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  2. Japanese yen - Wikipedia

    en.wikipedia.org/wiki/Japanese_yen

    The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as 1.5 g (0.048 troy ounces) of gold, or 24.26 g (0.780 troy ounces) of silver, and divided decimally into 100 sen or 1,000 rin. The yen replaced the previous Tokugawa coinage as well as the various hansatsu paper currencies issued by feudal han (fiefs

  3. Currency - Wikipedia

    en.wikipedia.org/wiki/Currency

    Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. [4]

  4. Denomination (currency) - Wikipedia

    en.wikipedia.org/wiki/Denomination_(currency)

    Many countries where Western European languages are spoken currently have their main units divided into 100 subunits. Some currencies that previously had subunits no longer do, because inflation has rendered the subunit useless. A prominent example is the Japanese yen, which was formerly divided into 100 sen or 1000 rin. Both subunits were ...

  5. List of countries by foreign-exchange reserves - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    These reserves are critical to Japan's financial stability, providing a buffer against economic shocks, facilitating trade and investment, and supporting the value of the Japanese yen. As of 2024, Japan's foreign exchange reserves are typically around $1.2 trillion to $1.3 trillion, making Japan one of the largest holders of reserves globally ...

  6. Plaza Accord - Wikipedia

    en.wikipedia.org/wiki/Plaza_Accord

    The Plaza Accord was a joint agreement signed on September 22, 1985, at the Plaza Hotel in New York City, between France, West Germany, Japan, the United Kingdom, and the United States, to depreciate the U.S. dollar in relation to the French franc, the German Deutsche Mark, the Japanese yen and the British pound sterling by intervening in currency markets.

  7. Exchange rate - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate

    The future exchange rate is reflected into the forward exchange rate stated today. In our example, the forward exchange rate of the dollar is said to be at a discount because it buys fewer Japanese yen in the forward rate than it does in the spot rate. The yen is said to be at a premium. UIRP showed no proof of working after the 1990s.

  8. Japanese government–issued Oceanian pound - Wikipedia

    en.wikipedia.org/wiki/Japanese_government...

    The pound was one of several issues of Japanese invasion money used during World War II. One pound was subdivided into 20 shillings. Consisting of only four denominations, the Oceanian pound was the shortest set (i.e., total number of denominations) issued. Only notes for £1, 10/–, 1/– and ⁠ 1 / 2 ⁠ /– were issued.

  9. Hard currency - Wikipedia

    en.wikipedia.org/wiki/Hard_currency

    The paper currencies of some developed countries have earned recognition as hard currencies at various times, including the United States dollar, euro, British pound sterling, Japanese yen, Swiss franc and to a lesser extent the Canadian dollar, Australian dollar, New Zealand dollar, Swedish krona, Singapore dollar, and Hong Kong dollar.