Search & Save. Fast, easy and always free.
Change amount ..
The Yen is the official currency of Japan. It is the third most traded currency in the foreign exchange market after the United States dollar and the euro. 100 yen is unofficially symbolized $, so a 980-yen item may be written as $9.8.
The Japanese government has maintained a policy of currency intervention since 1973, which continues to this day. The Japanese government focuses on having a high level of exports to create a trade surplus and keep the yen competitive. The Bank of Japan maintains a policy of zero to near-zero interest rates and the Japanese government has an extreme anti-inflation policy. Japan has the third longest life expectancy in the world, with men living to 81 years old and women living to almost 88 years old on average.
21% of the Japanese population is elderly, the highest proportion in the world. There are more elderly than there are children in Japan today.
In Japanese, the name Japan is Nihon or Nippon, which means Land of the Rising Sun. It was once believed that Japan was the first country to see the sun rise in the East in the morning.
The Japanese Yen is the official currency of Japan. The ISO 4217 currency code for the Japanese Yen is JPY.