Japan's high-tech cash: New banknotes mark first design change in 20 years
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- Опубліковано 2 лип 2024
- Japan began circulating its first new banknotes in 20 years on Wednesday (Jul 3), featuring three-dimensional portraits of the founders of financial and female education institutions in an attempt to frustrate counterfeiters. The notes use printed patterns to generate holograms of the portraits facing different directions, depending on the angle of view, employing a technology that Japan's National Printing Bureau says is the world's first for paper money. CNA's Michiyo Ishida takes a look at how the new banknotes are being celebrated in Japan and the significance of cash in Japanese society.
Singapore Portrait Series banknotes has been in circulation since 1999, more than 25 years ago.
What about Philippine. PHONE cannot be used today .
Looks beautiful
..interesting, as most Currency notes printed by countries are using portraits of past or current Sovereigns or Heads of State or Government Officials etc. Japan Currency notes using just past prominent citizens instead.
There is a Japanese law that prohibits using political figures or rulers. So only citizens with outstanding contributions to the nation like in terms of economy, education, medicine, science, research, etc.
@@kageyamareijikun It is excellent ... it supports and demonstrates the maturity of the current state of Japan political system and the liberal thinking mind-set / outlook of majority of Japanese, it is something to be emulated.
Oh no! I still have the “old” Japanese yen (before this new notes) . So do I have to make a trip to Japan to use up these yen on hand ?
Why not try to exchange them into your local currency, when you are not travelling to Japan in the near future?
No fear, old genuine printed Yen Currency Notes from the Bank of Japan are still legal tender and can continue to be accepted in Japan as legal tender in shops etc. Same as old USDollar notes, which may be better sold as numismatic items fetching higher than its issued face value in USD.
@@natalian.1320 keep them, the Yen will strengthen again next year ... exchanging them to local currency would lose quite a bit in exchange rate. Unless, very sure no longer be interested to travel again to Japan in the coming next 3-5 years. In anycase, previous Yen notes issued by the Bank of Japan are still legal tender and will continue to remain so ...
@@natalian.1320 maybe ... but with the weak yen right now, there will be exchange loss. Anyway, Japan is just 4 hours away by plane, can make another trip there.
You can send them to me.
awesome makes the old ones more antique value 👍
💸
But will it make the Japanese currency more valuable? Or is it a distraction.
IN Japan,banknote designs change about every 20 years.
japan is a dinosaur of the 21 century, galapagos Islander.
Amazing
old notes are not valid..?
No fear, old genuine printed Yen Currency Notes from the Bank of Japan are still legal tender and can continue to be accepted in Japan as legal tender in shops etc. Same as old USDollar notes, which may be better sold as numismatic items fetching higher than its issued face value in USD.
Old notes can be given to me.
Those old bills are kept valid by law. (The exception was a period during WW2 when they were no longer usable).
Therefore, banknotes from 150 years ago can be used as is as face value.
@@toub8000series Thank you for reply..
Still using cash?
it's Japan after all you know...
@@kageyamareijikun
Cash is better though
I no longer use cash.
And you're helping the new dictatorship come inn. Once this is out ? All control of your life will be controlled and monitored.
Thats cos u a brokie
I still use it
I saw a new king Charles 20quid note yesterday....
Good. I hope to get some here in Japan one day, obviously from a travel agent.
@@QPRTokyo ????????
I saw a old king George vi note today
#60Ringgit & #600Ringgit!
Cash is an absolute necessity for Japan.
Without that little ol' lady counting her wad of millions of yen in ichi-man-en notes, how would anybody know they were on the subway, rather than in a noisy dream?
WION
The god is long day is money in bus sineas in store in the world i my name is felis
Not that high tech. 😂 They are not polymer. I have lived in Japan for 37 years. They have always been weak security wise. The drink vending machines are not so important because people use coins 99 percent of the time. When Tokyo has a major earthquake in the future it will definitely be better to have cash. 😀
This will dominate the US dollars
Improved toilet paper
..can you give them all to me. can i send you my address ?? and will donate them to charity !