![]() If you plan to move to Japan or visit Japan, you’ll have several options for paying for goods and services while you’re there. Yen notes and coins are nearly impossible to replicate outside official channels, so the risk of fraud and money laundering is low. Like many major currencies of the world, it uses a mix of the following security features: ![]() The yen is extremely difficult to counterfeit. The Japanese yen is one of the most secure forms of currency. In Japan, many people refer to yen as “ okane,” the Japanese word for money. The word “yen” translates to “round object” in English, which refers to the shape of the coins. This is largely due to Japan’s successful manufacturing sector and high-value exports, which makes it popular as a safe-haven currency for investors. It’s also the most-traded currency in Asia, ahead of the Singapore dollar and Chinese yuan. ![]() As of this writing, the yen is the third-most traded currency in the world after the United States dollar and the euro. dollar, the Swiss franc, and the British pound sterling. The yen is part of a small group of strong global currencies such as the U.S. JPY is the world’s third-most traded currency.
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