In July 2024, Japan will introduce new banknotes with improved design and security features. If you are traveling to Japan, here’s what you need to know about the new currency.
Why is Japan Changing Its Banknotes?
Japan updates its banknotes every 20 years to prevent counterfeiting and improve usability. The new notes will feature modern technology and universal design to make them easier to use for everyone, including visually impaired people.
Main Features of the New Banknotes
- Advanced Security Features – The new notes use anti-counterfeit technology, including high-quality holograms.
- Improved Universal Design – The new design makes the notes easier to recognize and use.
- Updated Holograms – The shape and style of the holograms have changed to enhance security.
- New Identification Marks – Authorities have updated the shape and placement of tactile marks for visually impaired people.
- Larger Numbers – The denomination numbers are bigger for better visibility.
Can You Still Use Old Banknotes?
Yes! Even after the new banknotes are introduced, older Japanese banknotes will remain valid. You do not need to exchange them.
When you exchange money at the airport, you might get both new and old banknotes. Don’t worry—they are both valid and can be used without any problems!
Be Careful of Scams
Some scammers may falsely claim that old banknotes are no longer usable to trick people into giving them money. Be careful and remember that you can continue using old banknotes as usual.
Where to See Japan’s Banknotes?
If you are interested in Japanese currency, visit the National Printing Bureau in Tokyo. The facility offers exhibitions on banknote history and printing technology.
Why This is Interesting for Travelers
- Easy to Use: The improved design helps everyone, including travelers, quickly identify different bills. Before, the denomination was written in kanji, but now the new banknotes have large numbers in the center, making them easier to read.
- High Security: Japan’s banknotes use cutting-edge anti-counterfeit technology.
- Cultural Experience: Each note features famous Japanese figures and landmarks, reflecting Japan’s history and culture.
What About Coins?
Japan’s currency includes six types of coins: 1 yen, 5 yen, 10 yen, 50 yen, 100 yen, and 500 yen. These coins remain unchanged, and you can use them as usual throughout Japan.
Vending machines for drinks and other items in Japan accept 500 yen, 100 yen, 50 yen, and 10 yen coins. However, 5 yen and 1 yen coins are not accepted.
Get Yen at the Best Rate & Avoid ATM Fees in Japan!
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FAQ
Yes, you can still use old banknotes without any problems. They will remain valid.
New banknotes have larger numbers, updated holograms, and different tactile marks.
Do not believe them! It may be a scam. Old banknotes remain valid in Japan. However, some vending machines may not accept the new banknotes yet. If this happens, please ask a staff member for assistance.