Thanks for introducing new Yen notes. I am from Japan but have lived in U.S.A. for over 50 years and didn’t know about new yen notes coming. I am planning for a trip to Japan in this fall and this will help me. I enjoy your videos.

One important thing: new currency rollouts normally happen over the course of several months (sometimes a few years if necessary). There is eventually a deadline after which you can no longer use or exchange them. You don’t have to do anything special or extraordinary; just spend/use them normally and the stores and banks will do the rest. If you are stuck with old notes (or coins if the case may be) you can exchange them for a specific time period at banks. The details will vary by country and currency but that is the basic process. I'm sure you can get the specifics online or at a bank. Finally, these rules and processes only apply to currency that is being pulled from circulation and being replaced or phased out.

There used to be €500 notes not many have ever seen which got discontinued by European Central Bank in 2016 because it was popular among criminals to launder cash.

I was wondering about this. Heard about it but though i just let me suprise myself when its out. Thanks door the info. That's what i like about this channel you cover these subjects.

V interesting. A lot of countries are doing this. In the uk, we had polymer plastic notes for last 20 years or so. They last longer and are difficult if not impossible to rip. So last longer, printing money costs money. Also governments are reducing amount of money in circulation. Forcing people into a cashless economy. For Japan this will be felt more than other countries . On the plus side, i love the ¥2000 note. Have to get one of those next trip to japan.

is Japan not introducing ¥2,000 or ¥20,000 bills? giving the declining yen value, ¥10,000 is now €58 approx. I thought maybe BoJ would include those, or ¥200 coins. And yeah, US bills are terrible but they are cool to have at the same time

I got 2000yen notes in Okinawa and kept them all :-) They are obviously well loved there for obvious reasons. Looking forward to these new ones. About Security with touch... I add digital visa cards and pay with my phones and watches... they add the security you need on top. Basically exactly works like the cards, though obviously it does not work with old devices that require you to insert the card.

I can't imagine the nightmare in using these since majority of vending machines especially those in ramen houses still haven't been upgraded or replaced, and not even yet for the new bi-metallic 500 yen coin released back in 2021.

Off topic but a video explaining addresses in Tokyo would be nice. What is Chome. Often building names are part of address. Without online maps it is hard to find my way at times.

Will the old bank notes be still legal to use? I still have some left from my last trip to Japan.

Thank you for the information. I will visit there this year in October October so excited.

@John Daub - I ordered 200k Yen from my bank last month to use for our September trip; will I still be able to use that? If not, which bank in Japan do you suggest I exchange the old notes? Thanks.

Best of Japanese Yen notes

Will the current bank notes still be usable alongside with the new bank notes?

I booked a trip to Japan for December just so I can use up the old Yen notes I still have. Another tip to get rid of old notes: Charge your Suica card up to the max 20,000 at JR and subway stations

@ John Daub. Could you please find out if I can exchange my "old" yen notes for new ones by taking them to a bank? Which bank? Are there forms to be filled out? Is there a fee to do this? Thank you.

I have 2000 yen notes from my 2018 trip and recently my USA bank also gave me 2000 yen notes for my Mar/Apr 2024 trip. A clerk refused to accept the 2000 yen note and fortunately my tour guide overheard the conversation and explained it is legitimate currency and had to defer to the supervisor. They accepted the bill but I foresee more problems as I still have this denomination. Don’t know when my next trip will be but my first stop might need to be the bank and exchange those bills. 🤷‍♀️

I go months in the UK using no cash. Everything is card or using your phone. Tube you just need a card with a chip and rarely are shops cash only.

This is basically in every news outlet in Japan.

I hate touch and pay and all other internet pay systems. I love cash. Always nice to see Japan being a cash society , I hate how we have turned into a cashless society.

Has the RV Gesara been announced in Japan yet it will soon be all Gold Backed.?

I wouldn't be surprised if people end up keeping and framing those Great Wave 1000 notes for cheap souvenirs, awesome design.

I still have the old notes before these notes they're getting rid of. I wonder if the old notes from 1980s and prior are worth more?

How expensive will it be to update all the vending machines (for the 1k)

How much does it cost to make those new holographic bank notes? Is that cost effective?

every time I buy yen in the UK, I get a tonne of 2000 yen notes, and I've always noticed a lot of fuss when I've paid with them

Very cool feature!..the British one's used to have a metal strip but now they have hollograms. Thing I don't like about our British currency 💵 it feels like plastic.

