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What is the currency in Japan? A complete guide

Japan is a captivating mix of ancient traditions and modern innovation, offering everything from historic temples to vibrant cityscapes. To make the most of your visit it’s important to make sure that you plan your finances.

This guide dives into all you need to know about Japan's currency, from its various denominations to how to get the currency.

Currency in Japanese

The official currency of Japan is the Japanese yen (JPY), symbolised by ¥ or 円 in Japanese. One yen corresponds to 100 sen, although the sen is no longer used in everyday life and is only seen on the stock market.

Japanese yen denominations

Japanese yen comes in both note and coin form:

Notes:

  • 1,000 yen
  • 2,000 yen
  • 5,000 yen
  • 10,000 yen

Coins:

  • 1 yen
  • 5 yen
  • 10 yen
  • 50 yen
  • 100 yen
  • 500 yen

Where is the Japanese yen used as a currency?

The Japanese yen is only used in Japan. It’s a good idea to make sure you have at least some currency at all times, as some Japanese outlets won’t accept UK debit or credit cards.

History of the Japanese yen

Japan's journey to modern currency began with the introduction of the yen (¥) in 1869, a bold step by the Meiji government to unify and modernise its economy.

Before the yen, Japan relied on a patchwork of regional currencies, like the shimmering kobans (gold coins) and weighty monme (silver coins), creating a system as intricate as it was chaotic.

The New Currency Act of 1871 swept away this complexity, establishing the yen as a sleek, standardised currency inspired by European monetary systems. With its decimal structure—100 sen to a yen—the yen symbolised Japan's leap into the global economic stage and remains the nation's trusted currency to this day.

Where can I buy Japanese yen?

The easiest and least-stress option is to order your yen from us before you head to Japan. Ordering online will get you our best available rate.

If you need to convert yen once you’ve arrived, there are plenty of Travelex stores on hand. Just take a look at our store locator to find the nearest branch.

While you can also use credit and debit cards to withdraw yen from an ATM, there are often hidden charges and not all cards are accepted. The Travelex Money Card is the best of both worlds, giving you convenience and security with no nasty surprises.

FAQs about the Japanese yen

How much money should I take to Japan?

It’s tricky to know how much money to take to any travel destination. How much money you will need depends on your plans, how much you typically spend and the level of luxury you’re expecting. It’s worth learning more about how expensive Japan is, thinking through how much you can afford, and setting a daily budget so you can keep track.

Do you have to tip in Japan?

Tipping is not expected in Japan, and trying to leave one can be socially awkward. It will usually be refused. In Japan, hard work and good service are seen as points of personal pride, so a tip is viewed as unnecessary.

What is the best currency to take to Japan?

You will need Japanese yen wherever you go but it’s easy to organise. You’ll usually get the best value by ordering currency before departure.

Ready to buy some Japanese yen?

Take a look at our available rates and buy your Japanese yen online. Get your yen delivered to your door or collect at one of more than 50 Travelex stores.

Take out our Buy Back Promise when you buy your travel money and, after your trip, we’ll buy back your leftover currency from you at the original transaction exchange rate.

Travel safer with our Travelex Money Card

Experience added peace of mind with the Travelex Money Cardan optimal alternative to carrying your debit card. Unlike your debit card, our Travelex Money Card is not linked to your bank account, minimising your risk of losing all your funds in case of loss or theft. Load your card with Japanese yen and withdraw cash from ATMs or make secure, contactless payments directly at the point of sale.

While Travelex doesn’t impose charges for ATM withdrawals, it's important to note that fees from other ATM providers may apply.

FAQs on the currency of Japan

  • What currency does Japan use, and how long has it been in place?

    The Yen has been the Japanese Monetary Unit since 1869, when it was introduced as part of economic modernisation.

  • Is Japan expensive?

    Japan is generally considered to be a fairly expensive country to visit, but in fact it now compares quite favourably with the Western world. The Japanese yen has been weakening and the cost of living in the West is rising, so many items now cost less than you might expect.

  • Is Japan safe?

    Japan is considered a very safe destination for tourists. When travelling anywhere unfamiliar you should always use common sense to avoid trouble. Avoid going out by yourself at night, beware of pickpockets in busy areas, and always put your valuables in a hotel safe where possible.

  • How much money should I take to Japan?

    It’s tricky to know how much money to take to any travel destination. How much money you will need depends on your plans, how much you typically spend and the level of luxury you’re expecting. It’s worth thinking through how much you can afford and setting a daily budget so you can keep track.

  • Do you have to tip in Japan?

    Tipping is not expected in Japan, and trying to leave one can be socially awkward. It will usually be refused. In Japan, hard work and good service are seen as points of personal pride, so a tip is viewed as unnecessary.

  • What is the best currency to take to Japan?

    You will need yen wherever you go but it’s easy to organise. You will usually get the best value by ordering currency before departure.

Ready to buy some Japanese yen?

Take a look at our available rates and Buy Japanese Yen Online. Get your yen delivered to your door or collect at one of more than 50 Travelex stores.

Take out our Buy Back Promise when you buy your travel money and, after your trip, we’ll buy back your leftover currency from you at the original transaction exchange rate.

Travel safer with our Travelex Money Card

Travel safer with our Travelex Money Card

Experience added peace of mind with the Travelex Money Card - an optimal alternative to carrying your debit card. Unlike your debit card, our Travelex Money Card is not linked to your bank account, minimising your risk of losing all your funds in case of loss or theft. Load your card with Japanese yen and withdraw cash from ATMs or make secure, contactless payments directly at the point of sale.

While Travelex does not impose charges to ATM withdrawals, it's important to note that fees from other ATM providers may apply. Find out more on our fees here.

Order your card