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High-Tech Channel Hitachi High-Tech GLOBAL

Mystery of the origins of the name, “yen”

Symbol: \ / Base data: Currency.
The current Japanese currency was first used in 1871.

First used in 1871

The yen was first used in 1871. How it got the name “yen”, which means “circle” in Japanese, is actually a mystery. At a meeting to decide the new currency system, Shigenobu Okuma apparently said, “if you make a circle with your thumb and index finger, even a three-year-old child will know that it is money”, but it is unclear for certain whether this is true or not.