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Money in Japan

The yen, ATMs, exchanging currencies, and etiquette

When traveling in Japan, visitors will need to use the Japanese currency. In our money guide, we outline the basics of using Japanese yen (¥, JPY), including denominations, exchange rates, and payment methods.

Japanese Yen

The official Japanese currency is the Japanese yen, represented by the currency code JPY and the currency symbol, ¥.

Locally in Japan, yen is pronounced “ en ” in Japanese and often accompanied by its kanji, 円, in everyday use.

The Japanese yen is available in 10 denominations, including six coins and four banknotes that you can read about in-depth in the denomination section.

As of 2024, the number of ways to pay in Japan has proliferated—though cash is arguably still king.

Despite the widening use of credit- and debit cards, Japan is still predominantly considered a cash-based society which especially holds true in rural areas or when visiting small, independent businesses.

It’s always a good idea to have small denominations (10 yen and 100 yen coins, as well as 1,000 yen notes) handy, as many ticket and vending machines will not accept larger denominations (especially 5,000 and 10,000 yen bills).

Having so much cash in your wallet may make you feel uneasy at first, but Japan does have one of the lowest crime rates in the world. While nothing beats being careful, chances are you’re more likely to lose money by dropping or leaving it, rather than it getting stolen.

• If you are holding too many coins, note that a lot of supermarkets or convenience stores (7-eleven, Family Mart, Lawson etc) have payment kiosks that let you use denominations down to 1 yen allowing you to quickly deposit them.

Credit/Debit Cards

Credit and debit cards are increasingly accepted across Japan, but always try to check in advance whether a place solely accepts credit cards (also often indicated near the shopfront for any business), as well as abide by these tips:

Even if you decide to mainly use a credit card, it is still recommended to carry or have access to sufficient cash.

Most credit card companies will charge a surcharge (usually 1–3%) for foreign-issued cards. A Wise card lets you avoid foreign transaction fees and convert at the real exchange rate, even when using local ATMs.

The most commonly accepted cards are MasterCard, Visa, and JCB, followed by American Express and Diner’s Club.

• Credit card readers typically support one of swipe, insert or tap/contactless (referred to as "touch" in Japan). In some cases, you may still asked to sign for payments but it is rare for the vendor to check the authenticity of this (often they'll have already returned the card).

Transit IC cards, such as Suica and PASMO , are commonplace in Japan's major cities. The 10 main IC operators across Japan also include Icoca, Pitapa, Toica, Manaca, Kitaca, Suogca, Nimoca and Hayakaken. They are all interoperable, meaning you can use one card of another IC card's network, but you cannot travel between IC card areas on a single card.

They are predominantly used for train and bus fares, but can also be used for payments in urban areas with good transportation links, including for use at vending machines, station kiosks, shops, cafes and restaurants.

Both iPhone and Android support digital versions of Suica and Pasmo via their official apps for easy contactless payment. Android devices need to support Osaifu-Keitai/FeliCa (only installed on phones sold within Japan) whereas Apple devices including iPhone 8 or later and Apple Watch Series 3 or later should work fine.

Digital Payments

If you have a Japanese phone number, a number of local apps are available to you. Digital payment apps can typically be topped up at ATMs or via connecting a bank account, credit card or mobile service provider. Payments can be made via contactless terminals or having a vendor scan your QR code. Services include:

• R (Rakuten) Pay

Getting Yen

Two common ways to withdraw yen are through Japan Post and 7-Eleven ATMs:

Japan Post ATMs are located at more than 26,000 locations nationwide (denoted with the “JP” logo); each post office will have at least one, while they can also be found at shopping malls and supermarkets. Service hours vary according to location; large post offices in major cities will have longer hours than small ones in rural areas. English services are also available

7-Eleven (Seven Bank) has over 20,000 ATMs across Japan, located at 7-Eleven convenience stores. Services are offered virtually 24/7 and currently available in 12 languages (Japanese, English, Korean, Simplified Chinese, Portuguese, Chinese traditional, Thai, Malay, Indonesian, Vietnamese, French, and German).

E-net ATMs in Family Mart can also offer a service to international cards including MasterCard.

Be aware of service charge fees that may also rise for transactions made outside traditional operating hours (usually 9am–5pm on weekdays):

MasterCard ATMs in Japan

Visa Card ATM Locator

Wise in Japan

If you need to transfer funds to a local account or to have convenient access to currency during your trip, Wise (formerly TransferWise) allows you to do so — economically, quickly and easily.

Together with the app, a Wise card can help give you more spending flexibility in Japan while always knowing you'll get competitive exchange rates and the ability to set currency alerts or auto-convert currency.

If you don't have an account, sign-up to Wise today to get a fee-free transfer of up to 75,000 JPY!

Exchanging Currencies

For a general idea of what current exchange rates are like, check out XE Currency Converter or Wise's own Currency Converter .

All places with an “Authorized Foreign Exchange” sign can exchange currencies; these places include banks and money changers (such as Travelex ), which can be located at airports and in major cities.

• Banks are usually open from 9am to 3pm on weekdays.

Hotels and large department stores may offer currency exchange services, although with extra fees and less favorable rates.

Traveler's Checks

Due to the relatively limited number of ATMs that support foreign-issued cards, traveler’s checks are more useful than you’d think in Japan.

Traveler's checks tend to carry more favorable rates than money changers and ATMs, and are accepted by leading banks, hotels, ryokan , and stores in major cities, but very few places elsewhere.

• Do not pay with a check drawn from a foreign bank; as many Japanese places will either charge large extra fees or not accept them at all.

Money Etiquette and Things to Know

Consider the following hints and tips when using money in Japan:

Tipping : Japan has a no-tip policy . Leaving a tip at a restaurant or a taxi driver will often result in them returning you the money (If you do want to leave a tip—such as for a maid at a ryokan or a tour guide—put the money in an envelope and give it to them in person).

Handling cash : Most restaurants, shops, and even taxis, will provide a small tray for you to put money on, instead of giving it directly to the cashier. This is also often used when receiving small change.

Consumption tax : When paying for goods in Japan, it is fairly common to see the pre-tax price advertised although, by law, the final price should always be indicated. Consumption tax is currently 10%, but for cafes, restaurants or other businesses serving food to take away the tax is 8%.

When to exchange : Although it depends on the currency, it is generally better to exchange yen in Japan than in your home country, due to a lower commission and better exchange rate. Similarly, you'll typically get better rates away from the major airports.

Denominations

Read more in detail about each of the Japanese yen's coins and bills.

1,000 yen ( sen-en )

The design is printed in blue.

The front of the current banknote features a portrait of Hideyo Noguchi, a bacteriologist famous for his groundbreaking research on syphilis and yellow fever.

The back of the current banknote features Mount Fuji and Lake Motosu , flanked with cherry blossoms.

2,000 yen ( nisen-en )

The design is printed in green.

It was issued in 2000 to commemorate the millennium, as well as the 26th G8 Summit, held in Okinawa.

The front of the banknote features the Shurei-mon, one of the main gates of the Okinawan castle Shuri-jyo .

The back features a scene from the Tale of Genji and a portrait of the author, Murasaki Shikibu.

Due to its limited number, 2,000 yen bills are considered a novelty in Japan.

5,000 yen ( gosen-en )

The design is printed in purple.

The current design of the front features Ichiyo Higuchi, the first prominent Japanese female author.

The current design of the back is the “Kakitsubata-zu,” a painting of irises by Ogata Korin.

10,000 yen ( ichiman-en )

The design is printed in brown.

The front of the current banknote features a portrait of Fukuzawa Yukichi, the founder of Keio University.

The back features the phoenix statue from Byodo-in .

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A Traveler's Guide to the Yen

Cash Transactions in Japan

In 1871—the same year that the Japanese mint was founded in Osaka —the Meiji government officially adopted the yen as Japan’s currency, and since then the yen has remained its primary form of money. The yen is the third most traded currency in the foreign exchange market after the United States dollar and the euro.

The yen, which means "round object" or "circle" in Japanese, comes in four denominations of bills while coins come in six denominations.

