Japan currency guide: Understanding the Japanese yen (JPY)

Planning a trip to Japan? Whether you are heading to Tokyo, Kyoto, or visiting family and friends, you will likely need to understand the local Japan currency: the Japanese yen (JPY).

Understanding how the yen works, where to exchange money, and how to pay while travelling can help you avoid unnecessary fees and get more value from your money.

This guide covers everything you need to know about Japan's currency, including practical exchange tips and how to spend with confidence while you are there.

Need to check the latest USD to JPY rate? Before exchanging money, compare the current exchange rate and see how much your dollars could be worth in Japanese yen with Revolut's USD to JPY currency converter.

What currency is used in Japan?

The official currency of Japan is the Japanese yen (JPY). It is issued and regulated by the Bank of Japan, the country's central bank.

The yen is represented by the ¥ symbol, which is placed before the amount. You will often see the currency code JPY or the local character 円 used when exchanging money or making international payments.

Unlike many other major currencies, the yen does not have active minor units like cents in everyday circulation.

Common denominations include:

5 tips for exchanging US dollars to Japanese yen

Here are five practical tips before converting USD to JPY.

1. Check the exchange rate before you travel

Exchange rates move constantly, so check the current USD to JPY rate before exchanging money. Compare rates from banks, exchange providers, and digital financial services. Look beyond the headline rate and check for hidden markups or service fees.

2. Avoid exchanging money at airports

Airport exchange counters are convenient, but they are often among the most expensive options. Find better rates through local banks, ATMs, or digital banking solutions once you arrive in Japan.

3. Pay in yen whenever possible

When paying by card or withdrawing cash, you may be asked whether you would like to pay in US dollars or Japanese yen. Always choose Japanese yen — doing so helps you avoid the unfavorable conversion rates applied by merchants or ATM operators.

4. Watch out for extra fees

The exchange rate is only part of the cost. Before exchanging money or using your card abroad, check for:

• Foreign transaction fees
• ATM withdrawal fees
• Currency conversion markups
• Service or commission charges

Understanding the full cost means no surprises.

5. Use trusted providers for currency exchange

Whether you are exchanging cash, transferring money internationally, or spending abroad, use reputable financial providers. Look for transparent pricing, secure transactions, and clear exchange rate information so you know exactly what you are paying.

Sending money to family or friends in Japan? Instead of carrying large amounts of cash, explore ways to send money to Japan securely, and track your transfers directly from the Revolut app.

Using money in Japan

While Japan is highly advanced, it remains a relatively cash-centric society compared to other developed economies. Credit and debit cards are widely accepted in major hotels, department stores, and train stations, but cash is still preferred for local temple fees, traditional market stalls, small restaurants, and vending machines.

While some large establishments might accept credit payments, keeping a steady cash reserve in yen remains the most straightforward and economical option.

Can you use US dollars in Japan?

No, US dollars are not accepted for everyday transactions in Japan. Local merchants, restaurants, public transport, and sightseeing spots will strictly only accept Japanese yen (JPY).

For everyday purchases, paying in the local currency is the only way to transact and will save you money on merchant conversion fees.

Can you use a Revolut card in Japan?

Rather than carrying large amounts of cash or relying on merchant exchange rates, use a Revolut prepaid travel card to manage your spending throughout your trip.

With a physical or virtual card on your phone, you can convert your funds into Japanese yen (JPY) before you travel and pay by card wherever it is accepted. You can also track your spending in real-time through the app, helping you stay on top of your travel budget.

And when you need cash, withdraw yen from ATMs across Japan — giving you the flexibility to pay the way you want throughout your trip.

Where can I get Japanese yen?

You can obtain Japanese yen through:

• Local banks
• Currency exchange offices
• ATMs in Japan
• International money services
• Digital banking apps with foreign exchange features

Before travelling, compare rates and fees to find the most cost-effective option for your needs.

Manage your money in Japan with Revolut

Whether you are travelling, sending money abroad, or managing multiple currencies, Revolut helps you spend internationally with greater transparency. With the Revolut app, you can:

• Exchange currencies: convert your money into Japanese yen (JPY) in seconds¹
• Track live market rates: monitor real-time exchange rates directly in the app
• Spend like a local: spend abroad with your Revolut card
• Withdraw cash: get no Revolut fee ATM withdrawals, up to $1,200 per month, for paid plans (Metal, Premium)²
• Send money globally: transfer funds internationally with clear, upfront fees.¹
• Budget on the go: track your spending in real-time and stay on top of every transaction.

Make your money more secure and spend with total confidence on your next trip to Japan.

¹Exchange and global transfer fees, fair usage limits, and Terms and Conditions apply.

²No ATM withdrawal fees within plan limits on a monthly basis. Out-of-network ATM withdrawals are subject to a 2% fee for Standard customers, and a 2% fee for Premium and Metal customers once their plan limits are exceeded. Third-party providers may charge a withdrawal fee. Currency and ATM fair-usage fees apply. Weekend markups on currency exchange will apply.