100,000 Yen: A Brief Overview
What is 100,000 Yen?
100,000 yen is a denomination of Japanese currency, equivalent to approximately $900 USD or €800 EUR. It is one of the highest denomination banknotes currently in circulation in Japan.
Design and Features
The 100,000 yen banknote features a portrait of Yukichi Fukuzawa, a Japanese author, philosopher, and politician who was one of the founders of Keio University. The banknote also features an image of the Houou (phoenix), a mythical bird in Japanese culture.
The banknote is printed on high-quality paper with advanced security features to prevent counterfeiting. These features include watermarks, holograms, and microprinting.
Use and Circulation
The 100,000 yen banknote is not commonly used in everyday transactions in Japan due to its high value. It is primarily used for large transactions, such as real estate deals or business transactions.
History
The 100,000 yen banknote was first introduced in 1953, and has undergone several design changes since then. The current design was introduced in 2004.
Interesting Facts
- The 100,000 yen banknote is one of the highest denomination banknotes in the world.
- Due to its high value, the banknote is often given as a gift during special occasions, such as weddings or graduations.
- The 100,000 yen banknote is rarely used in ATMs, and is often only dispensed at special request.
Conclusion
The 100,000 yen banknote is a unique and valuable piece of Japanese currency. Its high value and limited circulation make it a rare and sought-after item among collectors and enthusiasts.
