| |
|
|
| |
Home
>
World
> East Asia
> Japan
|
Money
Note: Japan has a strong cash culture, and because of the low crime rate it is usual to see people carrying large amounts of cash with them. It is only recently that credit cards have begun to become more popular.
Currency: Japanese Yen (¥). Notes are in denominations of ¥10,000, 5000 2000 and 1000. Coins are in denominations of ¥500, 100, 50, 10, 5 and 1.
Currency exchange: All money must be exchanged at an authorised bank or money changer.
Credit & debit cards: Visa, Diners Club, American Express, MasterCard and other major credit cards are widely used. Check with your credit or debit card company for merchant acceptability. ATMs are widely available although many do not accept foreign credit or debit cards. They only operate during normal banking hours and weekend services can be restricted to Saturday morning. A wide selection of foreign credit and debit cards are accepted, however, at over 21,000 post office ATMs, which are generally open Mon-Fri 0700-2300, Sat-Sun 0900-1900. Citibank machines also accept foreign credit cards and are often open 24 hours.
Travellers cheques: These can be exchanged at most major banks, larger hotels and some duty-free shops. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in Japanese Yen or US dollars.
Currency restrictions: The import and export of local and foreign currency is unrestricted, subject to declaration of amounts equivalent to ¥1,000,000 or above.
Exchange rate indicators
The following figures are included as a guide to the movements of the Japanese Yen against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 181.92 | 181.90 | 193.96 | 188.94 | | $1.00= | 124.83 | 119.60 | 122.65 | 118.66 |
Banking hours: Mon-Fri 0900-1500.
Copyright © 2003 Columbus Publishing Ltd.
Terms and Conditions apply.
|
|
|
|
|