As a foreigner Can I go into any bank in Japan and exchange all old money? And is there a fee?

It should be noted that another security feature that these new banknotes have is in that "blank" area on either the front or back of the bills where the double Strike lines go through, will be "watermark images" which will reflect out a picture whenever the light hits the space from the correct direction for you to see the image. The tactile parts of the bill, is called Braille Type, and it tells blind persons exactly which denomination of banknote that they hold in their hands.

Im going to tokyo in october and already have exchanged my money. Will the old notes still be useable??

I’m planning a trip for this November & was planning on exchanging money with my bank here in 🇺🇸 before arriving in japan ..does it matter if I ask for ask my bank to try to get the new currency or just go with the flow as it doesn’t matter as the old currency will still be accepted in November?? I’m concerned about gachapon /capsule machines not accepting the older notes (these are my priorities! 😉)

I hope they honor the old ones. I just bought a bunch from the bank to use in my April 2025 trip.

I have never heard Shibasaburo's true intentions. I will not hesitate to use the old name this time, but he founded the Kitasato Institute and apparently infected 250,000 soldiers of the former army with Beri-Beri disease. Of those, 30,000 soldiers died. There has never been such a great result! I am impressed by Shibasaburo's achievements. He looks just like someone. That person is the face of the new banknote, which was introduced in the 6th year of Reiwa after the war. I'm a graduate of Tokyo University, so I laughed out loud at the funny stuff about Kitasato and the Ig Nobel Prize, but I honestly think I was making fun of Shibasaburo. The portrait on this new banknote must have been obese and on medication. Or it could simply be that they chose to use a portrait of him from when he was fat (how could that be!) on the new 1,000 yen bill. Thank you, Shibasaburo. I appreciate your achievement that you killed 30 thousand soldiers and injured 250 thousand soldiers in the old army. Thursday, July 18, 2024, 0735 JST. At Denny's. At Denny's. Thank you for the breakfast that was worthy of a first-class hotel. I feel like I've gone from being a monkey back into a human. To return to being a human, I need human-like time and places. 2024JULY18th Saturday 0735JST Japan Tokyo-to Machida Kanto-district.

As a OG Japan traveler , I want to be on one of those notes!

I don’t think us in the US has changed the faces on our money since the dawn of time, but I could be wrong. I got use to seeing the faces on the Japanese money. It’s almost like they’re friends, rather familiar faces. Whoever was on the ¥1000 bill, I thought was an attractive man. He will be missed. I liked the kanji (money worth) being large and almost centered. Now it won’t be like that anymore.

How long will it take for vending machines to catch up to the new bank notes?

How long will the old notes be accepted? I am coming in NOV and still have good amount of yen to go through.

How long would the old notes be legal circulation ?

Hi John, oh my! I have the notes from last year!

I got a bunch of those pesky 2k bills when I got my money exchanged for my next trip. I guess the banks here in the states love giving these out even when I specifically asked for large bills. I hate the looks I get when I use them in Japan, like you said. Can I just go to any Japanese bank and exchange all of my bills for new bills later in the fall as a foreigner?

The yen is getting worse now. 160 yen to 1 usd

Meanwhile America tried to get rid of cash during the pandemic

I actually like the new banknotes design. Since this is something new.

I’ve been waiting for over a year for the 1000 banknote with the tsunami 🌊 on it! Beautiful note with that famous Japanese art!

So they don’t use credit cards or electronic payments so much.

I still have 25000 yen left over from my trip last year AND coins... lots of coins, lol. I'll be back again next year.

At around 10 minutes into the video, why are you talking about presidents of US?? Aren’t these Japanese notes?

Are there coin collection shops in Japan?

We need at least a 50,000 note , 100,000 note

When the old notes will be out of circulation?

I remember surprising the restaurant staff with a 2000 yen bill.

the coin looks cool, Yamanashi , i watch yuru camp knew that right away blagagahaha

I want to visit Japan with the family for a month. Can you be my tour guy please 🙏

Yes, in the Netherlands we used have rough, elevated small rounds, to tell blind people what value the note has, f.i. 1 round for f 10,- banknote, 2 rounds for f 25,-. Nowadays the new Euro notes don't have that fascility anymore, but the notes are different in size.

No 2000yen update?

I hope ,old notes still are valid till the end of the year

Wow!!!! I want those just to have!

