Your reaction to the old and new notes are so funny. When we changed our Malaysian note design, it takes about 10 years to phase out the old notes. You cannot remove the old notes from circulation immediately.
Just came back from my trip earlier this month and majority of the businesses used the old notes and I didn’t see very much of the new notes, if at all. One time I did get change and got the new notes but I used it and didn’t see it again. I should’ve kept it but many places were using the old notes. I had tons of the 2000 notes but I used them to recharge my IC card in Tokyo and Osaka. You can’t recharge your IC cards with 2000 notes in Kyoto though…
Thanks for covering this topic. It’s good to know the older 1000 yen notes I have are still legal tender. I’m giving them to a friend who is traveling to Japan soon. ❤
I'm moving to Japan in March...and have a couple hundred thousand yen in cash I plan on taking with me....thanks for covering this! The bank here in America gave me all old (pre-july 2024) bills.
"You may bring Japanese yen from your country and there is no upper limit on the amount you are allowed to bring into Japan. If the amount exceeds 1,000,000 yen, you must complete a customs declaration."
On the old swedish 20 SEK banknote on one side is Nils Holgerson riding on the duck on the other side is Selma Lagerlöf (on the new one is Astrid Lindgren with Pippi Longstocking on the same side) Just as a fun fact.
totally correct about really experiencing travel without capturing everything on camera. My best memories are from travelling and working all over the world, and all back in the day when smart phones didnt exist. It depresses me to see people living their lives through a smart phone. Unable to walk or stand still without pulling a ridiculous vain pose.
In 2017, I used a 1000 yen bill, that I had from the 1980's, at a restaurant in Akihabara UDX. After 5 minutes asking other employees, the cashier accepted the bill.
. Thanks for the update. I have 1K yen notes, from my 2018 trip to Japan. I'm planning to use them on my next trip to Japan. Hopefully, this will be next year.
@@Jamess_z33 So you must live in Japan. Because Tourists do not have japanese bank accounts and must exchange foreign currency into yen. usually there is a fee for that if using an airport exchange machine. But i get it, you have a japanese bank account and earn yen.
Changed over some money this morning for my trip next week. Currency exchange place gave me new 1,000 & 10,000 yen notes, but the 5,000 yen notes they gave me were old ones. I didn't get any 2,000 yen notes this time sadly. Always thought it interesting that the 2,000 note is so rare & sought after, the $20 note here in Australia is a very common note.
When my friends and I went to Karuizawa recently, we exchanged some ¥1,000 notes for ¥100 coins to use the lockers at the station, but the exchange machines only took the old notes and rejected the new ones.
We were in Japan last month and had the interesting issue with older ramen shop machines, as many of them would not recognize the new bills and many shops had to exchange the new ones for old ones to get it to work.
I had a lot of problems with the new bank notes in Osaka a few weeks ago at vending machines / restaurant ticket machines. So I promptly got rid of the new notes as quickly as I could. I spend most of my time outside of Tokyo when I’m in Japan. I found every time I used Konbini ATM to pull out cash last trip a few weeks ago in all cities - I got a split of new and old notes. I usually pull out 10 x 1000 option when I use the ATM.
Mr John, I believe I commented in that video you spoke about the yen trending back to strength and below 140 that it wasn’t going to hold up. The Japanese economy is the same all things considered and the reason the value went up was because the government infused billions in cash in June. That’s just a small bandaid solution that doesn’t address the real reasons the exchange rate is the way it is. Even the politics now will not reverse the trend and take it back to the strength it had when I lived there 9 yrs ago, let alone to the 78¥ it was when I was a student there back in 2010. Stay strong sir and hope to run into you in Tokyo over the next couple weeks!
Some ramen shop machines still don't take the new notes, but in my experience, the vendors are aware and keep old notes to swap with you so you can use the machine as usual.
Headed home after 2 weeks, but I'm surprised I only spent ¥2000 in cash throughout this trip. The rest of it was digital IC, which is my first time using it. Digital IC is so convenient to reload and use. There's recently some concerning news about IC cards, but I hope they're around for years to come.
I did have an issue at an eatery in Akihabara. The vending machine didnt like the new note ! I had to swap it and use an old one. I've never seen a 2000 yen note out in the wild (and the 2 USD bill either). I saw some billboards advertising credit cards (EPOS I think) and they had Godzilla on them ! I'd love one of those.
as a collector of banknotes, Japan has one, if not THE most secure banknotes in the world with hidden security features in addition to the features that make it easier for consumers and businesses to quickly check for authenticity - even the feel of the paper is distinctive. They look deceptively simple, even the holograms aren't the most cutting edge of anti-counterfeiting measures... fun fact: look at the notes under black light and see what happens!