Coins were first minted in 1870. They feature images such as flowers, trees, temples, and rice. Unlike many coins worldwide, Japanese coins are stamped with the year of the current emperor’s reign rather than a year based on the Gregorian calendar. Coins have been made of nickel, cupro-nickel, bronze, brass, and aluminum. The one yen coin is entirely made of aluminum, it can float on water.

Bills come in 10,000 yen, 5,000 yen, 2,000 yen, and 1,000 yen quantities while coins come in 500 yen, 100 yen, 50 yen, 10 yen, 5 yen, and 1 yen, and all bills and coins are different sizes with larger amounts correlating to larger sizes. Banknotes were first made in 1872, two years after coins were first minted. They feature images of Mount Fuji, Lake Motosu, flowers, and many animals such as lions, horses, chickens, and mice. Japanese bank notes are some of the world's most difficult bills to counterfeit .

If you are planning to travel to Japan, you'll need to understand the basics of the Japanese yen in order to properly make purchases including paying for your meals and accommodations, shopping in one of the many commercial districts of the country, or even paying for your cabs and services in Japan's many cities.

Money Tips for Travelers to Japan

In Japan , traveler's checks and some foreign currencies can be used at most large hotels and duty-free shops; however, most businesses only accept the yen. More and more places including shops, hotels, and restaurants take credit cards. With a weaker yen, the easing of visa requirements, and the 2020 Tokyo Olympic and Paralympic Games bringing more tourists, there will be even more places that will start accepting credit cards.

Whether you have a credit card or not, you really need to have some local currency. For the best rates, exchange your money at the airport, post office, or authorized foreign exchange bank before you start your Japanese adventure.

You must have cash when traveling to small cities and rural areas. It’s also preferred to use cash if the price is a small amount. In other words, you will want to have small denominations for taxis, tourist attractions, small restaurants, and shops. Coins are great to have on hand for travel lockers, public transportation, and vending machines.

Do not rely on ATMs. Most Japanese ATMs do not accept foreign cards and might be closed at night or on the weekend. You should be able to find an ATM that you can use in 7-Eleven stores, the airports, post offices, or other international establishments that accommodate foreign travelers. In Japan, IC "integrated circuit" cards, which are prepaid transportation cards, can have value added to them and are handy to have for public transportation fares, lockers, and vending machines.

Average Costs

The value of the yen fluctuates like the dollar. But, to give you a sense of what a meal costs in Japan, you can buy a bowl of ramen for 500 to 1,000 yen. Although, a dinner might cost you about 3,000 yen. A subway ride costs about 200 yen. A taxi ride averages about 700 yen. To rent a bike for a day costs about 1,500 yen. Entrance fees to museums and attractions cost about 300 to 1000 yen per person.

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Japanese Currency Guide: All About Bills And Coins

This article contains information about the Japanese yen: bills and coins in circulation, how much they value, and other helpful facts about Japanese money.

About the Japanese Yen: Bills and Coins in Japan

You will need to use Japanese currency when traveling in Japan. This article provides basic information regarding the Japanese yen : denominations currently in use, typical exchange rates, and more.

Japan uses the Japanese yen, with the international symbol being ¥. Currently, there are 1,000 yen, 2,000 yen, 5,000 yen and 10,000 yen banknotes in circulation. Coins come in one-yen, five-yen, 10-yen, 50-yen, 100-yen and 500-yen denominations.

Looking for reasonably-priced accommodation in Japan? Check out MATCHA's discount coupons! Book flights, bullet train tickets, and accommodation in Japan at the best rates! Check our booking page!

Yen Exchange Rates

How much is your country's currency worth in yen? Look below for currency equivalent estimates (current as of September 2020).

Foreign Currency Exchange

A must for railway users! Introducing a convenient spot right in the station where you can get your hands on some Japanese yen. There are around seven foreign currency exchange counters and ten ATMs at JR East Japan stations in the greater Tokyo area. For more information, please visit this page .

Credit, Debit, and Other Cashless Options in Japan

Although many businesses and transactions remain done via cash in Japan, electronic payment is becoming much more popular countrywide as of September 2020. Department stores and chain supermarkets accept credit and debit cards. Convenience stores and other businesses are also starting to accept electronic payments like ApplePay, along with a number of domestic payment apps and services.

Another popular way of paying is via IC card ––using your Suica, Pasmo, Icoca, or other prepaid transportation cards to shop.

It is still important to carry around cash, but you may not need as much as you think you do.

Is Japan Going Cashless? A Guide To Paying Electronically In Japan

A Closer Look at Japanese Yen

Japanese banknotes and coins come with various distinct markings. We have compiled a brief overview here for your reference.

The 10,000 Yen Bill

The front of the 10,000 yen bill is adorned by an image of the samurai, Yukichi Fukuzawa, who was also an intellectual and an educator in the mid-to-late 1800s in Japan.

A 10,000 yen bill in your wallet is enough for a day of fun out in Tokyo or the city. You can enjoy a moderately-priced lunch, dinner, head to a museum, and go shopping for souvenirs with this amount of money.

The 5,000 Yen Bill

The 5,000 yen bill is of a violet hue and features Ichiyo Higuchi, Japan's first prominent female writer. She specialized in short stories and poetry.

On average, it costs around 5,000 yen per person when dining out at well-known restaurants and or spending an evening with drinks at an izakaya. If you want to have lunch at a traditional sit-down Japanese restaurant or sushi restaurant, you can expect to spend 5,000 yen.

The 2,000 Yen Bill

The design on the 2,000 yen bill features the Japanese literary classic, "The Tales of the Genji," and its author, Murasaki Shikibu. Making up just around 0.9% of the bills in circulation in Japan, you will see this bill rarely, if at all. Be careful because it cannot be used in vending machines.

If you want to indulge yourself and splurge at lunch in Tokyo, 2,000 yen is just about right. You might also want to charge 2,000 yen on your IC card for transportation if you are traveling more than an hour on a local train.

The 1,000 Yen Bill

The 1,000 yen bill features the bacteriologist, Hideyo Noguchi, on the front.

With 1,000 yen, you can buy a casual lunch at a chain restaurant. One option is a teishoku , or lunch sets, which typically contain rice, a main dish, soup and similar menu items. You can also enjoy a bowl of ramen for 1,000 yen or less.

The 500-Yen Coin

The 500 yen coin is actually the most recent yen coin to be minted in Japan. It is the largest of the yen coins, and you can feel its weight even in your wallet.

Most bento boxes sold at convenience stores cost around 500 yen, and are a great option for someone trying to save money on food expenses. Inputting the keywords "one coin" into a search engine will return an extensive list of places where you can eat lunch for a single 500 yen coin. For those seeking a pick-me-up, a latte or coffee drink from an upscale cafe in Japan will be priced at around 500 yen.

The 100-Yen Coin

The 100-yen coin is the Japanese equivalent of the one-dollar bill. It is the most commonly used coin on a day-to-day basis and has a wide variety of uses in daily shopping.

100-yen coins are easiest to spend at vending machines, when paying at convenience stores, and also when playing games at arcades. At McDonald's, items on the "100-Yen Mac" menu, such as regular hamburgers, soft-serve ice cream, and small drinks, can be purchased with a 100-yen coin. Items priced at 100 yen line the shelves at 100- yen stores : food, clothing, household goods and more. A basic omikuji paper fortune at a shrine or temple will usually cost 100 yen.

The 50 Yen Coin

The chrysanthemum , cultivated for its appeal as a decorative flower, can be seen on the 50-yen coin. When first released, 50-yen coins lacked holes in the middle. However, to make it easier to distinguish them from 100 yen coins at a glance, holes were incorporated into the design.

50-yen coins can be used to buy individually-packed candy known as " dagashi ," and these coins can also be used to buy discount drinks at places like Don Quijote .

The 10-Yen Coin

The design of the Phoenix Hall at Byodouin Temple in Kyoto , which is registered as a UNESCO World Heritage Site, is featured on the bronze 10-yen coin.

