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About the Yen
Coins and Notes
The Japanese yen (¥) is available in unholed coins ¥1, ¥10, ¥100, and ¥500, and holed coins ¥5 and ¥50. Banknotes include ¥1000, ¥2000, ¥5000 and ¥10,000 variations.
Facts about the currency
- The name ‘yen’ comes from the Japanese translation of ‘a round object’.
- Between December 1941 and April 1949, the yen didn’t have a true exchange rate, as wartime inflation had reduced the yen to a fraction of its value before the war. The US occupation government fixed the value of the yen at ¥360 per US$1 in 1949 in an attempt to stabilise prices in the Japanese economy. This rate was abandoned in 1971.
- While most nations display the Gregorian calendar year of mintage on their coins, yen coins display the year of the current emperor's reign.
Still not sure?
Create a Currency Alert
Hold onto your kimono – check out the exchange rate between the AUD and JPY in the historical charts below. If you're interested in factors that influence the exchange rate, you can learn more by reading our Traveller's Guide to JPY Forecasting. Alternatively, for the latest information on foreign exchange markets check out our regular AUD News updates.
Want to wait for a particular rate? Simply sign up for a currency alert and we’ll give you a heads up when the yen has hit the magic number.