Japanese Yen - JPY

The Japanese Yen (JPY) is the official currency of Japan, recognized globally by its symbol "¥". It is one of the most traded currencies in the world and plays a significant role in international finance, often seen as a safe-haven asset. The yen is issued by the Bank of Japan and is known for its stability. It's widely used not only in domestic transactions but also in international trade. The currency is subdivided into 100 sen, although sen are no longer used in everyday transactions due to their low value.