I was working in a fast food restaurant a few years ago, I hear from the drive through "yo weve been had". Upon investigation it turns out she found a $2 bill in the register drawer and didn't know it existed.
I went to ons3n i. 2018 and he took bank notes my grandparents had from the 70's and 80's. He said the bank would accept it still and some like to collect it.
The vending machines wouldn't take older coins. They seem to like the cleaner coins. I got the coins from previous stay. This trip though, we had a hard time using the coins.
The Yen and the Australian Dollar now have the same value to the NZ Dollar. This is great news, only a 10% loss. It's not whether people will accept the new Yen that is the issue, it's whether the machines recognise it.
There's US cards that will fully reimburse ATM fees too. Definitely skip going to the foreign currency exchange spots, not worth it and not really conbinient anymore.
@@onlyinjapanGO Cold hard cash is going to remain for more years just as it has been since money was invented. Once you give up your cash, you give up your freedom.
All the old bank notes from Japan should be given to me for proper disposal immediately
😂😂😂
Your reaction to the old and new notes are so funny. When we changed our Malaysian note design, it takes about 10 years to phase out the old notes. You cannot remove the old notes from circulation immediately.
Just came back from my trip earlier this month and majority of the businesses used the old notes and I didn’t see very much of the new notes, if at all. One time I did get change and got the new notes but I used it and didn’t see it again. I should’ve kept it but many places were using the old notes. I had tons of the 2000 notes but I used them to recharge my IC card in Tokyo and Osaka. You can’t recharge your IC cards with 2000 notes in Kyoto though…
Thanks for covering this topic. It’s good to know the older 1000 yen notes I have are still legal tender. I’m giving them to a friend who is traveling to Japan soon. ❤
I'm moving to Japan in March...and have a couple hundred thousand yen in cash I plan on taking with me....thanks for covering this! The bank here in America gave me all old (pre-july 2024) bills.
"You may bring Japanese yen from your country and there is no upper limit on the amount you are allowed to bring into Japan. If the amount exceeds 1,000,000 yen, you must complete a customs declaration."
they should replace that grumpy man with studio ghibli characters to make them collectibles
I think they’d SELL a lot of those bank notes! Hahaha they’d never be spent!
On the old swedish 20 SEK banknote on one side is Nils Holgerson riding on the duck on the other side is Selma Lagerlöf (on the new one is Astrid Lindgren with Pippi Longstocking on the same side) Just as a fun fact.
I believe the difference in note size is also to help blind people identifying different notes
totally correct about really experiencing travel without capturing everything on camera. My best memories are from travelling and working all over the world, and all back in the day when smart phones didnt exist. It depresses me to see people living their lives through a smart phone. Unable to walk or stand still without pulling a ridiculous vain pose.
This smart phone and digital surveillance and global tracking scheme will get worse. Those who move through Earth undetected are truly Free!
In 2017, I used a 1000 yen bill, that I had from the 1980's, at a restaurant in Akihabara UDX. After 5 minutes asking other employees, the cashier accepted the bill.
.
Thanks for the update. I have 1K yen notes, from my 2018 trip to Japan. I'm planning to use them on my next trip to Japan. Hopefully, this will be next year.
I like the old banknotes because of their simple designs. But the new ones are not as bad
I pulled out ¥20,000 at an ATM in Haneda, all crisp brand new notes.
u swapped USD for yen? if so,, were the fees high?? what was the fee like?
@@laturista1000 no I didn’t exchange, just withdrew straight from the atm. I could be wrong but I don’t think there was a fee.
@@Jamess_z33 So you must live in Japan. Because Tourists do not have japanese bank accounts and must exchange foreign currency into yen. usually there is a fee for that if using an airport exchange machine. But i get it, you have a japanese bank account and earn yen.
@@laturista1000 No I’m from the US, you can pull out money with your American bankcard from Japanese ATM’s and get Yen out.
Changed over some money this morning for my trip next week. Currency exchange place gave me new 1,000 & 10,000 yen notes, but the 5,000 yen notes they gave me were old ones. I didn't get any 2,000 yen notes this time sadly.
Always thought it interesting that the 2,000 note is so rare & sought after, the $20 note here in Australia is a very common note.
You sounded like as if old notes were not being accepted and you got a hit.
I’m not even sure what was the big deal of this video!
Thanks
When my friends and I went to Karuizawa recently, we exchanged some ¥1,000 notes for ¥100 coins to use the lockers at the station, but the exchange machines only took the old notes and rejected the new ones.
