Many elements are able to represent the history and culture of the country. Historical monuments, food, clothing, physical characteristics, and social habits, following the idea that the people make the government. Now another notable element is the お金 local.
The choice of currency itself says a lot about a country's history, such as the events that led to its appointment as a government's monetary base, whether it replaced any previous currency, and even this exchange model was institutionalized by your country.
Feuds and historical issues between different countries are capable of interfering with the power of one currency over another, reflecting on their economies, their trade relations with other markets, among other topics.
Therefore, important matters for large companies and investors, which operate in the stock market and depend on the forecast on the economic situation of different countries and nations, can define a positive investment for your company or branch.
In addition to the giants, these economic transactions are also important for you end consumers, who browse international sites in search of the best price and discount.
The import of a dress from China or the purchase of parts for an industrial mixer from your supplier in Europe depends on the relationship between the Brazilian currency and the money used in those locations, which can increase or decrease the cost of this acquisition.
Following the changes in history, new coins emerge, replacing outdated models, as well as others remain strong, seeking to represent the legacy and prestige of this money with the traditional and cultural heritage of a country.
It is a contrasting relationship that can be seen between the moeda brasileira e a japonesa. While the Real has been in circulation for less than 30 years, being adopted to stabilize the Brazilian economy during the inflation period, the Iene is a little older.
A distance greater than a century separates them in this case.
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The history of the Japanese currency
After the large circulation of silver coins in Southeast Asia, resulting from the flow between trades, using the so-called Spanish dollar, the Japanese government decided to establish its own currency, the Yen.
Adopted in 1871, with a name that symbolizes a round object, the coin has undergone transformations in of materials and design, but in a general context, the same money used in transactions during the war period is used today.
Both in negotiations within the electronics sector, which has become one of the largest markets in the country, and in the importation of gluten-free products used in Japanese cuisine.
Currently, the Japanese monetary system works with notes and coins, which use lower cost materials compared to their original manufacture. If before yen coins were made of silver, today, the base material of this production is aluminum.
The only exception ends up being the commemorative coins, like those produced for the 東京オリンピック, which featured silver and gold decorations. Using less valuable materials helps with the inventory and cash management of the economy as a whole.
Currently, the cells in circulation in the country are 1,000, 2,000, 5,000 and 10,000 yen, which adopt the symbol (¥). The 2000 yen banknotes, launched in July 2000, deviate from this traditional pattern, and therefore are almost not found, being denied in stores.
The banknotes bring unique features, such as strategies to prevent the circulation of counterfeit banknotes between Japanese markets.
Some of these aspects are:
- Embossed printing, to hinder copies;
- Holograms that change according to the angle;
- Hidden images, which also appear at certain angles;
- Microprint of the name of the Bank of Japan.
Even with its evolutions, Japanese money still reflects the traditional legacy of the Japanese people, which is reflected in the relationship that the population has with the local financial system.
Japanese financial education
There is much discussion today about the need for financial education in schools, teaching the population from a young age how to manage their finances and savings, as well as recognizing the importance of consultoria contábil for their business.
From the youngest to the oldest, knowing in depth about economics techniques and financial strategies can change a person's life, ensuring a greater probability of success for their projects.
Both about those looking to open a business, and those looking to save their salary, to make a family trip during the children's vacation period. The little ones also want to see their allowance pay off.
Japanese people are already used to this kind of discipline, which naturally carries over into the way they handle money. And all this determination is realized through a small object, known as a kakebo.
The kakebo, whose name translates to something like an book for home economics, has a clear function, like the one described by its title, acting as a sort of financial agenda.
With an origin dating back to 1904, it is believed that the conception of kakebo was by Hani Motoko, considered the first female journalist in Japan. The intention of this agenda was to help wives manage the family economy.
Especially those who lost their husbands in the war, and now have to take care of their families. Seen as a revolutionary tool, for inducing these women's freedom and responsibility with money, kakebo is now common in the country.
Like a notebook, it is possible to write down a family's expenses, as well as the importance of each of these expenses, allowing the owner of the small book to better manage their expenses and needs.
If companies are looking for “terceirização gestão financeira” on the internet to find the best company to carry out this type of work, in Japan, this type of management is ed on to everyone through local culture.
In view of this, the paper agenda was replaced by applications and computer programs when adapting to current technological means, but its financial aid function remains the same.
This relationship of respect with the Japanese monetary system even happens through its link with local banknotes.
Fun facts about Japanese money
Physical money is facing strong competition from digital transactions, causing a 給与計算のアドバイザリー to perform its services without even using a single sheet of paper, dealing only with a computerized system.
However, banknotes are still responsible for a large part of the circulation of money in the world, and in Japan this role has greater care in relation to other parts of the world.
In the country, the circulation of banknotes is produced and controlled by Nippon Ginko, the Bank of Japan. Located in the Nihombashi business district of Chūō, Tokyo, this financial institution works with a frequent renewal of this money.
In Japan, damaged banknotes are ed back to the bank through commercial organizations. In this way, these banknotes undergo a recycling process, resulting in products such as:
- Housing materials;
- Solid fuel;
- Office supplies;
- Toilet paper.
When the banknotes are heavily damaged, they are sent for incineration. This means that a farmer seeking 信用農業, after having the business approved, receives a brand new set of notes to put into circulation.
Also because a ¥10,000 note lasts about 4 to 5 years, as well as notes of smaller value perish in a shorter period of 1 to 2 years.
In addition to commercial institutions, the exchange of old banknotes can also be done by the population. The exchange value, however, is equivalent to the quality of the banknote, and can be a full value, half or no realization, if the note is badly damaged.
Another curiosity is that the production of the yen costs more than one yen per unit, but because it is a large-scale production, costs end up being reduced in relation to large quantities.
The yen is a currency of long circulation, in addition to being a currency of great influence in the world, being even a reference currency for the economy of other Asian countries, such as Vietnam, Laos and Cambodia.
After becoming a major exporter of technology, the yen has also begun to receive attention for those working with the import of electronic devices, thus becoming an important currency for those involved in property security in this sector.
Therefore, it is for reasons like these that the yen remains one of the most traditional currencies in the world, as it represents an economy that, like its people, adapts to new historical events, without ever leaving its traditional past aside.
