From July 3rd 2024, the Bank of Japan will be issuing new banknotes for the main denominations of 10,000 yen, 5,000 yen and 1,000 yen, a change announced back in 2023.
As well as new security features, like 3D holograms, intaglio printing and tactile marks, a new lineup of historical figures and national icons will be gracing the new designs—the first such redesign in 20 years.
For those travelling to Japan, it is important to note that current banknotes will continue to be legal tender. Existing banknotes you may hold or receive in Japan will continue to be accepted as normal.
Getting a grip on Japan's currency and the exchange rate (eg into dollars or pounds) is already one step to take when travelling to Japan, so we recommend familiarising yourself with the new banknote designs in advance. Read on to learn about each new design. We'll also be updating our guide to money in Japan in due course.
The new 10,000 yen banknote
The new 10,000 yen banknote features Eiichi Shibusawa on the front, and the Tokyo Station Marunouchi Building on the back:
Eiichi Shibusawa: considered the ‘father of capitalism’ in Japan and founder of a number of renowned companies, including Japan’s first national bank (and precursor to Mizuho Bank) — he replaces the educator, Fukuzawa Yukichi.
Tokyo Station Marunouchi Building: the red brick building that graces the west side of Tokyo Station is an iconic symbol of the capital, dating back to 1914 and a National Important Cultural Property since 2003.
The new 5,000 yen banknote
The new 5,000 yen banknote features Tsuda Umeko on the front, and wisteria flowers on the back:
Tsuda Umeko: a pioneer in women’s education during the Meiji era, who founded Tsuda University and became an advocate for women's English education.
Wisteria: the Japanese wisteria ('fuji') flower has been widely beloved across Japan since ancient times.
The new 1,000 yen banknote
The new 1,000 yen banknote features Kitasato Shibasaburō on the front, and The Great Wave off Kanagawa artwork on the back:
Kitasato Shibasaburō: a bacteriologist and pioneer in Japanese medicine, who conducted research into infectious diseases, like Bubonic plague or tetanus.
The Great Wave off Kanagawa: this famous ukiyo-e work by artist Katsushika Hokusai depicts Mount Fuji on the horizon.
