8 interesting things about Japanese banknotes and coins that Japanese people still don't know

If someone says, the life cycle of each bill is only 1-2 years, then it will be withdrawn and recycled into . toilet paper, do you believe it?

Each country will use different materials to make paper money and coins (if any). On the façade are the typical symbols of each country, such as giants, animals, trees, landscapes or monument buildings.

Therefore, when going abroad, many people often have fun to learn about the currency of that country.

And below are some very interesting points of Japanese banknotes and coins that the cherry peoples are not sure about.

Japanese banknotes

There are 4 different denominations: 10,000 yen, 5,000 yen, 2,000 yen and 1,000 yen.

1. On the bill with embossed patterns, it is possible to distinguish the blinds

On the front of the bill, the bottom left and right sides all have embossed patterns. Banks use ink to stamp on these places, helping blind people to distinguish by touching.

The sign of identification of 10,000 yen sheet is a hook like the letter L in reverse. With 5,000 yen sheet is octagonal (8 edges). The 1,000 yen sheet has a dash.

From the left is the symbol of 10,000 yen notes, 5,000 yen and 1,000 yen.

The sign to know the 2,000 yen sheet is the three circular dots lined up - the symbol for number 2 in the Japanese Braille (Braille system) table.

In addition, the left corner below the 10,000 yen sheet and 5,000 yen will have an extra hologram (the hologram technique), which will feel shiny when touched.

Previously 10,000 yen and 5,000 sheets each had oval holograms. But since May 5/2014, the 5,000 has been replaced by a square. Thus, it is possible to distinguish 10,000 sheets with 5,000 yen.

10,000 yen sheet.

2,000 and 1,000 yen sheets have no holograms. But because 2,000 yen notes are rarely used, so if the bill doesn't have a hologram, the blind person will know immediately that it is 1,000 yen.

Reading through is a bit confusing, but the floating motifs and holograms will be very helpful for those visually impaired!

2. The special thing of 2,000 yen sheet

Next, you will know immediately why the 2000 sheet is so rare in the market!

This banknote is still valid.

The bill was printed before the G8 summit held in Okinawa Prefecture in 2000. However, it is not popular today because it cannot be used at vending machines.

The Bank of Japan printed out 700 million denominations of 2,000 yen in 2000, and printed more than 100 million sheets in 2003, then stopped since then.

However, this note is still valid. It's just that you rarely see it used, if it does, it will appear in Okinawa Prefecture.

3. The life cycle of each bill is 1-2 years, then it will be recovered and recycled into . household paper

According to the Bank of Japan, the average life of 10,000 yen notes is 4-5 years.

There are 5,000 yen and 1,000 yen due to being used a lot so the life cycle is also shorter, only about 1-2 years.

Discharged banknotes will be put into recycling machines, turned into household paper, toilets .

Financial institutions will send money to the Bank of Japan. The central bank will check the authenticity and status of the bill, then they decide to return it to circulation or remove it.

Discharged banknotes will be put into recycling machines, turned into household paper, office, toilet paper .

4. Can people then exchange torn notes?

Money damaged or stained can be exchanged at the Bank of Japan located in Nihonbashi, Tokyo or 32 other branches of this bank. In addition, it can also be exchanged at some commercial financial institutions.

Each note will be evaluated as follows:

1. If the banknote is still two-thirds or more, the bank will exchange for you the full value of the money.
2. If the banknote remains between 1/5 and 2/3, the bank will exchange for you half of its value.
3. If the note remains less than 1/5, it cannot be exchanged.

Japanese coins

There are 6 different denominations of 500 yen, 100 yen, 50 yen, 10 yen, 5 yen and 1 yen.

1. The bank will spend more than 1 yen to make . 1 yen coin!

1 yen is close to 205 VND.

If you ask how much money to produce coins, it is very difficult to answer correctly, because the price of metal will change. Currently, estimate the price of aluminum materials to produce 1 yen coin is from 2 to 3 yen.

However, the price to produce other denominations seems cheaper (due to materials and other causes).

Estimated, it costs 7 yen to make a 5 yen coin. It costs 10 yen for a 10 yen coin. It costs 20 yen for a 50 yen coin. It costs 25 yen for a 100 yen coin. And it costs 30 yen for a 500 yen coin.

2. Can clean the coin by soaking vinegar

Long-term coins will become black and dirty. With 5 yen or 10 yen coins, you can soak them in vinegar for cleaning.

Because these two types of coins are made of copper, when it comes to vinegar acid, the stains will fly away. This measure is unlikely to succeed with other types of coins, because their materials are not the same.

3. You can only use up to 20 identical denomination coins for each payment

That is, for every payment, you can only use at most 20 1 yen denominations.

That is, for each payment, you can only use at most 20 coins of 1 yen worth, 20 coins of 5 yen . only.

The law stipulates this to allow stores to refuse to receive too many coins at the same time, which is inconvenient, time consuming.

But with paper money, carefree, how many sheets can be used once.

4. Only 5 yen coins and 50 yen coins have holes in the middle, why?

From left: 500 yen coin, 100 yen, 50 yen, 10 yen, 5 yen and 1 yen.

The reasons vary depending on the case. With a 5-yen coin, the hole is to save production materials, without consuming a lot of metal.

The 5-yen coin was first circulated in 1949, shortly after the Second World War, so Japan had to "tighten its belts" , leaving a budget for reconstruction.

The other 50 yen coin is different. Because it is the same color as the 100 yen coin, it is easy to distinguish the hole.

Interim

When traveling, we often care about how to keep money or . spend money, rarely paying attention to the details behind. But the more we learn, the more we discover the good things about culture, history . of the country where we are in charge of.

For example, Japanese yen notes or coins - they have many interesting points, right?