Yen: meaning, definitions and examples

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yen

 

[ jษ›n ]

Noun
Context #1 | Noun

currency unit

Yen is the official currency of Japan, symbolized by ยฅ. It is one of the most traded currencies in the world, and its value is often affected by Japan's economic conditions. The yen is subdivided into 100 sen, although sen are rarely used. This currency plays a critical role in international finance and is frequently used as a reserve currency by other nations.

Examples of usage

  • The price of the car is 2 million yen.
  • Exchange your dollars for yen at the bank.
  • The yen has strengthened against the dollar recently.
Context #2 | Noun

historical usage

The term 'yen' is derived from the Japanese word 'en', which means 'circle' or 'round object'. This is because early coins used in Japan were circular in shape. The government introduced the yen in 1871, replacing the previous complex monetary system, and it has since evolved with the economy, influencing global markets.

Examples of usage

  • During the Meiji Restoration, the yen was established.
  • The yen's design has changed over the decades.
  • Yen notes are recognized worldwide.

Translations

Translations of the word "yen" in other languages:

๐Ÿ‡ต๐Ÿ‡น ien

๐Ÿ‡ฎ๐Ÿ‡ณ เคฏเฅ‡เคจ

๐Ÿ‡ฉ๐Ÿ‡ช Yen

๐Ÿ‡ฎ๐Ÿ‡ฉ yen

๐Ÿ‡บ๐Ÿ‡ฆ ั”ะฝ

๐Ÿ‡ต๐Ÿ‡ฑ jen

๐Ÿ‡ฏ๐Ÿ‡ต ๅ††

๐Ÿ‡ซ๐Ÿ‡ท yen

๐Ÿ‡ช๐Ÿ‡ธ yen

๐Ÿ‡น๐Ÿ‡ท yen

๐Ÿ‡ฐ๐Ÿ‡ท ์—”

๐Ÿ‡ธ๐Ÿ‡ฆ ูŠู†

๐Ÿ‡จ๐Ÿ‡ฟ jen

๐Ÿ‡ธ๐Ÿ‡ฐ jen

๐Ÿ‡จ๐Ÿ‡ณ ๆ—ฅๅ…ƒ

๐Ÿ‡ธ๐Ÿ‡ฎ jen

๐Ÿ‡ฎ๐Ÿ‡ธ yen

๐Ÿ‡ฐ๐Ÿ‡ฟ ะนะตะฝ

๐Ÿ‡ฌ๐Ÿ‡ช แƒ˜แƒ”แƒœแƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ yen

๐Ÿ‡ฒ๐Ÿ‡ฝ yen

Etymology

The yen was officially adopted as the currency of Japan under the Currency Act of 1871, during the Meiji era, a significant period of modernization and Westernization. The introduction of the yen aimed to simplify the monetary system, moving away from complex provincial currencies and rice-based measures. The term 'yen' is derived from the Japanese word 'en', meaning 'round object', which reflects the shape of the coins used initially. The Bank of Japan was established to issue and manage the currency, ensuring stability and public confidence. Throughout the 20th century, the yen faced various challenges due to wars, economic crises, and changes in government policy. However, it has emerged as one of the world's leading currencies, being a key player in global finance. The yen is notable for its role as a reserve currency, which means it is held in significant quantities by governments and institutions as part of their foreign exchange reserves. Its fluctuations against other currencies are closely monitored by international investors and traders.

Word Frequency Rank

Ranked #10,563, this word falls into high-advanced vocabulary. It appears less frequently but is valuable for expressing precise meanings in specific contexts.