Cryptocurrency Q&A What is the origin of yen?

What is the origin of yen?

Giulia Giulia Sun Nov 10 2024 | 7 answers 1222
I'm curious about the origin of yen. Where did it come from and how did it become Japan's official currency? I want to understand the historical background behind the yen. What is the origin of yen?

7 answers

GangnamGlitzGlamour GangnamGlitzGlamour Mon Nov 11 2024
As part of this reform, the Japanese yen was officially introduced.

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ShintoSpirit ShintoSpirit Mon Nov 11 2024
In the 19th century, Japan utilized Spanish dollars alongside its local currencies.

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CoinMasterMind CoinMasterMind Mon Nov 11 2024
The yen replaced the mon currency system that had been in place during the Tokugawa era.

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Nicola Nicola Mon Nov 11 2024
This coexistence of currencies led to a complex monetary system.

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alexander_jackson_athlete alexander_jackson_athlete Mon Nov 11 2024
To address this issue, the Meiji government implemented the New Currency Act in 1871.

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