Gov. Kazuo Ueda expressed hope that the new bills would serve as a symbol of Japan's commitment to maintaining cash as a reliable means of payment while moving towards digital transactions.
Japan debuted new ¥10,000, ¥5,ooo and ¥1,ooo banknotes on July 3, 2024.
The new banknotes feature anti-counterfeiting technology and honor influential figures in Japan's cultural and scientific landscape.
Japan Debuts New Banknotes Featuring Historical Figures and Anti-Counterfeiting Technology
Japan made history on July 3, 2024, by releasing new ¥10,000, ¥5,00o and ¥1,ooo banknotes into circulation. The redesigned bills incorporate the latest anti-counterfeiting technology and honor influential figures in Japan's cultural and scientific landscape.
The new banknotes are a significant step forward for Japan as it moves towards digital transactions while maintaining cash as a reliable means of payment. Gov. Kazuo Ueda, of the Bank of Japan, expressed his hope that the new bills would serve as a
Japan's newest yen notes are sourced from Nepali mountains.
Nepal's paperbush crop has become the main source of the yen bill.
Kanpou, the company that produces paper for the Japanese government, first went to Nepal through a charity program in the 1990s.
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The article contains an appeal to authority fallacy when Tadashi Matsubara states 'Without Nepal, Japan would not function.' This statement is an overgeneralization and an exaggeration. While Nepal does provide a significant amount of paper for Japan's currency, it is not accurate to say that without Nepal, Japan would not function. The article also contains some inflammatory rhetoric when describing the Himalayan mountains as 'craggy' and the hillsides as 'erupting in yellow.' These descriptions are unnecessary and do not add any value to the article.
Japan is issuing redesigned ¥10,000, ¥5,000 and ¥1,ooo banknotes featuring historical figures and the latest anti-counterfeit technologies.
Eiichi Shibusawa, a key figure in introducing modern capitalism to Japan, is featured on the new ¥10,ooo note.
Umeko Tsuda, an educator and one of the first Japanese women to study overseas, is featured on the new ¥5,ooo note.
Shibasaburo Kitasato, a bacteriologist who co-discovered an antitoxin against diphtheria, is featured on the redesigned ¥1,ooo note.
The back of the new notes feature Tokyo Station’s Marunouchi Building, Japanese wisteria flowers and Katsushika Hokusai’s iconic ‘The Great Wave off Kanagawa.’
