True: The Yen Is Japan's Official Currency

True. The yen (¥; JPY) has been Japan's official currency since the 1871 Meiji Restoration.

  • Issued by the Bank of Japan (central bank).
  • Third most traded currency globally (after USD, EUR).
  • Major reserve currency.
  • Coins: ¥1, 5, 10, 50, 100, 500. Notes: ¥1,000, 2,000 (rare), 5,000, 10,000.

No other currency is legal tender in Japan.

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