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The 500 yen coin was first minted in 1982 as another coin denomination was needed for use in vending machines. [2] The obverse of the cupronickel based 500 yen coin features a paulownia crest, while the reverse is designed with bamboo and Tachibana.
When MacArthur and the US forces entered Japan in 1945, they decreed an official conversion rate of 15 yen to the USD. Within 1945–1946: the rate tanked to 50 yen to the USD because of the ongoing inflation. During the first half of 1946, the rate fluctuated to 66 yen to the USD and eventually plummeting to 600 yen to the dollar by 1947 ...
The Japanese Proof Set (プルーフセット), commonly known as the Proof Set in the United States, is a set of proof coins sold by the Japan Mint.These sets were first issued in 1987 (Shōwa 62) as "regular proof sets" consisting of denominations of 500, 100, 50, 10, 5, and 1 yen (666 yen total).
The Japanese yen weakened against the dollar, which was trading at 158.19 yen, up from 158.06. ... On Tuesday, the S&P 500 fell 1.1% to 5,909.03 after giving up an early gain. The Dow Jones ...
The dollar slid against a host of European and Asian currencies, losing 0.6% against the euro to $1.090. It also tracked down 0.6% against the Japanese yen to 152.11 and 0.5% against China's yuan ...
Nasdaq futures fell 0.9% while S&P 500 futures eased 0.6%. ... The dollar has gained for five days on the yen, and was up another 0.6% to 155.27 , the highest level since July.
The 500 yen coin (五百円硬貨, Gohyaku-en kōka) is a denomination of the Japanese yen. In addition to being used as circulating currency, this denomination has also been used to make commemorative coins struck by the Japan Mint. These coins are intended for collectors only and were never issued for circulation.
The dollar was up 0.25% against the Japanese yen at 153.03 yen. It has risen around 1.7% this week as markets scaled back the chance of a rate hike from the Bank of Japan next week to just 22%.