The Japanese yen, also written as JPY, is the official currency of Japan. The yen was created in 1872, replacing the mon currency of the feudal era. The yen lost most of its value by the end of World War II and was pegged to the U.S. dollar in 1949. When the U.S. went off the gold standard in 1971, the yen was taken off the dollar peg in 1973 and has been a floating currency since. The yen is the third most traded currency in the foreign exchange market after the United States dollar and the euro.
||This article's lead section may not adequately summarize key points of its contents. (June 2014)|
|ISO 4217 code||JPY|
|Central bank||Bank of Japan|
|Unofficial user(s)||Zimbabwe|
|Source||The World Factbook, 2012 est.|
円 (Japan—present day)
|Plural||The language(s) of this currency does not have a morphological plural distinction.|
|Coins||¥1, ¥5, ¥10, ¥50, ¥100, ¥500|
|Banknotes||¥1000, ¥2000, ¥5000, ¥10,000|
|Printer||National Printing Bureau|
The Japanese yen (円 or 圓 en?, symbol: ¥; code: JPY) is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States dollar and the euro. It is also widely used as a reserve currency after the U.S. dollar, the euro, and the pound sterling.