Casinos supporting Japanese Yen Currency
The Yen is currently the official currency used in the country of Japan. With a symbol that resembles a capital "Y" with two lines through it, the Yen became the official money of the region in the early 1870s. Yen translates to "round object" in English, and the first version of the currency was a silver dollar coin. Now comprised of copper and nickel, the coin form of the Yen is still utilized today along with banknotes.
The United States and Japan have had a battle with the Yen since its inception. The Yen became devalued during the late 19th and early 20th centuries because they remained on the gold standard. Between 1941 and 1949, the period of World War Two and its aftermath, there was no currency exchange value between the U.S. Dollar and the Japanese Yen.
As of this writing, one Yen is equal to eight-four cents in U.S. currency. This ration is declined considerably since the years right after the Great Recession.