The latest on AUD to JPY exchange rates
To learn more about the history of the Japanese yen and its relationship with the Aussie dollar, keep reading below.
And if you're heading to Japan soon, be sure to check out our travel guide!
Exchange rates last updated Tuesday, 24 April 2018 11:13:22 AM AEST. The online exchange rates provided by this Currency Converter are intended as a guide only and should not be used for transactional purposes. All rates are subject to change from time to time without notice. Exchange rates used in-store may differ from those offered online. The Travelex online buy rate will be used for conversions from a foreign currency to the local currency. The Travelex online sell rate will be used for conversions from the local currency to a foreign currency.
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The lowdown on the Japanese yen
In Japan, they pronounce it “en” in Japan, but we usually say “yen” in English – so you’ll be right either way. The yen, which means circle or round object, has been around since 1871.
The Japanese yen is known as one of the world’s hard currencies – that means it usually holds its value. People usually use cash in Japan, and that’s the only way you can pay in some places. That’s why it’s not unusual for people to carry a lot of cash around, also helped by the fact that Japan has one of the lowest crime rates in the world.
When it comes to coins, it’s much easier to tell what’s what than it is with some currencies – the one yen coin is made from aluminium, and it floats; the five and 50 yen coins have a hole in the middle, and the five yen coin is a shiny mix of zinc and copper that’s thought to be good luck. The 500 yen coin is one of the highest value coins around, so don’t confuse that one for small change.