I just realized that i have 4 ¥2000 notes because I exchanged currency months ago in prep for a trip to Japan. . . The foreigner hating aunties and uncles are gonna despise me if I use these notes at any Mom&Pop type store, aren't they? . . . .

What about the yen coins- like the 100 and 500 coin?

A $500 US note is worth at least double that now even in poor condition.

would be weird to have US presidents on Japanese bank notes, even if they had impact on the development of modern Japan, would rather see notable people of Japanese History that made an impact, of which theres plenty to choose from ahh i think maybe there was a little bit of confusion on my part when you say "US" i was thinking "United States"

just got recommended a video with Kevin Riley. It's been a long while since i've seen him. Would be fun to see him sometime again =)

Canadian bills have had braille on them for the longest time.

Shuri Castle (首里城, Shuri-jō, Okinawan: Sui Ugusuku

Back when I left Japan in November of 2023. I forgot to spend the 1000 yen bill I had with me. Planning on using it when I return in spring of 2025. Guess now I can keep it as a collection now. That or bring it and the yen I still have with me and put it on to my ic card when I return.

I think i’ll probably withdraw money from ATMs in Japan. Save me the hassle of going to money changers. Easy peasy.

Oh, so I guess my collection of ¥2000 notes are actually become collectibles? Hopefully the currency exchanges are gonna have them for a while.

in the uk and i think alo canada the notes are made from a sort of plastic

By the time I come back, I'll be using the new currency....

So what happened when you already have the older money you have already to go back to Japan

They look nice! It kinda makes sense that the kanji and numbers switch places.

Rogue Wave of Kanagawa and 500Y coins are now my favorite currency in the world. And $100 USD lol 😊

Wow i was wondering why you didn't show the new notes but then it occured to me at 2:34 that they just look about the same. Guess i'm a bit spoiled as a Swiss citizen. 😂

This is gonna play havoc with all the vending machines

There's feature in my finance apps to instantly disable the card(s)

めっちゃ不評だよ！

Vending Machine Armageddon

No more 2000¥ ? 😢

I like the Indonesian Rupiah because the bills are colorful/color-coded for each amount so you know instantly which bill to pull out from your wallet when paying so it's quicker lol. I always have a hard time in the US or Japan when paying cash because i feel like i'm holding up the line (the bills and its colors all look so similar)

hope they release specimen notes with the actual security features working. at least as a tourist keepsake or a souvenir.

Imho Rogue Wave of Kanagawa should been 10000Y note.

I hade difficulty at a vending machine yesterday´. It wouldn't accept a 50 yen that looked old. It said 50 in kanji. So I know it is Japanese.

I had been holding on to my last 1000en note from when I spent a night near Narita 12 years ago. I swore it would be my first one spent when I travel to Japan for real. 12 years and 2 kids later, I'm glad it was the 1000 that bought my first machine drink that kept me from collapsing from sleepiness last week on my way to my first hotel in Tōkyō. I plan on keeping a brand new 1000en until I come back.

John, our Singapore dollars bills also have dots at the upper right corner to help the blind identify the different denominations.

I'll be going to Japan this November. Lucky, I have not change from my local currency to yen yet. 😅

$1600 for a $500 bill. Ironically, it's probably worth less in real terms than when it was printed. Certainly if you've held it all this time, you probably would have been better putting that money into anything else.

I still have a 500 Yen note as well.

amio khusi 5000, 10000 yen dekhe?

the way the yen is going against the aussie dollar they'll need to start printing larger denominations for us aussies to be able to exchange without needing a wheelbarrow...hahaha j/k ;)

Why are they thousand notes? Are other countries around Japan have similar note sizes? Not physical size monetary size thousand kind. As long as they've been allies of America why not go with ten twenty fifty yen nots and stop the thousand notes?

Australia had the braille on notes for ages i real that canada also did Japan is always very slow and late to update things they still use paper LOL. they even still use the FAX machines LOL

I told you a couple of months of ago that the yen will go up to 160 compared to the dollar and you were shocked.

👍🐸👍

Be aware small and local business and restaurants may not accept the older money, I had that issue when I had some bank notes from the 1990s and the family had dinner and no one had cash except me and they didn’t accept credit cards, the owner/chef used his own money to do an exchange great guy, but a little embarrassing and uncomfortable 😢

Won't fix the Yen 😂

Canada has had the imprint on their bills for years.

I brought back a 2000 yen note from my trip

A I technology

Is printing money a way that government keeps citizens poor as inflation makes paper money worth less by holding on to old & new bills ?

Waste of yen