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Japanese Yen

Japan - Japanese Yen (JPY)

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Description

The Japanese yen is the currency of Japan. Our records show the Japanese yen is the fourth most traded currency with us. The banknotes are printed on paper. The Bank of Japan (BoJ) is responsible for issuing the Japanese banknotes. The Japanese yen is the most traded currency out of Asia and one of the highest traded in the world. The Bank of Japan manages the yen’s floating exchange rate while working to carry out currency and monetary control to maintain the stability of the financial system. Yen translated into English means “circle” or “round object”.