A 10-yen coin doesn't buy much on its own, but it can be convenient can charge an IC card with 10 yen coins and to use them at vending machines. In case of an emergency, you can use 10-yen coins at public payphones, which only accept 10 yen and 100 yen coins. You can get about 60 seconds of talk time during the day and about 80 seconds of talk time at night.

The Five-Yen Coin

Like the 50 yen coin, the design of the five-yen coin has a hole in the center. The words in Japanese for "five yen" and for "destiny" are both pronounced as "go en," so five yen coins are said to be lucky.

When visiting a temple or shrine in Japan , it is custom to make an offering using the five-yen coin due to this. You cannot use five-yen coins at vending machines, but cashiers in Japan will accept them.

The One Yen Coin

The one yen coin is made of aluminum and is extremely light, weighing in at just one gram. It is said that producing a one yen coin costs three yen. There is a saying in Japan that "he who laughs at one yen will weep at one yen," meaning that all money has value, even something as small as a one yen coin.

One yen coins cannot usually be used at vending machines, ticket machines, and other automatic payment machines. However, feel free to use one yens when you are shopping in-person.

Get Familiar with Japanese Money!

This concludes our feature on the Japanese yen. We hope you found it useful. Enjoy shopping in Japan!

Need Japanese Yen? Six Ways to Get Cash in Japan

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Practical GUIDE to JAPANESE CURRENCY for TOURISTS (7 Tips You Can’t Miss)

This site uses affiliate links, meaning that if you make a purchase through our links, we may earn an affiliate commission.

Welcome to Japan, a captivating destination known for its rich culture, exquisite cuisine, and fascinating traditions. As you embark on your journey through this incredible country, it’s essential to familiarize yourself with Japanese currency to ensure a smooth and hassle-free experience.

In this guide to Japanese currency for tourists , we will walk you through everything you need to know about handling money in Japan.

Whether you are strolling through the bustling streets of Tokyo, exploring historic temples in Kyoto, or indulging in authentic street food in Osaka, understanding Japanese currency is vital for making purchases, navigating transportation systems, and engaging in everyday transactions.

From the iconic yen notes and coins to payment methods, exchange rates, and money-saving tips, we have got you covered.

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Japan Travel Guide

• 1. The Japanese Yen - Denominations of Yen Banknotes and Coins
• 2. Currency Exchange - Best Places to Exchange Your Money
• 3. Cash or Card? Payment Methods in Japan
• 4. Budgeting Tips for Your Trip to Japan
• 5. Etiquette and Cultural Considerations When Making Payments and Tipping in Japan
• 6. Safety and Security Tips for Handling Money in Japan
• 7. Useful Japanese Phrases for Currency and Money Exchange
• 8. Intrepid Scout's Tips for Guide to Japanese Currency for Tourists

The Japanese Yen - Denominations of Yen Banknotes and Coins

When it comes to Japanese currency, the unit of exchange is the yen (¥). Understanding the yen’s denominations and features is essential for handling money in Japan. Let’s explore the basics:

• Yen Banknotes: The yen banknotes come in various denominations: ¥1,000, ¥2,000, ¥5,000, and ¥10,000. Each note showcases different historical figures, landmarks, or cultural motifs. Familiarize yourself with their appearance and respective values to easily identify and use them during transactions.
• Yen Coins: Yen coins are available in six denominations: ¥1, ¥5, ¥10, ¥50, ¥100, and ¥500. While the ¥1 and ¥5 coins are less commonly used, the rest are widely circulated. Be sure to have a handy coin purse or wallet compartment to keep them organized.
• Unique Features: Japanese banknotes incorporate several security features to prevent counterfeiting. These features include watermarks, holographic strips, microprinting, and tactile marks for the visually impaired. Taking a moment to familiarize yourself with these security features can help you authenticate banknotes and avoid counterfeit currency.
• Currency Symbols: The symbol for the Japanese yen is “¥,” which is often used to denote prices or amounts. It’s worth noting that the yen symbol is different from the dollar symbol “$” or the euro symbol “€.”

By understanding the denominations, appearance, and unique features of Japanese yen banknotes and coins, you will be better prepared to handle money confidently during your stay in Japan.

1,000 yen bill – this bill has been in use since 1945 and it is the lowest value yen bill. The front side of the bill has the image of the legendary regent and politician under Empress Suiko, Prince Shōtoku. The reverse side bears a drawing of Mt. Fuji and cherry blossoms.

5,000 yen bill – the front side has a portrait of Ichiyo Higuchi, a Meiji-era writer and poet. The reverse side depicts “Kakitsubata Flowers”, from a folding screen by Korin Ogata.

10,000 yen bill – the front side of this note has a portrait of Yukichi Fukuzawa, a Meiji-era philosopher and founder of Keio University. The reverse side has a drawing of the hoo (Chinese phoenix) in the Hall of the Phoenix, Byodoin temple.

Japanese coins are a fascinating aspect of the country’s currency system and hold a rich cultural significance. With their unique designs and varying values, these coins play an essential role in everyday transactions and reflect Japan’s history and traditions

Japanese Coins / Guide to Japanese Currency for Tourists

Currency Exchange - Best Places to Exchange Your Money

When traveling to Japan, it’s essential to exchange your home currency for the Japanese yen. Here are some key points to consider when it comes to currency exchange:

• Exchange Locations: Currency exchange services can be found at various locations, including airports, banks, post offices, and dedicated currency exchange offices. Airports often have multiple currency exchange counters, making it convenient to obtain yen upon arrival. Major train stations and tourist areas may also offer currency exchange services.
• Exchange Rates: Exchange rates fluctuate, so it is wise to compare rates from different providers to get the best value for your money. Keep in mind that currency exchange services may charge a commission or fee, which can vary between providers. Additionally, rates at airports and hotels may be slightly less favorable, so it is advisable to exchange a small amount initially and seek better rates elsewhere.
• ATMs: ATMs in Japan are widely available, and many accept foreign debit and credit cards. Look for ATMs labeled with international card logos such as Visa, Mastercard, or Plus. Convenience stores, post offices, and 7-Eleven outlets often have ATMs that support foreign cards.

• Prepaid Travel Cards: Consider obtaining a prepaid travel card, such as a Visa or Mastercard prepaid card, before your trip. These cards can be loaded with yen in advance and used for purchases or ATM withdrawals during your stay in Japan. Prepaid travel cards often offer competitive exchange rates and can provide a convenient and secure way to manage your money while traveling.
• Notify Your Bank: Before traveling, inform your bank or credit card company about your trip to Japan. This ensures they are aware of your international transactions and reduces the chances of your card being blocked for suspicious activity.

Remember to keep your exchanged yen and receipts in a secure place. It is advisable to carry a mix of cash and cards for flexibility. In the next section, we will explore the different payment methods commonly used in Japan, providing you with further options for managing your expenses.

Cash or Card? Payment Methods in Japan

In Japan, you will encounter a variety of payment methods, including cash and electronic payment options. Understanding how to use these methods will greatly enhance your convenience during your travels. Let’s explore the common payment methods in Japan:

• Cash: Cash is widely accepted throughout Japan, making it essential to carry yen with you. Many small businesses, local markets, and street vendors may only accept cash payments. Additionally, it is customary to pay with cash when visiting traditional establishments, such as ryokans (traditional inns) or certain restaurants.
• Credit and Debit Cards: Credit and debit cards are accepted at most major establishments, including hotels, department stores, restaurants, and larger retailers. International credit cards, such as Visa, Mastercard, and American Express, are commonly accepted. However, it’s worth noting that some smaller businesses, street food stalls, or local shops may only accept cash. Always carry some cash as a backup, especially when exploring more remote areas or local markets.
• ATMs: As mentioned earlier, ATMs in Japan are widely available, and many accept foreign debit and credit cards. ATMs can be found at post offices, convenience stores, and banks. However, be aware that not all ATMs are accessible 24/7, particularly in smaller towns or rural areas. Additionally, some ATMs may charge a fee for international transactions, so it’s advisable to check with your bank regarding any applicable fees.
• Cashless Payment Systems: Cashless payment systems, such as Suica and Pasmo, are prevalent in Japan. These rechargeable smart cards can be used for transportation, shopping, and even vending machines. Simply load money onto the card and tap it on the designated readers. They are particularly convenient for commuting on trains, buses, and subways. Many stores, restaurants, and convenience stores also accept mobile payment methods like Apple Pay or Google Pay.
• Currency Conversion Fees: When using credit or debit cards, it’s essential to be aware of any currency conversion fees that may be charged by your card issuer. Some banks charge a percentage-based fee for foreign currency transactions, so it’s advisable to check with your bank beforehand to understand the applicable fees.

