Cryptocurrency Q&A Are Japanese banknotes and coins still in use?

Are Japanese banknotes and coins still in use?

Andrea Andrea Fri Jan 24 2025 | 5 answers 1351
I'm curious if Japanese banknotes and coins are still being used in the country. With the advancement of technology, I wonder if they have been replaced by digital payment methods or if they remain a common form of currency. Are Japanese banknotes and coins still in use?

5 answers

alexander_jackson_athlete alexander_jackson_athlete Sun Jan 26 2025
Japanese currency features a variety of distinctive markings on both banknotes and coins. These markings serve as security features and help to authenticate the genuineness of the currency.

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Daniele Daniele Sat Jan 25 2025
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GinsengBoostPowerBoostVitality GinsengBoostPowerBoostVitality Sat Jan 25 2025
On July 3, 2024, Japan introduced new denominations of banknotes, including the 10,000 yen, 5,000 yen, and 1,000 yen notes. The new designs incorporate advanced security technologies to combat counterfeiting.

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DigitalDynasty DigitalDynasty Sat Jan 25 2025
Despite the issuance of the new banknotes, the old versions remain legal tender and are still in circulation. Both new and old banknotes coexist in the Japanese economy, providing a seamless transition for consumers.

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BusanBeautyBloomingStar BusanBeautyBloomingStar Sat Jan 25 2025
For those interested in understanding the differences between the new and old banknotes, we have compiled a concise guide. This overview highlights the key features and design elements of each denomination, facilitating easy identification.

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