The Japanese yen is Japan's currency, identified by JPY and the symbol ¥. The Bank of Japan issues the country's banknotes. A new series entered circulation on 3 July 2024 with ¥1,000, ¥5,000 and ¥10,000 notes featuring redesigned portraits and security technology. Earlier Bank of Japan notes that have not been withdrawn remain valid, so more than one design can circulate at the same time.
Yen amounts are normally quoted without a decimal subdivision in everyday use, which makes displayed stake and balance figures look numerically larger than equivalent amounts in currencies such as USD or EUR. That presentation difference does not imply a higher underlying value. A JPY-denominated online account keeps its ledger in yen, while payments from a foreign-currency card or bank account can still be converted by the issuer, processor or receiving service before settlement.
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