Having a combination of cash and cards, along with familiarity with cashless payment systems, will ensure you are well-prepared to handle various payment situations during your time in Japan. In the next section, we will provide tips on budgeting and managing your expenses effectively.

Budgeting Tips for Your Trip to Japan

Managing your expenses and budgeting wisely are crucial aspects of any trip. Here are some practical tips to help you budget effectively while exploring Japan:

• Research Average Costs: Before your trip, research and familiarize yourself with the average costs of accommodation, meals, transportation, and attractions in the cities or regions you plan to visit. This will give you a baseline for budgeting and help you allocate your funds accordingly.
• Accommodation Options: Japan offers a wide range of accommodation options to suit different budgets. From luxurious hotels to budget-friendly guesthouses and capsule hotels, you can find something that aligns with your financial plans. Consider exploring different accommodation booking platforms to find the best deals and discounts.
• Dining Options: Japanese cuisine is renowned worldwide, and trying various local dishes is an integral part of the experience. To manage your dining expenses, explore a mix of dining options. While high-end restaurants can be expensive, you’ll also find affordable and delicious meals at local eateries, street food stalls, and convenience stores. Don’t miss the opportunity to indulge in authentic and affordable sushi, ramen, and bento boxes.

• Transportation: Getting around in Japan can be convenient and efficient, but it is essential to factor transportation costs into your budget. Consider purchasing a Japan Rail Pass if you plan to travel extensively by train, as it offers unlimited travel on Japan Railways (JR) lines for a fixed period. For shorter distances or within cities, public transportation like subways and buses provide cost-effective options.
• Free and Low-Cost Activities: Japan offers numerous free or low-cost activities that allow you to immerse yourself in the culture and attractions without breaking the bank. Explore public parks, gardens, temples, and shrines, many of which offer serene and picturesque settings. Take advantage of free walking tours, visit local markets, and participate in cultural events or festivals.
• Money-Saving Tips:

1. Purchase a prepaid travel card for convenient and secure transactions with favorable exchange rates.

2. Take advantage of discounted tourist passes for transportation or attraction entry.

3. Look for set menus or lunchtime specials at restaurants, which often offer better value for money.

4. Use discount coupons or vouchers available through guidebooks, websites, or tourist information centers.

Remember to track your expenses throughout your trip to stay within your budget. By planning ahead and making informed choices, you can enjoy a fulfilling experience in Japan without overspending. In the next section, we will discuss important etiquette and cultural considerations related to money in Japan.

Etiquette and Cultural Considerations When Making Payments and Tipping in Japan

Understanding the etiquette and cultural norms surrounding money in Japan is important to ensure respectful interactions and to avoid any unintended faux pas. Here are some key considerations:

• Politeness in Transactions: When making a payment or receiving change, it is customary to use both hands to offer or receive money, especially when dealing with cash in traditional establishments. This gesture demonstrates respect and politeness. Additionally, saying “arigatou gozaimasu” (thank you very much) after a transaction is appreciated.
• Tipping Culture: Unlike in some other countries, tipping is not a common practice in Japan. In fact, leaving a tip may be seen as confusing or even impolite. Service charges are typically included in bills at restaurants or hotels, so additional tipping is not necessary. Simply paying the stated amount is sufficient.

• Handling Cash in Public: When handling cash in public, it is considered polite to do so discreetly and avoid displaying large amounts. Using a wallet or a small money pouch to keep your cash organized and secure is advisable. This practice ensures personal safety and minimizes any potential unwanted attention.
• Shopping and Bargaining: While bargaining is not common in most retail settings in Japan, there may be some exceptions in certain markets or when purchasing high-value items. However, it is important to approach bargaining politely and respectfully, keeping in mind that it may not always be acceptable or successful. The marked prices in stores are generally considered final.
• Receiving Change: When receiving change, it is customary to inspect it briefly and acknowledge the amount received with a nod or a quick “arigatou gozaimasu.” This simple act shows attentiveness and appreciation.

By being mindful of these etiquette guidelines, you can navigate money-related interactions with grace and respect while enjoying a positive cultural experience in Japan.

In the next section, we will provide tips to ensure the safety and security of your money during your travels.

Safety and Security Tips for Handling Money in Japan

Keeping your money safe during your travels is essential. Here are some tips to ensure the safety and security of your money while in Japan:

• Carry a Secure Wallet or Money Pouch: Invest in a secure wallet or money pouch that has features like RFID-blocking material to protect your credit card information from electronic theft. Opt for a design that can be discreetly tucked away under your clothing to minimize the risk of pickpocketing.
• Divide Your Money: Avoid carrying all your cash in one place. Split your money into multiple pockets, wallets, or bags to have backup funds in case of loss or theft. This way, you’ll still have access to money even if one of your belongings is misplaced or stolen.
• Use Hotel Safes: Take advantage of the in-room safes provided by hotels to store your extra cash, credit cards, and other valuables. It’s a secure option that adds an extra layer of protection to your belongings.

• Be Cautious at ATMs: When using ATMs, be aware of your surroundings and choose well-lit, secure locations. Shield the keypad with your hand when entering your PIN, and ensure you take your card and receipt with you. If you encounter any suspicious devices or behavior around an ATM, find another machine and report it to the authorities if necessary.
• Keep Emergency Contact Information: Have a copy of important contact information, such as your bank’s customer service number and the local embassy or consulate, in case you need to report lost or stolen cards or encounter other financial emergencies.
• Notify Your Bank: Inform your bank about your travel plans and provide them with your contact information. This step helps prevent any unexpected issues with your cards and allows them to notify you in case of suspicious activity.

By following these safety and security tips, you can minimize the risk of financial mishaps and enjoy your trip to Japan with peace of mind.

In the next section, we will provide you with some useful Japanese phrases related to currency and money exchange that can assist you during your interactions.

Useful Japanese Phrases for Currency and Money Exchange

Knowing a few basic Japanese phrases related to currency and money exchange can greatly facilitate your transactions and communication with locals. Here are some useful phrases to keep in mind:

Currency Exchange:

• “Kawase o shimasu”: I would like to exchange currency.
• “Yen o kawase shimasu”: I would like to exchange yen.
• “Doko de kawase ga dekimasu ka?”: Where can I exchange currency?

Making Payments:

• “Kore o kudasai”: Please give me this.
• “Otsuri wa arimasu ka?”: Do you have change?
• “Kurejittokado wa tsukaemasu ka?”: Do you accept credit cards?
• “Arigatou gozaimasu”: Thank you very much.

Asking for Prices:

• “Kore wa ikura desu ka?”: How much is this?
• “Takai desu ne”: That’s expensive.
• “Yasui desu ne”: That’s cheap.

Expressing Gratitude:

• “Sumimasen”: Excuse me or I’m sorry.
• “Onegai shimasu”: Please.

Remember, even attempting a few basic phrases in Japanese shows respect and effort, and locals will appreciate your attempt to communicate. Do not hesitate to use simple gestures, such as pointing to the price or showing the amount of money, to aid in your communication.

With these useful phrases in your repertoire, you’ll be better equipped to navigate currency-related interactions and communicate effectively during your trip to Japan.

