The Tokyo Traveler » Yen http://www.thetokyotraveler.com About Tokyo for travelers, visitors, and residents. Wed, 10 Dec 2008 08:30:00 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Nihon on the Net http://www.thetokyotraveler.com/2008/05/nihon-on-the-net-4/ http://www.thetokyotraveler.com/2008/05/nihon-on-the-net-4/#comments Sun, 04 May 2008 09:46:11 +0000 http://www.thetokyotraveler.com/nihon-on-the-net-4/ Post from: The Tokyo Traveler

]]> image Japanese Royal Tombs opened to Scholars for the first time.

It will cost Japan approximately $100,000 dollars to redesign a commemorative coin because of a copyright dispute with a Brazilian artist.

A new high speed train service connecting Tokyo to Kanagawa Prefecture utilizes a “secret” train track under Tokyo.

Bobby Valentine, a baseball manager for the Chiba Lotte Marines in Japan, thinks that Major League teams in the US should send players to the Olympics.

Photo Credit: Flickr, Birra Coin, Like

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]]> http://www.thetokyotraveler.com/2008/05/nihon-on-the-net-4/feed/ 3 Japanese Currency – The Yen http://www.thetokyotraveler.com/2008/03/japanese-currency-the-yen/ http://www.thetokyotraveler.com/2008/03/japanese-currency-the-yen/#comments Mon, 24 Mar 2008 20:44:01 +0000 http://www.thetokyotraveler.com/japanese-currency-the-yen/ Post from: The Tokyo Traveler

]]> The unit of Japanese currency is the Yen. Coins are available in denominations of 1, 5, 10, 50, 100 and 500 yen and bank notes in denominations of 1,000, 2,000 (rarely seen), 5,000 and 10,000 yen. Yen

The conversion rate for the past few weeks has ranged from 100 to 114. What does this mean? It means that for every one U.S. dollar exchanged you will receive between 100 and 114 yen. That means that Y10,000 is the equivalent of about $93-100 USD. With numbers like those everything looks expensive in Japan!

Imagine telling your friends in the United States that you paid a thousand Yen for lunch. That sure sounds like a lot but it is actually only about $9.25 – 10 USD and is a common price for a set lunch in Tokyo which includes a drink. It’s definitely not as expensive as it sounds.

Photo Credit: Personal Collection

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