Review:
Japanese Yen (currency)
overall review score: 4.2
⭐⭐⭐⭐⭐
score is between 0 and 5
Japanese Yen is the official currency of Japan and one of the most traded currencies in the world.
Key Features
- Widely used in international trade
- Issued by the Bank of Japan
- Symbol: ¥
- Subunits: 1/100 called sen and 1/1000 called rin
Pros
- Stable currency with a strong economy backing it
- Accepted in many countries for exchange
- Easy to convert into other major currencies
Cons
- Exchange rates can fluctuate heavily in response to economic conditions
- Japanese Yen coins are not widely accepted outside of Japan