Yen

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/yen

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the ISO 4217 code?JPY
2. What is the Japanese Yen?The Yen is Japan's money that people use to buy things and travel. It is also one of the most traded currencies in the world.
3. When did Japan start using the Yen?Japan began using the Yen in 1871, during the Meiji Restoration. It replaced many different coins with a single, decimal currency.

Meiji Restoration: A period of rapid political and social change in Japan that restored imperial rule and modernized the nation.
Bretton Woods System: An international monetary system established after World War II that pegged currencies to the US Dollar, which was convertible to gold.
Quantitative Easing: A monetary policy where a central bank injects money into the economy by buying assets.