Japanese Yen to Chilean Peso

The Japanese yen (international symbol: ¥, code: JPY, number 392) is the national currency of Japan and is in issuance continuously since 1871. The yen is on the list of world reserve currencies and used in the IMF system. Yen derives from the Japanese word “en”, meaning "round" it is also close to the Chinese "yuan".

One yen is subdivided into 100 “sen”. However, coins in denominations of less than one yen became invalid in the middle of the 20th century. Today “sen” can only be used in the format of mathematical calculations. The banknotes depict the intellectual elite of Japan, and not political figures.

The Chilean peso (sign $, code CLP) is the national currency issued and spread only in Chile. The Chilean peso can be changed into coins named centavo. Every CLP has 100 centavos.

The currency had appeared in circulation in 1817, but was later replaced with escudo. However, the Chilean peso has been issued again. Today, both currencies are used at the same time. In 2008, the state mint has issued 50 commemorative coins with a misspelling of the country’s name. Some of these coins were sold at auction. Having a face value of 50 peso, their price could go up to 20 thousand peso. This nuisance led to the fact that the head of the mint was fired.