¥ YEN ¥

Japanese Yen is the 3rd most traded currency. The Bank of Japan (BOJ), Nippon Ginko, or Nichigin, established the Yen.  It is also a fiat money where the value is derived from government regulation, supply & demand, trade sentiment on the foreign exchange market, and financial stability based on employment situation, import/exports, and inflation/deflation.

Bank of Japan

Currently unrated