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.