The Yen Japan's main unit of currency is the yen and its symbol is ¥ or ¥. The sen, a former monetary unit, was worth 1/100 of a yen. "Yen" originally referred to a round coin, while "sen" referred to a copper coin. And strangely enough, the plural of "yen" is "yen." The Japanese use 1, 5, 10, 50, 100, and 500 yen coins. Slightly different from ours, but not too much. Since a yen is roughly equal to a cent, you can see than a 100 and 500 yen coin is close to a dollar and 5 dollar coin. Wow, and are they handy. Too bad the dollar coin never seems to catch on in the States...not to mention a 5 dollar one!
I use the general rule of moving the decimal point over two places to the left and that gives you an idea of the dollar amount. When Bob was here on a port call in the fall, the conversion rate reached $1.28, but now we're getting about $1 for ¥100. On base we can pay in dollars, yen or with a credit card. But out in town we need to pay with yen. We could use a credit card, but are charged a fee for conversion, so it's easer to use yen.
1 comments:
That's cool, I've always wondered what the conversion was. But never took the time to look. Atleast right now the conversion is pretty easy with 1 yen = $1. :)
I'm jealous you're over there seeing and doing all this cool new stuff!
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