- From Local Money to World PowerThe yen is the official currency of Japan and one of the most traded currencies in the world. But how did it rise from a humble origin to a global status?
- The Japanese yen or en is the currency used in Japan12. It is usually written with the romanised symbol ¥, but in Japanese it is written with the kanji 円1. The coins range from ¥1 up to ¥500, while the highest paper note value is ¥100001. The Japanese currency is the third most traded currency in the world1. The yen was part of the modernization policy of Japan’s economy formed by the Meiji government during the late 19th century2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The Japanese yen or en is the currency used in Japan. It is usually written with the romanised symbol ¥, but in Japanese it is written with the kanji 円. The coins are very light and range from ¥1 up to ¥500. The highest paper note value is ¥10000. The Japanese currency is the third most traded currency in the world.simple.wikipedia.org/wiki/YenThe Japanese Yen refers to the national currency of Japan and is abbreviated as JPY. The idea of the yen was part of the modernization policy of Japan’s economy formed by the Meiji government during the late 19th century. The strengthening of the US dollar and the rising Japanese economy are often cited as reasons for the yen’s appreciation.corporatefinanceinstitute.com/resources/foreign-ex…
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