Intrepid Scout's Tips for Guide to Japanese Currency for Tourists

There are additional resources and services that can assist you during your trip. Here are a few recommendations:

• Tourist Information Centers: Japan has numerous tourist information centers located in major cities and tourist destinations. These centers offer helpful guides, maps, and brochures, as well as multilingual staff who can provide personalized assistance regarding currency exchange, payment methods, and other travel-related queries.
• Travel Apps and Websites: Utilize travel apps and websites that offer currency conversion tools, real-time exchange rates, and information on nearby ATMs, currency exchange offices, and local discounts. Some popular apps include XE Currency, Trail Wallet, and Google Maps, which can help you locate nearby banks and ATMs.
• Local Banks and ATMs: If you encounter any difficulties with currency exchange or have specific questions related to your bank or card usage, visit a local bank branch or speak to their customer service representatives. They can provide you with up-to-date information and assistance tailored to your specific needs.
• Embassy or Consulate: In case of any major financial emergencies, such as lost or stolen passports, credit cards, or significant currency-related issues, contact your country’s embassy or consulate in Japan. They can provide guidance, support, and assistance in resolving such matters.

Remember to plan ahead, stay informed, and be proactive in seeking assistance when needed.

We hope this guide has equipped you with the necessary knowledge to navigate the world of Japanese currency and money management. Enjoy your trip, embrace the unique cultural experiences, and create unforgettable memories in the Land of the Rising Sun!

More Information About Japan:

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Stunning Golden Pavilion in Kyoto (How to Visit and What to See)

Amazing Fushimi Inari Taisha in Kyoto (8 Things to Know Before You Visit)

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10 Amazing Things to Do in Hiroshima You Can’t Miss of Your Visit 

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JPY - Japanese Yen

The Japanese Yen is the currency of Japan. Our currency rankings show that the most popular Japanese Yen exchange rate is the JPY to USD rate. The currency code for Yen is JPY , and the currency symbol is ¥. Below, you'll find Japanese Yen rates and a currency converter.

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Importance of the Japanese Yen The Japanese Yen is the third most traded currency in the world, and the most heavily traded currency in Asia. Due to its relatively low interest rates, the Japanese Yen is often used in carry trades with the Australian Dollar and the US Dollar . A carry trade is a strategy in which a currency with low interest rate is sold in order to buy a currency with a higher interest rate.

Early Japanese Currency The history of currency in Japan began in the 8th Century when silver and copper coins, called the Wado Kaichin, began to be minted in 708. These coins imitated Chinese coins, and when Japan was no longer able produce their own coins, Chinese currency was imported into the country. Over the next few centuries, the inflow of Chinese coins did not meet the demand, so to counter this issue, two privately minted Japanese coins, the Toraisen and Shichusen, entered circulation from the 14th to 16th century. Around the 15th century, the minting of gold and silver coins known as Koshu Kin was encouraged and gold coinage was soon made into the new standard currency. The government later established a unified monetary system that consisted of gold currency, as well as silver and copper coins.

The Modern Day Japanese Yen By the 19th century, Spanish Dollars were being used in Japan, along with local currencies. In order to simplify and centralize the different coins being used at the time, the Yen (which means 'circle' or 'round object') was created in 1871. The New Currency Act developed a monetary system similar to the European one, with a decimal account system. The Yen operated under a bimetallic standard of gold and silver until 1897, when it was left under a sole gold standard. After World War II, the Yen lost much of its value and in 1971, fixed the exchange rate to the US Dollar at a rate of 308 JPY to 1 USD. This lasted until 1973 when it switched to a floating exchange rate.

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Guide to Japanese Yen: What Is It, How to Pay, and Where to Exchange in Japan?

When traveling to a foreign country, you may be faced with several challenges. Among these, you’ll be tasked to deal with the national currency before starting your trip. Not in all countries, such as in Europe, do the different countries use the same currency, the Euro. In Japan, you pay with the Japanese Yen . We’ll take a closer look at the currency today.

Japanese Currency: The Yen

In Japan, Yen has been used as the national currency since 1871 , which the Meiji government introduced based on the western model. The Japanese character for this is 円 (えん, pronounced “en” ), but ￥ is used internationally as a symbol.

The Yen exchange rate compared to the Euro and the (US) Dollar changes daily depending on the global financial market, but in recent years, it has mostly been around 125 – 130 Yen for 1 Euro and 100 – 105 Yen for 1 (US) Dollar.

What Are the Coins and Bills Used in Japan?

As in many other countries, coins and notes are used to pay in Japan. These have different colors, symbols, and embossing. There are six different coins and four different notes in use in Japan.

• The smallest coin is the 1 Yen coin . It is roughly comparable to 1 cent. This is made of aluminum and shows a young tree on the back and the Japanese characters for the country Japan, 日本国 (nihon koku).
• The 5 Yen coin has a hole in the middle and shows a sheaf of rice in the water. The value of the coin is shown with the kanji for 5 yen (五 円 goen ).
• The 10 Yen coin , made mostly of copper, shows the Phoenix Hall of the Byodoin temple in Uji city, Kyoto prefecture, on the reverse.
• The 50 Yen coin is slightly smaller than the 10 Yen coin and, like the 5 Yen coin, has a hole in the middle. On the back is a chrysanthemum, which is the national and imperial seal of Japan.
• The 100 Yen coin is comparable to the 1 Euro coin. The reverse shows cherry blossoms, which are symbolic of springtime in Japan.
• Finally, the 500 Yen coin is quite large compared to the other coins and is one of the two most valuable coins in circulation in the world. A paulownia (bluebell tree) is shown on the back.

• The 1,000 Yen note is the smallest means of payment. It shows the physician and biologist Noguchi Hideyo on the front and Mount Fuji with cherry blossoms on the back.
• The 2,000 Yen note is quite rare in Japan and is mainly issued by foreign banks. On it, you can see the Shureimon Gate of Shuri Castle on Okinawa as well as an excerpt from Genji Monogatari (源氏物語, “The Story of Prince Genji ”).
• On the 5,000 Yen note, you will find the writer Higuchi Ichiyō and an illustration of Japanese irises by the artist Ogata Kōrin .
• The note with the greatest value is the 10,000 yen note . It shows the writer and philosopher Fukuzawa Yukichi on the front and the phoenix of the Byodoin Temple on the back.

How to Exchange Foreign Currency and Withdraw Japanese Yen

If you travel to Japan, you’ll need to change your money, as you won’t be able to pay with the Euro or the Dollar in Japan. It is up to you whether you want to exchange your money at your local bank before you leave or after you arrive in Japan. However, it is advisable to always have some cash with you , as Japan has long been a cash-oriented society. There are exchange counters at international airports in Japan . You can change different currencies (you can also exchange the remaining Yen back to Euro or Dollar there before your return journey). But even in the larger metropolises’ inner cities, you can usually find exchange offices and machines at popular tourist locations.

An alternative to changing your own currency into Japanese is to withdraw Yen directly from Japan’s cash dispenser — an ATM — using a debit or credit card . This does not work at all cash machines, but the Japan Post Bank machines and 7-Eleven, in particular, accept foreign cards and can withdraw cash for a fee. Note that some machines are not in operation around the clock. You should clarify with your bank in advance whether this is possible with your bank card or not.

If you do not travel abroad often, it is advisable to let your bank know before you leave that you will be using your credit card in another country. Otherwise, the credit card provider might block the card due to suspicion of misuse.

The Mobal SIM Card is the only SIM card with a Japanese phone number — perfect if you need to stay in touch on short visits or for long-term visitors living, working, or studying in Japan. Mobal pocket wifi is also great if you’re traveling with family or a group!

The Change to Cashless Payment in Japan

Although Japan is known as the land of cash, recent years have been towards cashless payments. In many shops, supermarkets, and restaurants, you can now pay with the IC cards (Suica, Pasmo, etc.) that are normally used for trains. Payment apps such as PayPay , Line Pay ( Android / iOS ), and GooglePay ( Android / iOS ) are also becoming increasingly popular. The first shops now even only offer cashless payment.

Before you travel to Japan, you should think about how you want to change your money into Japanese Yen, because cash is required on-site in most cases. Then nothing stands in the way of your next Japan adventure!

Claudia Mitsubori

Grown up in the middle of Germany, I made several trips to Japan since 2010, did one year Working Holiday and started living in Western Tokyo since October 2016 with my Japanese husband and our cute cat. I love traveling, food (especially sweets), learning more about Japanese traditions, Japanese music and everything related to cats. I am looking forward to share my experiences with you!

