Japanese Yen (JPY) Exchange Rates

ISO 4217 Code

JPY

Central Bank

Bank of Japan

Website

www.boj.or.jp

Official users

Japan

Sub-unit

1/100 Sen
1/1000 Rin

Plural

Yen

Coins in use

¥1, ¥5, ¥10, ¥50, ¥100, ¥500

Banknotes in use

¥1000, ¥2000, ¥5000, ¥10000

Mint

Japan Mint

Website

www.mint.go.jp

The Yen is the official currency of Japan and is also used as a reserve currency coming behind the US dollar, the Euro and the pound as the most popular choice. The Yen was formerly adopted as the nation’s currency in 1871 after the Chinese sold their money press to the Japanese government.

Japan is a major economic power and is the world’s third biggest economy by GDP and fourth in terms of its buying power. Its population is the tenth highest in the world at 127million people and its capital of Tokyo is the most densely populated city with over 30 million people living within the city limits.