What is the currency of Japan?

The currency of Japan is the yen, which is represented by the symbol "¥" and is abbreviated as JPY in the foreign exchange markets. The yen is the official currency utilized for all transactions within Japan, playing a crucial role in the country’s economy. As a stable and widely traded currency, it is also commonly used in international trade. This unique position makes the yen essential not just within Japan but also in global financial markets, especially in Asia.

In contrast, the dollar refers to various currencies used in different countries, while the euro is the currency of the Eurozone, and the pound is primarily associated with the British currency. Each of these currencies serves a different country or group of countries, highlighting the yen’s distinct identity as Japan's official currency.