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Cash In Japan: Everything You Need To Know

by Melissa Giroux | Last updated Dec 5, 2023 | Asia , Japan , Travel Tips

If you’re planning to travel to Japan, there’s one thing you should prepare for – money!

In this guide, we’ll explore all the topics related to money in Japan .

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We’ll talk about the currency, withdrawals and ATMs, money transfers in Japan, and some travel tips related to money.

Without further ado, let’s have a look at the Japanese currency.

Japanese Yen

The official currency in Japan is the Japanese Yen (JPY).

You’ll find banknotes and coins.

• 1000 (blue)
• 2000 (green)
• 5000 (purple)
• 10000 (brown)

As the currency exchange can fluctuate quickly, we recommend you keep a look at the latest rates before your trip and during your trip.

Planning your upcoming adventures? Travel by bus! (It's cheap!)

I usually take a screenshot of the latest rates the day before the trip so that I can have a quick look to get familiar with the conversion when I buy something or withdraw money.

Best Way To Get Cash In Japan

The best way to get Japanese Yen is to withdraw money in an ATM or exchange money before your trip/on arrival).

I personally use bank ATMs to withdraw cash in Japan as I’m not a big fan of exchanging money abroad, but some people prefer this, so we’ll make sure to cover each topic in this guide.

Withdrawing Cash In Japan

You can easily find ATMs in Japan, especially in bigger cities and tourist hotspots. You’ll find them at banks, convenience stores (like Seven-Eleven or Lawson), and airports.

Most ATMs accept debit/credit cards from all over the world. You should be able to withdraw JPY with no problem. I personally use Revolut in Japan to withdraw money.

How To Withdraw Money In Japan

Follow the steps below to withdraw cash in Japan:

• Find an ATM
• Insert your card
• Select your language
• Click on the option to make a withdrawal
• If you’re given an option for the exchange rate, select the option “Without Conversion”, as you’ll get a better exchange rate this way
• Accept the transaction fees (if any)
• Take your money and card

I personally use my Revolut card to withdraw money in Japan. Revolut is a great option for travelers as you can freeze and unfreeze your card. There are other advantages for travelers too. Learn more by reading our Revolut review .

Exchanging Money In Japan

Another way to get money in Japan is by exchanging currencies. You can find exchange offices in airports, major cities, or banks.

While some people prefer the convenience of changing money before their trip, it’s better to exchange money in Japan. The exchange rates you find in Japan are usually better.

Now, you may be wondering which currency to take to Japan. Think of the main currencies such as USD and EUR. However, you’ll only be able to use Japanese Yen (JPY) in Japan.

Payments In Japan

Cash in Japan is handy, and you should always have some in your pocket. For example, cash is useful to buy a train ticket. That said, many places accept payments with debit/credit cards.

Let’s take a look at the primary payment methods in Japan.

In some cases, you’ll have to pay with cash.

So, make sure to always have some Japanese Yens with you.

If you’re out of cash, you should be able to find ATMs easily, so you can always go withdraw money if needed.

Debit/Credit Cards

Although there are still some places where you can’t pay with cards, you’ll find that some restaurants and stores accept it. For example, modern restaurants, supermarkets, and malls accept payments by card.

When I pay with a card, I usually use my Revolut card .

In some shops, you can use the contactless method, but in some places, you’ll need to enter your PIN code.

Tipping In Japan

Tipping is not expected in Japan. However, some high-end restaurants may charge for service on the bill, or have a tipping box.

Japan Travel Money Tips

The best way to get Japanese Yens is to use an ATM to get cash or exchange currencies in Japan.

The best way to travel with money in Japan is by using a travel card like Revolut . This way, you can pay by card when you can or withdraw money easily.

Having a Japan SIM card to access the Internet in Japan can be handy if you want to see the currency exchange rates or find an ATM nearby.

When withdrawing larger sums, we recommend the following:

• Put your money somewhere safe (wallet or money belt ).
• Once you arrive at your accommodation , find a safe spot for your money. You don’t need to carry all your money at all times (unless you want to). If you stay in a hostel , make sure to keep your money hidden and locked in a locker. If you stay in a hotel, you can also hide and lock your money or simply put the “don’t disturb sign” on the door. As a result, you’ll get no cleaning and no strangers in your room.

How Much Money To Bring To Japan

It all depends on your travel style and budget. I always get money on arrival, so I don’t really “bring money to Japan”.

Although, if you wish to have money on arrival, you can exchange money before your trip.

Here are some pointers to keep in mind to figure out the right amount of money to bring to Japan:

• How long is your trip?
• Is your accommodation paid for, or will you need to pay on arrival?
• Are your tours and activities paid for, or will you need to pay on arrival?
• How are you planning on getting around Japan?
• What’s your budget for Japan?

Once you know the answers to these questions, you should be able to have a rough idea of how much money is needed in Japan.

Alternatively, you can withdraw cash on arrival instead of bringing money with you. ATMs in Japan are available in airports, and convenience stores. So, you’ll be able to get cash easily.

Japan Money Transfers

The best way to transfer money to Japan is with Wise .

It could take a few days, so make sure to send money ahead of time if required.

That said, it’s worth comparing your options to find the best currency exchange rate and transfer fees.

Let’s see why you may need to transfer money to Japan:

• Paying rent to the landlord
• Buying a property in Japan
• Payment of utility bills

Final Thoughts On Money In Japan

And that’s all you need to know about money in Japan!

Having a travel card from Revolut is the best way to manage your money. It’s easy to top up, gives you an excellent exchange rate, and you can use it to pay for things in Japan.

As you can see, having cash is still a must in Japan. Just make sure to be smart about it and pay attention to where you put your money.

Traveling soon? Read one of the following guides:

• Japan rail pass
• Is Hiroshima worth visiting
• Is Hakone worth visiting

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How to Get Japanese Yen in the USA Without Huge Fees

Jarrod Suda

A writer and editor at Monito, Jarrod is passionate about helping people apply today’s powerful finance technologies to their lives. He brings his background in international affairs and his experiences living in Japan to provide readers with comprehensive information that also acknowledges the local context.

Links on this page, including products and brands featured on ‘Sponsored’ content, may earn us an affiliate commission. This does not affect the opinions and recommendations of our editors.

Preparing for your travels to Japan? You may be wondering whether you should prepare some Japanese Yen in cash prior to your departure, or if its cheaper to simple use your cards in Japan after arrival.

In this guide, we will explore the best overall place to get Japanese Yen online in the USA, which is with a travel money card like Revolut or Wise . If you'd like to simply withdraw Japanese Yen in cash from an ATM in Japan, we will explain how to do so without incurring unnecessary fees.

We'll cover the costs, and the pros and cons, involved for each method. By understanding your options and their fees up front, you can enjoy the peace of mind that you're getting the best deal for your situation.

We highly recommend Revolut 's travel debit card to buy Japanese Yen in the USA cheaply. Revolut is a multi-currency account that allows you to hold and exchange US Dollars, Japanese Yen, and over 30 other foreign currencies at industry-low, transparent fees and exchange rates. Best of all, you can easily do this online or straight from the app!

The Best Places to Buy Japanese Yen in the USA

• 01. Japanese Yen travel money card scroll down
• 02. ATMs abroad via travel debit card scroll down
• 03. Online foreign currency exchange scroll down
• 04. Traditional banks scroll down
• 05. Money changer kiosks scroll down
• 06. Airport kiosks scroll down
• 07. Summary: Where to buy Japanese Yen in the USA scroll down

1. Japanese Yen Travel Money Card

Travel money cards are prepaid debit cards that let you hold the local currency of your destination (JPY) so that ATMs and point-of-sale devices treat you like a local card holder. Simply top up your card balance in US Dollars and convert those balances to Japanese Yen. Then use your card to pay with peace of mind like a local.