I had no idea about the 2$ bill thats awesome, want to add when we traveled to Japan 2024 we payed cash almost everywhere
I still have a Zimbabwe note. it's pretty old
Thanks for sharing it. ✌️
We were in Japan last month and had the interesting issue with older ramen shop machines, as many of them would not recognize the new bills and many shops had to exchange the new ones for old ones to get it to work.
Visa is located in San Francisco, master card and American Express are both located in NY, so good for the USA.
I had a lot of problems with the new bank notes in Osaka a few weeks ago at vending machines / restaurant ticket machines. So I promptly got rid of the new notes as quickly as I could. I spend most of my time outside of Tokyo when I’m in Japan.
I found every time I used Konbini ATM to pull out cash last trip a few weeks ago in all cities - I got a split of new and old notes. I usually pull out 10 x 1000 option when I use the ATM.
Mr John, I believe I commented in that video you spoke about the yen trending back to strength and below 140 that it wasn’t going to hold up. The Japanese economy is the same all things considered and the reason the value went up was because the government infused billions in cash in June. That’s just a small bandaid solution that doesn’t address the real reasons the exchange rate is the way it is. Even the politics now will not reverse the trend and take it back to the strength it had when I lived there 9 yrs ago, let alone to the 78¥ it was when I was a student there back in 2010. Stay strong sir and hope to run into you in Tokyo over the next couple weeks!
I keep getting new ¥1000 from crane game exchange machine 😂😂😂
Some ramen shop machines still don't take the new notes, but in my experience, the vendors are aware and keep old notes to swap with you so you can use the machine as usual.
Excellent
Headed home after 2 weeks, but I'm surprised I only spent ¥2000 in cash throughout this trip. The rest of it was digital IC, which is my first time using it. Digital IC is so convenient to reload and use. There's recently some concerning news about IC cards, but I hope they're around for years to come.
I did have an issue at an eatery in Akihabara. The vending machine didnt like the new note ! I had to swap it and use an old one. I've never seen a 2000 yen note out in the wild (and the 2 USD bill either). I saw some billboards advertising credit cards (EPOS I think) and they had Godzilla on them ! I'd love one of those.
as a collector of banknotes, Japan has one, if not THE most secure banknotes in the world with hidden security features in addition to the features that make it easier for consumers and businesses to quickly check for authenticity - even the feel of the paper is distinctive. They look deceptively simple, even the holograms aren't the most cutting edge of anti-counterfeiting measures... fun fact: look at the notes under black light and see what happens!
I have a couple of the 2000 yen notes. I'll be spending them in November.😋
My bank in Canada included some 2000 Yen notes when I obtained some Yen a few months ago.
I was working in a fast food restaurant a few years ago, I hear from the drive through "yo weve been had". Upon investigation it turns out she found a $2 bill in the register drawer and didn't know it existed.
I went to ons3n i. 2018 and he took bank notes my grandparents had from the 70's and 80's. He said the bank would accept it still and some like to collect it.
I'm not sure how recent this is, but Discover seemed to have partnered with JCB to operate in Japan.
The vending machines wouldn't take older coins. They seem to like the cleaner coins. I got the coins from previous stay. This trip though, we had a hard time using the coins.
What’s the maximum of $$$ can you exchange in a day? For example can you exchange $15,000 usd for yen?
The Yen and the Australian Dollar now have the same value to the NZ Dollar. This is great news, only a 10% loss.
It's not whether people will accept the new Yen that is the issue, it's whether the machines recognise it.
2:20? Kind of a late start today.
Can a non Japanese citizen get pay pay?
14:26 It follows you. Reminds me of George Orwell’s 1984 book/movie where the propaganda poster’s eyes follows the viewer 😁
US banks seem to have a lot of 2000 yen notes on hand.
There's US cards that will fully reimburse ATM fees too. Definitely skip going to the foreign currency exchange spots, not worth it and not really conbinient anymore.
As the older notes become warn out they will be destroyed. They won't just remove them from circulation.
I wondet how low the yen will go 👀
Seeing the notes was very interesting the different sizes and color I think one of the notes was cool
I like the colors, serious but colorful. High tech, not sure notes will be around more than 8-10 more years. Less and less people use them.
@@onlyinjapanGO Cold hard cash is going to remain for more years just as it has been since money was invented. Once you give up your cash, you give up your freedom.
Every country I have been to, mostly East Asian country, all our money has different sizes and colors. Is it not like that where you are from?
Shouldn't be showing off cash on the internet, John 😂