Vintage and modern coins of Japan.
Coins of the Land of the Rising Sun can be called a real work of art, especially for old money. What paid the people of Japan in ancient times?
Sen is a small banknotes. Although this coin is Japanese, it received its name from the Chinese character. Translated into Russian, "sen" means "coin."
China is mentioned not by chance, because it was from this country that coins were imported to Japan, which was once called Yamato. In the country, they were left by the government, who liked their appearance: the coins looked like rings. The monetary unit was called "sen" and began to be actively used in trade relations. In 708, Sen became the official petty currency of Japan. Its release lasted until the year 958.
Over time, two more coins appeared in the economy of the country - bitacen and simasen, which showed a fake hay. Even the name of these coins is translated as "wrong coins".
Bitatase made almost everyone who had the ability to handle metal. Of course, the minting of such coins was for their own enrichment and was "illegal", but nevertheless was not punished by the state.
Simaseny began to be issued at the state level and were put into circulation.
These two types of coins were made from virtually any metal that was within reach. Of course, the fake was visible to the naked eye, but people of those times did not disdain cheap kinds of metal, and any money went into circulation. True, their value was lower.
Over time, the coin of Japan sen was used to exchange the yen.
In 1336, a new type of coin of Japan appeared in the country - mon, resembling the appearance of sen. Minted money from copper. However, in regions where this type of metal was in short supply, any other types were used. Production was completed in 1870.
Kammon is an interesting type of Japanese coin, if only because it is a whole bunch of coins strung on a string. Such money appeared in the turnover in 1615.
The exchange rate of that time was 1 cammon per 1000 mon, from which it can be concluded that in one bundle was the equivalent of the exchange rate of the number of coins.
Tokugawa was the union of all monetary coins, and from 1601 it became a tradable monetary unit.
The reason that influenced the emergence of Tokugawa was the fact that in Japan there was a frequent change of monarchs, and each issued its own coins. And in order to simplify trade, monetary unification was carried out.
Modern money. Japanese yen
Since 1872, a new type of coin, the yen, has appeared in the country's financial circulation. It was a kind of alignment with the European currency, because at that time there was an active establishment of relations between Japan and the countries of Europe.
The yen became the single currency of Japan, which was created to replace the once existed. For ease of use, the yen was divided into 100 exchangeable sen, and 1 sen was divided by another 100 rubles.
Throughout its history, the yen has experienced several reissues, and the last one was in 2004.
Minted coins are 1, 5, 10, 50, 100 and 500 yen. The metals used are aluminum, bronze and nickel.
A 1-yen coin is made of aluminum. On the obverse there is a tree, on the reverse - the monetary denomination in the form of the number 1.
Bronze coins are made in 5, 10 and 50 yen, in nickel - in 50, 100 and 500.
Currently, the Japanese yen is the third largest currency in the global financial market, following the euro and the dollar.