User-friendly fintech apps like Revolut and Wise far and away offer superior rates when compared to banks and bureau de change kiosks. Since you can download the apps and use their virtual cards directly onto your smartphone, we also consider them to be more convenient. Compare the in more detail with our in-depth prepaid travel card guide .

Revolut Account

Revolut charges no foreign transaction fees on the first $1,000 spent per month and no ATM fees on the first $1,000 per month, although fair use limits and weekend surcharges may apply. This ATM policy is far more generous than other competitors such as  Wise ,  Monzo , and  Monese . If you're in a rush, you'll still be able to access  Revolut's instant virtual card  from the app and add it Apple Pay, Google Pay, and other third-party digital wallets.

• Trust & Credibility 8.9
• Service & Quality 7.9
• Fees & Exchange Rates 8.3
• Customer Satisfaction 9.4

Wise Multi-Currency Account

Unlike banks, credit unions, airport kiosks, and  foreign ATMs , Wise is transparent about never charging a hidden exchange rate margin when you convert your dollars into euros (and 51 other currencies) with them. The live rate you see on Google or XE.com is the one you get with  Wise . Instead, they charge an industry-low commission fee, which ranges from 0.35% to 2.85%.

• Trust & Credibility 9.3
• Service & Quality 8.9
• Fees & Exchange Rates 7.6
• Customer Satisfaction 9.6

2. ATMs Abroad Using a Debit Card With No Foreign Transaction Fees

We recommend getting Japanese Yen in cash from ATMs with debit cards because credit cards with charge you cash advance fees and high APR on ATM withdrawals. Plus, debit cards will use exchange rates set by your card network (like Visa and Mastercard ), which are near the mid-market rate.

Foreign transaction fees are fixed percentage fees (usually around 2.5%) that card issuers will tack on to the purchase price. These fees pile up when you travel and spend internationally, which is why you should always travel with a card that waives foreign transaction fees .

Travel Tip: Read more about the 5 best debit cards that waives international transaction fees .

Always Pay in the Local Currency

• When the point-of-sale machine or ATM in Japan ask you to "Pay in JPY" or "Pay in USD", always opt to pay in the local currency: Pay in JPY.

Learn more about dynamic currency conversions .

3. Online Foreign Currency Exchange

Online foreign currency exchange services are convenient and can be reasonably priced if you order a few weeks in advance. Take note to not pay with a credit card because your card provider will treat it like a cash advance, which will incur fixed fees and APR costs. When you order Japanese Yen in cash online, foreign exchange service providers will charge you two kinds of fees:

• Exchange Rate Margin:  Providers apply an exchange rate that is poorer than the true  "mid-market" exchange rate . They keep the difference, called an  exchange rate margin .
• Commission Fee:  This  fee  is usually a percentage of the amount converted, which is charged for the service provided.

In-Person Cash Pick-Up

Most services allow you to visit a local branch in your neighborhood to pick up your cash. This is usually a no-cost service.

Home Delivery

For added convenience, you can pay a delivery fee to have the money sent to your designated address on a set date and time.

4. Traditional Banks

Despite commonly heard advice, banks and credit unions are outdated currency exchange providers. Many banks offer foreign exchange services online, but you may need to be a client of the bank. You can pay by cash, card, or with your existing account balances.

For illustration, we found that Bank of America was converting €1,000 EUR into $1010.60 USD even though the  mid-market exchange rate  was at €1,000 EUR = $1,063.60 USD*. That's a markup worth $53.

*Exchange rates recorded on 22 September 2023 12:55 CEST.

We generally recommend against getting Japanese Yen from your traditional bank or credit union.

5. Money Changer Kiosks

Money changers generally charge high exchange rate margins, like banks and online foreign exchange services. We tend to treat these providers in the same category as airport bureau de change. Even if they advertise "no commission," you will still incur the hidden cost of the exchange rate margin.

While these kiosks may be conveniently located in cities and tourist attractions, we recommend going to bank ATM instead, using a prepaid travel card or a debit card that waives foreign transaction fees .

6. Airport Bureau de Change Kiosks

While bureaux de change at airports in the USA may be convenient for last-second exchanges, they charge huge exchange rate margins and hefty commission fees. They should be avoided at all costs.

If you need cash for your trip to Japan, we recommend that you withdraw cash from an ATM abroad, using a prepaid travel card or a debit card that waives foreign transaction fees .

Summary: How to Get Japanese Yen in the USA

Each method to get Japanese Yen in the USA will have its conveniences and drawbacks depending on your situation.

Here is a summary of the best places to buy JPY with USD:

• Prepaid Travel Money Card: Compare the best travel money cards .
• ATM with Debit Card: The top 5 that waive foreign transaction fees .
• Online Foreign Currency Exchange Service: Learn about travel money .
• Traditional Banks: Explore bank currency exchange .
• Money Changer Kiosks: Find the best way to spend money abroad .
• Airport Bureau de Change: Use ATMs abroad as better alternatives .

Frequently Asked Questions About How to Get Japanese Yen in the USA

We generally only recommend getting Japanese Yen in the USA if you open a free multi-currency account from Revolut or Wise . If you want Japanese Yen while in Japan, then it is best to simply get cash from an ATM there.

You can use any of the 6 methods included in this article. We recommend travel money card, which let you hold JPY via a multi-currency account and spend them with a card.

Yes, you can exchange for Japanese Yen at a bank in the USA. However, it is generally expensive because they may charge commission fees and very high exchange rate margins.

• Open an account with Revolut or Wise ;
• Access your account online by desktop or by smartphone;
• Top up USD onto the multi-currency account;
• Convert the USD to JPY using their industry-low rates.

It depends on your method. If you want to get Japanese Yen in the USA, then we recommend you open an account with a multi-currency account like Revolut or Wise . If you want Japanese Yen while in Japan, then its best to get cash from an ATM.

Currency exchange rates are constantly in flux due to market fluctuations. This is why we recommend multi-currency account like Revolut or Wise . They have features that let you lock in a desired exchange rate, which will trigger a conversion if met by the mid-market rate.

Learn More About Where to Best Buy Foreign Currency in the USA

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe. Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Monito is trusted by 15+ million users across the globe.

Monito's experts spend hours researching and testing services so that you don't have to.

Our recommendations are always unbiased and independent.

Travel Budget

This page is meant to give you a rough idea of the cost of individual travel in Japan by introducing some sample budgets. Note that accommodation rates can increase during peak seasons in popular destinations which is not reflected by the numbers below. View also our pages about budget travel , package tours and suggested itineraries to see the sample budgets applied to specific itineraries.

Sample daily budgets

The numbers below do not include the cost for transportation and heightened accommodation rates during peak seasons. Click here for the current yen exchange rates.

Accommodation

Below are typical rates for accommodation outside the peak seasons . Rates can increase considerably during the peak seasons! Check our accommodation page for more information on different accommodation types and corresponding price ranges.

Low budget: 3,000 - 5,000 yen per night and person Dormitories and hostels , found in most cities of Japan, typically charge below 5000 yen per night and person. Furthermore, booking services like Hostelworld offer great deals.

Medium budget: 6,000 - 12,000 yen per single room and night 8,000 - 15,000 yen per double room and night At this level, you will find rooms in business hotels , minshuku and inexpensive, no-frills ryokan . Some tour packages (for individual travelers) include accommodation at quality Western-style hotels at this price level.

High budget: over 12,000 yen per single room and night over 15,000 yen per double room and night Starting around 12,000 yen per person, you can get rooms in better business hotels and inexpensive Western-style hotels. A stay at a ryokan with two meals included typically costs between 15,000 and 30,000 yen per person and night. For a room in a 4 or 5 star Western-style hotel, you typically pay from 25,000 to 50,000 yen per room and night.

Low budget: 500 yen per day At this level, you will have to live from convenience store food (bread, rice balls, etc.) and fast food restaurants like McDonald's or Mister Donut which offer inexpensive breakfasts.

Medium budget: 500 - 1000 yen per day Many coffee shops and some restaurants in shopping areas and around train stations offer breakfast sets for around 500 to 1000 yen.

