The currency used in Tokyo, Japan is the Japanese Yen.
Understanding the Currency of Tokyo
Tokyo, being the capital city of Japan, utilizes the official currency of the country. According to the provided information, JPY - Japanese Yen is the currency of Japan. Therefore, the currency you will use for transactions in Tokyo is the Japanese Yen (JPY).
Key Details about the Japanese Yen
The Yen is the third most traded currency in the foreign exchange market, after the United States Dollar and the Euro. It is a crucial currency in the global economy.
- Currency Name: Japanese Yen
- Currency Symbol: ¥
- ISO 4217 Code: JPY
The Yen is issued by the Bank of Japan (BOJ). It is available in both coins and banknotes.
Japanese Yen Banknotes and Coins
When you are in Tokyo, you will encounter the Yen in various denominations:
- Banknotes: ¥1,000, ¥2,000 (rarely seen), ¥5,000, and ¥10,000.
- Coins: ¥1, ¥5, ¥10, ¥50, ¥100, and ¥500.
The ¥5 coin is distinctive as it has a hole in the center.
Using Yen in Tokyo
Whether you are shopping, dining, or using public transport in Tokyo, the Yen is your medium of exchange.
- Cash vs. Card: While major hotels, department stores, and larger establishments in Tokyo accept international credit cards (Visa, Mastercard, American Express, JCB), cash is still widely used, especially at smaller shops, restaurants, and for transportation (though IC cards like Suica or Pasmo are also common for transport).
- ATMs: You can withdraw Yen from ATMs, particularly those found in post offices and convenience stores (like 7-Eleven, FamilyMart, Lawson), which usually support international cards.
Quick Reference Table: Japanese Yen
For a quick overview, here are the essential details:
| Feature | Detail |
|---|---|
| Currency Name | Japanese Yen |
| ISO Code | JPY |
| Symbol | ¥ |
| Country | Japan |
| City (as part) | Tokyo |
Understanding the currency and how it's used will help ensure smooth financial transactions during your visit to Tokyo.
