Japanese yen · JPY
¥ symbol · 1 country currently using this currency.
Currency info
Adopted: 1871
Currency family: Yen
The yen is the third most traded currency in the world after the US dollar and euro.
- Adopted in 1871 during the Meiji Restoration to modernize Japan's currency system
- Replaced the complex han and bu system of the Edo period
- Became one of the world's major reserve currencies after Japan's post-WWII economic growth
- Introduced decimal system based on 100 sen and 1,000 rin for easier calculation
Countries currently using this currency
Related
Historical predecessor
Ryo and bu (Edo period)