High budget: above 1000 yen per day Hotel breakfasts and breakfast buffets will usually cost you more than 1000 yen. Breakfast buffets in first-class hotels typically cost at least 3000 yen.

Low budget: 500 - 800 yen per day Inexpensive lunch boxes are available in convenience stores and stands in railway stations and business districts. Various fast food restaurants , specializing in noodles, curry, domburi or hamburger, also offer relatively filling meals for 800 yen or less.

Medium budget: 800 - 1500 yen per day At this level you will have an even larger range of inexpensive restaurants such as the above mentioned fast food places, plus restaurants which offer lunch set specials for around 1000 yen.

High budget: above 1500 yen per day A lunch at better restaurants costs typically between 1500 and 3000 yen.

Low budget: 500 - 1000 yen per day Convenience stores sell various, inexpensive ready-to-eat meals. Other options are again cheap fast food restaurants .

Medium budget: 1000 - 2500 yen per day Conventional restaurants are generally more expensive in the evening than during lunch time, as there are no lunch specials. At this level, you will be able to enjoy a nice dinner at a wide range of fast food and conventional restaurants, including the restaurants found in department stores where meals typically cost between 1000 and 2500 yen, not including alcoholic drinks.

High budget: above 2500 yen per day With 3000 yen per person you will be able to have a good dinner at a wide range of restaurants . Calculate 5000 yen upwards per person for a dinner at upper class restaurants specializing in sushi , French cuisine, sukiyaki, kaiseki ryori, steaks, etc.

Sightseeing

Low budget: 0 - 500 yen per day Japan offers many free attractions. Most shrines and some temples do not charge admission fees. A few museums charge no admission on one day of the week or month.

Medium budget: 500 - 2000 yen per day Admission to famous temples costs between 300 and 1000 yen. Most museums and castles charge about 500-1500 yen per person.

High budget: above 2000 yen per day Some museums and attractions (usually outstanding ones or tourist traps) charge between 1,500 and 3,000 yen per person. Admission to large theme parks typically cost around 5,000-10,000 yen per day.

Transportation

Low budget: Highway buses , the Japan Bus Pass and the Seishun 18 Kippu (only available during certain times of the year) are among the cheapest ways of traveling in Japan.

All budgets: Travelers of all budgets should consider purchasing a rail pass . Over long distances, domestic flights are often more economical, if you take advantage of the various discount offers .

Questions? Ask in our forum .

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Compare Japanese yen travel money rates

Get the best Japanese yen exchange rate by comparing travel money deals from the UK's top foreign exchange providers

Best Japanese yen exchange rate

If you're travelling to Japan, it's important to shop around and compare currency suppliers to maximise your chances of getting a good deal. We can help you to find the best Japanese yen exchange rate by comparing a wide range of UK travel money suppliers who have Japanese yen in stock and ready to order online now. Our comparisons automatically factor in all costs and commission, so all you need to do is tell us how much you want to spend and we'll show you the top suppliers who fit the bill.

Compare before you buy

Some of the best travel money deals are only available when you buy online. By using a comparison site, you're more likely to see the full range of deals on offer and get the best rate.

Order online

Always place your order online, even if you plan to collect your currency in person. Most supermarkets and high street currency suppliers offer better exchange rates if you order online beforehand.

Combine orders

If you're travelling with others, consider placing one large currency order instead of buying individually. Many currency suppliers offer enhanced rates that improve as you order more.

The best Japanese yen exchange rate right now is 187.847 from Travel FX . This is based on a comparison of 18 currency suppliers and assumes you were buying £750 worth of Japanese yen for home delivery.

The best Japanese yen exchange rates are usually offered by online travel money companies who have lower operating costs than traditional 'bricks and mortar' stores, and can therefore offer better currency deals than their high street counterparts.

For supermarkets and companies who sell travel money online and on the high street, it's generally cheaper to place your order online and collect it from the store rather than turning up out of the blue and ordering over the counter. Many stores set their 'walk-in' exchange rates lower than their online rates because they can. By ordering online you're guaranteed to get the online rate and you can collect your order from the store as usual.

Japanese yen rate trend

Over the past 30 days, the Japanese yen rate is up 0.71% from 187.847 on 17 Mar to 189.181 today. This means one pound will buy more Japanese yen today than it would have a month ago. Right now, £750 is worth approximately ¥141,885.75 which is ¥1 more than you'd have got on 17 Mar.

These are the average Japanese yen rates taken from our panel of UK travel money providers at the end of each day. You can explore this further on our British pound to Japanese yen currency chart .

Timing is key if you want to maximise your Japanese yen, but the best time to buy will depend on the current market conditions and your personal travel plans.

If you have a fixed travel date, you should start to monitor the Japanese yen rates as soon as possible in the period leading up to your departure so that you've got time to buy when the rate is looking favourable. For example, if the Japanese yen rate has been steadily increasing over several weeks or months, it could be a good time to buy while the rate is high.

Some people prefer to buy half of their Japanese yen as soon as they've booked their holiday, and the remaining half just before they depart. This can be a good way of maximising your holiday money if the exchange rate continues to rise after you've bought, but will also help to minimise your losses if the rate drops.

You could also consider signing up to our newsletter and we'll email the latest rates to you each month.

If you need your Japanese yen sooner and don't have time to wait for the rates to improve, you can still save money by comparing rates from a range of different providers before you buy. Online travel money suppliers usually have better Japanese yen rates than high street exchanges, but supermarkets are a good compromise if you want to collect your currency in person and still get a decent rate. Just remember to buy or reserve your Japanese yen first before you collect them from the store so you benefit from the supplier's better online rate.

Japanese yen banknotes and coins

One Japanese yen (¥) can theoretically be subdivided into 100 sen or 1000 rin, although these denominations are no longer in circulation due to their low values and the smallest unit of currency you're likely to come across is the ¥1 coin.

There are three denominations of Japanese yen banknotes in frequent circulation: ¥1000, ¥5000 and ¥10000; and six coin denominations: ¥1, ¥5, ¥10, ¥50, ¥100 and ¥500.

Under Japanese law, merchants can refuse to accept coin payments where 21 or more coins are of the same denomination. This law was enacted out of consideration for the inconvenience caused to merchants by having to count all of the coins!

There's no evidence to suggest that you'll get a better deal if you buy your Japanese yen in Japan. While there may be better exchange rates available in some locations, your options for shopping around may be limited once you arrive, and there's no guarantee the exchange rates will be any better than they are in the UK.

Exchange rates aside, here are some other reasons to avoid buying your Japanese yen in Japan:

• You may have to pay commission or other hidden fees to a currency exchange that you wouldn't have paid in the UK
• Your bank may charge you a foreign transaction fee if you use it to buy Japanese yen when you're abroad
• It can be harder to spot scammers and fraudulent currency exchanges in Japan

Lastly, it can be handy to have some cash on you when you arrive at your destination so you can pay for any immediate expenses like food, transport and tips. You don't want to be searching for the nearest currency exchange when you've just landed and you're desperate for a cup of tea - or a cocktail!

Choosing the right payment method

Sending money to a company you might not have heard of before can be unsettling. We routinely check all the companies that feature in our comparisons to make sure they meet our strict listing criteria, but it's still worth knowing how your money is protected in the unlikely event a company goes bust and you don't receive your order.

Bank transfer

Your money is not protected if you pay by bank transfer. If the company goes bust and you've paid by bank transfer, it's unlikely you'll get your money back. For this reason, we recommend you pay by debit or credit card wherever possible because they offer more financial protection.

Debit cards are the most popular payment method and they offer some financial protection. If you pay by debit card and the company goes bust, you can instruct your bank to make a chargeback request to recover your money from the company's bank. This isn't a legal right, and a refund isn't guaranteed, but if you make a chargeback request your bank is obliged to try and recover your money.

Credit card

Credit cards offer full financial protection, and your money is protected by law under Section 75 of the Consumer Credit Act. Section 75 states that your card issuer must refund you in full if you don't receive your order. Be aware that many credit cards charge a cash advance fee (typically around 3%) for buying currency, so you may have to weigh up the benefits of full financial protection with the extra cost of using a credit card.

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