HISTORY OF JAPENESE "YEN" ---¥

HISTORY OF YEN:-

SYMBOL:-¥

"YEN"(¥) is the currency used in Japan.After United States dollar and the euro it is the third most-traded currency in the foreign exchange market for trading.

The Japanese YEN is also widely used as a reserve currency after the U.S. dollar the great Europe and the British pound sterling.
In east asia large no of Yen are counted in multiples of 10,000(man, 万) in the same way as values in Western countries or European countries are often quoted in thousands or other.The word en that is used in yen means "round object" .

The Japanese yen was officially adopted by the government of Meiji in an Act been signed on May 10, 1871.The japanese YEN in the, form of a silver coin similar to the contemporary Mexican Peso,was introduced beginning from the month July of 1871.

In the year of 1949 the Yen was equivalent to 1 United States Dollar and this stayed in effect until 1971. Japanese coins come in 1, 5, 10, 50,100 and 500 Yen.

All of the bills and coins in japan are different sizes. For example the bills decrease in size from 10,000 Yen to 1,000 Yen. Each bill has also been raised bumps in the bottom, left corner if we look at the bill from the front