JPY - Japanese Yen
Japanese Yen Basic Information
Category | Details |
|---|---|
Name | Japanese Yen |
Symbol | ¥ |
Code | JPY |
Country or Region | Japan |
Central Bank | Bank of Japan |
JPY - Japanese Yen Denominations & Conversion
The Japanese Yen (JPY) is the basic unit of currency in Japan. The yen is abbreviated as "¥" and is widely used in both international and domestic contexts. Coins are available in denominations of ¥1, ¥5, ¥10, ¥50, ¥100, and ¥500. Banknotes come in ¥1,000, ¥2,000, ¥5,000, and ¥10,000 denominations. Special notes and commemorative coins are also issued occasionally.
Denominations & Conversion Table
Unit | Subunits | Conversion Relationship |
|---|---|---|
Yen (¥) | None | 1 Yen = 1 Yen |
Coins | ¥1, ¥5, ¥10, ¥50, ¥100, ¥500 | Each coin is valued at its face value |
Banknotes | ¥1,000, ¥2,000, ¥5,000, ¥10,000 | Each banknote is valued at its face value |
JPY - Japanese Yen History
The Japanese Yen (JPY) was officially introduced in 1871, replacing the complex Edo period monetary system. Major reforms included the adoption of the gold standard in 1897 and subsequent adjustments post-World War II to stabilize the currency. In 1949, the yen was pegged to the US dollar under the Bretton Woods system, leading to significant economic growth. Over the years, the Bank of Japan has implemented measures to maintain stability and counter deflation.
Top 5 Cities in Japan
Tokyo (Capital)
Tokyo, Japan's capital, is a bustling metropolis known for its skyscrapers, shopping, and rich cultural history. It is the political, economic, and cultural heart of the country, featuring landmarks like the Tokyo Tower and the Imperial Palace.
Osaka
Osaka is Japan's third-largest city and a major financial hub. It is renowned for its modern architecture, nightlife, and hearty street food, including the famous takoyaki and okonomiyaki.
Yokohama
Yokohama, located near Tokyo, is Japan's second-largest city and a major port. It offers beautiful waterfront views, the historic Yokohama Chinatown, and modern attractions like the Landmark Tower.
Nagoya
Nagoya is an industrial and automotive powerhouse, home to Toyota's headquarters. The city features cultural sites like Nagoya Castle and the Atsuta Shrine.
Sapporo
Sapporo, the largest city on the northern island of Hokkaido, is famous for its annual snow festival, beer, and beautiful natural landscapes, making it a popular destination for winter sports.
Travel Tips for Visiting Japan
Basic Geography
Japan is an archipelago with a total land area of approximately 377,975 square kilometers. It comprises 47 prefectures, including the four main islands: Honshu, Hokkaido, Kyushu, and Shikoku. Each prefecture has its own unique culture and attractions.
Climate and Weather
Japan has a varied climate ranging from the cold winters in Hokkaido to the subtropical weather in Okinawa. It is advisable to check the weather and pack accordingly, as conditions can change rapidly.
Cuisine
Japanese cuisine is diverse, including sushi, ramen, tempura, and kaiseki. Regional specialties offer unique flavors, such as Osaka's takoyaki and Hiroshima's okonomiyaki. Japan is also famous for its fresh seafood and seasonal ingredients.
Payment Methods
While cash is widely used, Japan also has a growing acceptance of credit cards and mobile payment methods like Suica and Pasmo. ATMs are conveniently available in urban areas and major convenience stores.
Telecommunications
The top operators in Japan are NTT DoCoMo, KDDI (au), and SoftBank. These companies provide extensive coverage and various prepaid SIM options for travelers.
Transport
Japan boasts an efficient public transportation system, including extensive metro networks in cities and a reliable high-speed Shinkansen (bullet train) system. Buses and taxis are also readily available.
World Heritage Sites
Japan is home to numerous UNESCO World Heritage Sites, including the Historic Monuments of Ancient Kyoto, Mount Fuji, and the Hiroshima Peace Memorial. These sites reflect Japan's rich cultural and natural heritage.
Tipping
Tipping is not a common practice in Japan and can sometimes be considered rude. Service charges are typically included in the bill, and exceptional service is considered standard.