Banknotes of the Japanese yen

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A series D 1000 yen note, featuring the portrait of Natsume Sōseki. It has been replaced by the series E 1000 yen note since November 1, 2004.

The banknotes of the Japanese yen are part of the physical form of Japan's currency. The issuance of the yen banknotes began in 1872, two years after the currency was introduced. Throughout its history, the denominations have ranged from 0.05 yen to 10,000 yen.

Before World War[edit]

In 1872, the Ministry of Finance introduced notes in denominations between 10 sen and 100 yen. "Imperial Japanese Paper Currency" followed in 1873 in denominations of 1 yen up to 20 yen. "Imperial Japanese Paper Money" was issued between 1881 and 1883 in denominations between 20 sen and 10 yen.

In 1877 and 1878, the Imperial Japanese National Bank issued 1 and 5 yen notes. In 1885, the Bank of Japan began issuing notes, in denominations of 1, 5, 10 and 100 yen. 20 yen notes were added in 1917, followed by 200 yen in 1927 and 1000 yen in 1945.

Between 1917 and 1922, the government issued 10, 20 and 50 sen notes. 50 sen notes were reintroduced in 1938. In 1944, 5 and 10 sen notes were introduced by the Bank of Japan.

Allied forces notes[edit]

The Allies issued notes in denominations of 10 and 50 sen, 1, 5, 10, 20, 100 and 1000 yen between 1945 and 1951, during which time the Bank of Japan also issued notes. Banknotes below 1 yen became invalid on December 31, 1953 by the same legislation mentioned above.

Australia actually made notes for the occupation as well and those can be seen at the Australian Reserve Bank website [1]

Regaining sovereignty[edit]

By the early 1950s, notes below 50 yen had been replaced by coins, followed by those for 50 and 100 yen in the late 1950s. In 1957 and 1958, 5000 and 10,000 yen notes were introduced. The 500 yen notes were replaced after 1982, while 2000 yen notes were introduced in 2000.

1946-48[edit]

Series A (1946–48)
Image Value Dimensions Description Date of
Obverse Reverse Obverse Reverse issue issue suspension expiration
Series A 5 sen Bank of Japan note - front.jpg Series A 5 sen Bank of Japan note - back.jpg ¥0.05 94 × 48 mm Prunus mume blossoms Geometric patterns May 25, 1948 December 31, 1953 December 31, 1953
Series A 10 sen Bank of Japan note - front.jpg Series A 10 sen bank of japan note -back.jpg ¥0.1 100 × 52 mm Pigeons The Diet building September 5, 1947
Series A 1 Yen Bank of Japan note - front.jpeg Series A 1Yen Bank of Japan note - back.jpg ¥1 124 × 68 mm Ninomiya Sontoku Geometric patterns March 19, 1946 October 1, 1958 Valid
Series A 5 Yen Bank of Japan note - front.jpg Series A 5 Yen Bank of Japan note - back.jpg ¥5 132 × 68 mm Geometric patterns March 5, 1946 April 1, 1955
Series A 10 Yen Bank of Japan note - front.jpg Series A 10 Yen Bank of Japan note - back.jpg ¥10 140 × 76 mm The Diet building February 25, 1946
Series A 100 Yen Bank of Japan note - front.jpg Series A 100 Yen Bank of Japan note - Back.jpg ¥100 162 × 93 mm Prince Shōtoku, "Yumedono" (A hall associated with Prince Shōtoku in Hōryū-ji Temple) Hōryū-ji Temple February 25, 1946 July 5, 1956

1950-53[edit]

Series B (1950–53) [2]
Image Value Dimensions Main Color Description Date of
Obverse Reverse Obverse Reverse issue issue suspension
Series B 50 Yen Bank of Japan note - front.jpg Series B 50 Yen Bank of Japan note - back.jpg ¥50 144 × 68 mm Orange Takahashi Korekiyo The headquarters of the Bank of Japan December 1, 1951 October 1, 1958
SeriesB100Yen Bank of Japan note.jpg SeriesB100Yen Bank of Japan note - back.jpg ¥100 148 × 76 mm Brown-orange Itagaki Taisuke The Diet building December 1, 1953 August 1, 1974
Series B 500 Yen Bank of Japan note - front.jpg Series B 500 Yen Bank of Japan note - back.jpg ¥500 156 × 76 mm Dark blue Iwakura Tomomi Mt. Fuji April 2, 1951 January 4, 1971
Series B 1000 Yen Bank of Japan note - front.jpg Series B 1000 Yen Bank of Japan note - back.jpg ¥1000 164 × 76 mm Grey Prince Shōtoku "Yumedono" January 7, 1950 January 4, 1965

The series B introduced a new high value banknote ¥1000.

