Japan is a very noteworthy nation with a very deep past. They are a technological and financial hub. The Japanese Yen is also one of the most traded currencies in the market. The Japanese Yen dates back to the late 1800’s. It started as a silver coin and eventually gold coins. The current coin denominations range from 1 – 500 Yen and the banknotes range from 1000, 2000, 5000 and 10,000 Yen. The banknotes feature image of notable authors, teachers, and scientists. They also feature image of notable Japanese buildings, monuments and scenery. The overall design of Japanese banknotes can be described as an ancient design. The paper has a yellowish/white look which makes it look like it was printed a century ago. The 10,000 Yen features an image of Fukuzawa Yukichi who founded Keio University. The reverse features an image of a phoenix statue located in a temple. It was announced recently that newly redesigned 1000, 5000 and 10,000 Yen banknotes will be released in 2024.
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