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Money in Japan is called Okane in the Japanese language. The currency itself is called the Yen. When you consider the Yen it is very similar to the penny in the United States. Japan money is brilliant when you consider their economic power.
The yen itself is fascinating. There is even a hole in the 50 Yen coin! The history and legend behind this says that was to make it easier to wear around your neck in years past. Of course, there are different denominations of Yen to spend depending on the circumstance.
The Yen is different to the money in the United States as the numbers much higher for what the price is worth. The paper money is in denominations of 1,000 and 10,000. Some have speculated that the government will change this to make it more equal to the dollar and euro in order to maintain the value of the currency.
Thought it may seem that way, this Japan money has not been around forever! Japan made it so in the year 1871, so it is a relatively recent event when you’re considering the long and fascinating history of Japan.
The design has changed over the years in order to keep up with different banking standards. The last redesign even occurred in the 2000’s. Who knows when the next one will take place with rumors running rampant.
Some may be interested in what they yen is made out of. The smaller denominations are made out of nickel, bronze, copper, or aluminum in descending order. The 50 and 5 yen are even more fun with their hole in the center. Children especially consider these to be lucky charms.
Going to Japan requires that you get a good handle on their money system. Before you leave make sure you check the value of Japan money against the currency in your own country. It is also important to wrap your head around the way that the money is denominated. It can be quite a switch!
Japan money has a rich culture that has the potential to change even further. Investigate this money system and you might even get your own lucky charm.
Best interactive and fun way to learn Japanese
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