Japanese Yen for Foreigners: Complete Currency Guide for Tourists
If you’re planning a trip to Japan, understanding the Japanese Yen (JPY) is crucial. This guide is tailored specifically for foreigners traveling to Japan, helping you confidently handle Japanese currency while saving time and money.
What is the Japanese Yen?
The Japanese Yen (¥) is the official currency of Japan. It comes in both coins and bills:
- Coins: ¥1, ¥5, ¥10, ¥50, ¥100, ¥500
- Bills: ¥1,000, ¥2,000 (rare), ¥5,000, ¥10,000
Current Exchange Rate
As of today, ¥1 is roughly equal to around 0.0065 to 0.0070 USD. Exchange rates vary, so check online or use currency converter apps before exchanging large amounts.
Where to Exchange Money
- At the airport (convenient but often higher fees)
- Currency exchange centers in major cities
- Post offices and some ATMs (7-Eleven ATMs accept foreign cards)
- Avoid exchanging at hotels unless urgent
Cash vs Card: What’s Better in Japan?
Japan is still largely a cash-based society, especially in rural areas and small restaurants. Always carry enough cash. However, in cities, credit/debit cards are accepted at most hotels, department stores, and convenience stores.
Tips for Foreigners Using Japanese Yen
- Carry a coin purse – coins are used frequently
- Keep small bills for vending machines and trains
- Use contactless payment apps like Suica or Pasmo if available
- Always check exchange fees and rates before converting money
- Withdraw cash at international ATMs like 7-Eleven or Japan Post
How Much Money Should You Carry?
For most tourists, carrying around ¥10,000–¥20,000 per day is sufficient. Japan is safe, so carrying cash isn’t a big risk—but always stay cautious.
Frequently Asked Questions
1. Can I use US dollars or Euros in Japan?
No. Only Japanese Yen is accepted for daily transactions. Exchange your currency before shopping or traveling locally.
2. Do Japanese people tip?
No, tipping is not part of Japanese culture. In fact, it can be considered rude in some places.
3. Are ¥2,000 bills real?
Yes, but they’re rare. Most locals and machines prefer ¥1,000, ¥5,000, and ¥10,000 notes.
Conclusion
Mastering the basics of the Japanese Yen for foreigners can greatly improve your travel experience. Always stay informed about exchange rates, carry cash, and understand local customs to make your Japan trip smooth and enjoyable.
Ready to explore Japan? Make sure you’re Yen-ready before you land!