The official currency of Japan is the yen, represented by the symbol ¥ and the currency code JPY. Other less common symbols include 円 and 圓.
The word ‘yen’ actually means ‘round object’ or ‘circle’ in Japanese and is typically pronounced as ‘en’ in Japan.
The Osaka Mint Bureau is responsible for minting and controlling the circulation of Japan’s currency.
The Japanese yen is actually the most heavily traded currency in Asia, thanks largely to its comparatively low interest rates. It’s also the third most traded currency in the foreign exchange market behind the United States dollar and the euro.