1957-69[edit]

Series C (1957–69) [2]
Image Value Dimensions Main Color Description Date of
Obverse Reverse Obverse Reverse issue issue suspension
Series C 500 Yen Bank of Japan note - front.jpg Series C 500 Yen Bank of Japan note - back.jpg ¥500 159 × 72 mm Blue Iwakura Tomomi Mt. Fuji November 1, 1969 April 1, 1994
Series C 1K Yen Bank of Japan note - front.jpg Series C 1K Yen Bank of Japan note - back.jpg ¥1000 164 × 76 mm Yellow-green Itō Hirobumi The headquarters of the Bank of Japan November 1, 1963 January 4, 1986
Series C 5K Yen Bank of Japan note - front.jpg Series C 5K Yen Bank of Japan note - back.jpg ¥5000 169 × 80 mm Green-brown Prince Shōtoku The headquarters of the Bank of Japan October 1, 1957 January 4, 1986
P94b-10000Yen-(1958) front.jpg P94b-10000Yen-(1958) back.jpg ¥10000 174 × 84 mm Brown-green Prince Shōtoku A pillar painting of Hōō in Byōdō-in Temple December 1, 1958 January 4, 1986

The series C introduced two new high value banknotes ¥5000 and ¥10000.

1984[edit]

Series D (1984) [3]
Image Value Dimensions Main Color Description Date of
Obverse Reverse Obverse Reverse issue issue suspension
Series D 1K Yen Bank of Japan note - front.jpg Series D 1K Yen Bank of Japan note - back.jpg ¥1000 150 × 76 mm Blue Natsume Sōseki Pair of Cranes November 1, 1984 April 2, 2007
Series D 5K Yen bank of japan note - front.jpg Series D 5K Yen bank of japan note - back.jpg ¥5000 155 × 76 mm Purple Nitobe Inazō Mt. Fuji, Lake Motosu and Cherry blossoms
Series D 10K Yen Bank of Japan note - front.jpg Series D 10K Yen Bank of Japan note - back.jpg ¥10000 160 × 76 mm Brown Fukuzawa Yukichi Pair of Pheasants

Due to the discovery of a large number of counterfeit Series D banknotes at the end of 2004, all Series D banknotes except ¥2000 were virtually suspended on January 17, 2005,[4] and officially suspended on April 2, 2007.[5] According to a news release [6] from the National Police Agency, they seized 11,717 counterfeit Series D banknotes (excluding the ¥2000 denomination) in 2005. However, they seized only 486 counterfeit current issue banknotes, namely Series E ¥1000, ¥5000, ¥10000, and Series D ¥2000.

2000[edit]

Commemorative series D (2000) [3]
Image Value Dimensions Main Color Description Date of issue
Obverse Reverse Obverse Reverse
P103-2000Yen-(2000) front.jpg 2000 Yen Murasaki Shikibu.jpg ¥2000 154 × 76 mm Green Shurei-mon Scene from the Tale of Genji and portrait of Murasaki Shikibu July 19, 2000
2000 yen note with The Tale of Genji and Murasaki Shikibu on the right corner

This is the current issue. The 2000 yen note was first issued on July 19, 2000 to commemorate the 26th G8 summit in Okinawa and the 2000 millennium year as well. Pictured on the front of the note is Shureimon, a famous gate in Naha, Okinawa near the site of the summit. The other side features a scene from the The Tale of Genji and the author Murasaki Shikibu on the lower right corner. The motif of the scene was taken from the 12th century illuminated handscrolls of the novel kept at the Tokugawa Art Museum in Nagoya. The image of Murasaki Shikibu is taken from the Gotoh edition of the Murasaki Shikibu Diary Emaki held at the Gotoh Museum.

These notes are rare in the market, but at banks they are readily available. Many Japanese consider the 2000 yen note a novelty as it is the only Japanese denomination in the factor of 2. To promote the circulation of the notes, some companies had started paying wages in them. The series D is the first to display the EURion constellation.

2004[edit]

Series E (2004) [3]
Image Value Dimensions Main Color Description Date of issue
Obverse Reverse Obverse Reverse
1000 yen banknote 2004.jpg 1000 Yen from Back.jpg ¥1000 150 × 76 mm Blue Noguchi Hideyo Mt. Fuji, Lake Motosu and Cherry blossoms November 1, 2004
Series E 5K Yen Bank of japan note - front.jpg Series E 5K Yen Bank of japan note - back.jpg ¥5000 156 × 76 mm Purple Higuchi Ichiyō "Kakitsubata-zu" (Painting of Irises, a work by Ogata Kōrin)
Series E 10K Yen Bank of Japan note - front.jpg Series E 10K Yen Bank of Japan note - back.jpg ¥10000 160 × 76 mm Brown Fukuzawa Yukichi Statue of hōō (phoenix) from Byōdō-in Temple

This is the current issue. The EURion constellation pattern can be observed on the series E.

References[edit]

  1. ^ http://www.rba.gov.au/Museum/Displays/_Images/1920_1960/100_yen_note_front_big.jpg
  2. ^ a b http://www.boj.or.jp/en/type/list/yuko/data/money01.pdf
  3. ^ a b c Currency in Use: Bank of Japan
  4. ^ http://www.boj.or.jp/type/release/zuiji/bnnew16.htm[dead link]
  5. ^ 一万円券、五千円券および千円券の今後の支払について:日本銀行
  6. ^ http://www.npa.go.jp/toukei/souni/gizou.htm[dead link]

External links[edit]