The Japanese yen (symbol: ¥; code: JPY) is the official currency of Japan and was adopted by Japan in 1871. The yen is commonly used in denominations of ¥1,000, ¥5,000, ¥10,000 bills and ¥5, ¥10, ¥50, ¥100, ¥500 coins. The yen is a the third most traded currency on the forex market and is widely used as a reserve currency.
Japanese Yen Currency
Currency Exchange Rates
The yen is the third-most traded currency in the foreign exchange market, after the United States dollar (USD) and the euro (EUR). The yen is considered a "safe haven" currency, because it tends to hold its value even during periods of risk.