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Research draft

yen

vr.tr.yen · XCT.QTY

Let an agent handle the yen by denominations, exchange, payment practices and history, without financial or investment advice.

Thing Registry Cross-cutting context

Research draft, second pass

A second pass drafted this model: the structure a model of this thing needs, and what is known about it in the world. The line under this one says how the second half was obtained - researched against sources, or recalled without web access, in which case nothing here was read anywhere and every claim is a lead to verify. Unreviewed either way.

written by Claude from model knowledge without web access - no source was read, every claim is a lead to verify

Researched by: Claude

Purpose and description

Let an agent handle the yen by denominations, exchange, payment practices and history, without financial or investment advice.

The official currency of Japan (JPY), issued by the Bank of Japan as banknotes and by the Japanese government as coins; one of the most traded currencies in the world.

What it is for: Payments in Japan and international trade and finance.

It can be identify notes and coins; find official exchange rate references; understand payment practices in Japan; check security features of notes.

Distinguishing features

Currency of Japan

No subunit in everyday use

Widely traded

New note series issued in 2024

What it looks like

Banknotes of 1000, 2000, 5000 and 10000 yen; coins from 1 to 500 yen.

How it is recognised

Symbol and ISO code JPY

Bank of Japan notes

The Chinese yuan is a different currency with a related name

Related models

is a kind of - category

currency

is issued by - issuer

Bank of Japan

is used in - country

Japan

is related to - related currency names

yuan and won

In practice

Families and kinds

banknotes

coins

commemorative coins

historical series

Identifiers

ISO 4217 JPY (392) currency code

Standards and regulation

ISO 4217

Bank of Japan Act

Anti-money-laundering rules for exchange

Failure modes and hazards

Agents giving investment or trading advice

Outdated exchange rates

Counterfeit notes

Where this came from

wikidata · CC0 1.0

Also registered as vr.tr.yen

Drafted structure

Bundle to layer to finding to question, as the second pass will find it: 4 bundles · 8 layers · 8 findings · 16 questions.

Money Notes and coins.

Denominations identify.

Denominations

Notes and coins.

Denominations

Denominations.

  1. Which notes and coins are in circulation? provenance
  2. Who appears on the current notes? provenance

Security

Genuine notes.

Security

Security features.

  1. Which security features does the Bank of Japan describe? provenance
  2. What should someone do with a suspected counterfeit? action
Exchange Rates.

Rates change constantly.

Rate

Reference rates.

Rate

Exchange rate.

  1. What is the current reference rate, and from which official source? provenance
  2. When was it published? provenance

Fees

Costs.

Fees

Exchange costs.

  1. What fees or margins apply to exchanging money? measurement
  2. How can they be compared? action
Travel Paying in Japan.

Practices vary.

Payments

Cash and cards.

Payments

Payment practices.

  1. Which payment methods are widely accepted in Japan? provenance
  2. Where can foreign cards withdraw cash? provenance

Tipping

Customs.

Tipping

Customs.

  1. What customs apply to tipping and handling money in Japan? provenance
  2. Which sources describe them? provenance
Limits Advice.

No investment advice.

Advice

Trading.

Advice

Advice limit.

  1. Is the user asking whether to buy or sell yen? boundary
  2. How should they be referred to a licensed adviser? action

History

Currency history.

History

History.

  1. When was the yen introduced and how has it changed? provenance
  2. Which sources document it? provenance

What the second pass must settle

  • Should note series be separate entries?
  • How should exchange rates be sourced?
  • How should historical currencies be linked?