What is the currency used in Japan?

The currency used in Japan is known as the Yen. This Japanese currency is symbolized by ¥ and is an essential element of the country's economy. The Yen has been in use since the late 19th century and is one of the most widely traded currencies in the world, often recognized as a benchmark currency across global financial markets. It plays a crucial role not only in Japan's economy but also in international trade and finance. Understanding the Yen is important for anyone interested in economics or global affairs, particularly relating to Asia. The other currencies listed—Yuan, Dollar, and Won—are associated with different countries: the Yuan is used in China, the Dollar is commonly associated with the United States, and the Won is the currency of South Korea.