Japanese Yen to Euro

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 euro (sign: €, code: EUR, number: 978) is the official currency of the Eurozone. Presently, the Eurozone comprises 19 EU states and several non-EU microstates and special territories, such as the Vatican or the Republic of Kosovo. The euro has replaced the former accounting currency European Currency Unit (ECU).

The non-cash form of the euro currency came into existence in 1999. Physical euro banknotes and coins entered into circulation in 2002. The European currency is second in international interbank turnover, succumbing only to the US dollar.