Currency exchange in Japan often surprises first-time visitors. Despite being one of the world’s most technologically advanced countries, Japan remains deeply rooted in a cash-based culture . Credit cards are widely accepted in big cities, yet many local restaurants, rural shops, traditional ryokan, and even transportation services still rely heavily on cash .
Understanding currency exchange in Japan before you arrive can save time, money, and stress . Exchange rates, availability, and payment methods work a little differently here than in many Western countries .
This guide breaks down everything you need to know—from where to exchange money and how ATMs work, to practical recommendations and real-life scenarios . Whether you’re planning a short city trip or a deep journey into rural Japan, this article will help you handle Japanese yen with confidence .
Key Details and Breakdown: How Currency Exchange in Japan Works
The Japanese Yen (JPY): What You Should Know
Japan’s official currency is the Japanese Yen (JPY). Coins are commonly used and come in several denominations, while bills are straightforward and easy to recognize .
Coins:
- ¥1
- ¥5 (with a hole)
- ¥10
- ¥50 (with a hole)
- ¥100
- ¥500
Banknotes:
- ¥1,000
- ¥2,000 (rare but valid)
- ¥5,000
- ¥10,000
Important Note on New Banknotes (2024): In July 2024, Japan issued new banknotes featuring historical figures like Eiichi Shibusawa (¥10,000). You will likely encounter both the old and new versions of the notes. Both are valid, but some older vending machines may only accept the older notes.
Japan has very low counterfeit rates, so cash handling is extremely relaxed . Don’t be surprised if people place money in trays instead of handing it directly to you—this is standard etiquette .
Where to Exchange Currency in Japan
When it comes to currency exchange in Japan, travelers have several options . However, the landscape has changed recently, so it is important to know the current best practices.
Airports in Japan (Recommended)
Unlike in many other countries, currency exchange counters at major Japanese airports (Narita, Haneda, Kansai, etc.) offer competitive and fair rates. They are often run by major banking groups and are safe to use.
Pros:
- Extremely convenient immediately upon arrival
- Open long hours
- English-speaking staff
- Rates are often better than hotels or foreign exchange shops in your home country
Cons:
- Can be crowded during peak arrival times
Verdict: Exchanging a significant portion of your travel budget right at the airport is a safe and smart choice in Japan.
Banks (Not Recommended for Counters)
Historically, travelers went to banks for exchange. However, most major Japanese banks have ended over-the-counter foreign currency exchange services.
- The Reality: If you walk into a random bank branch, you will likely be refused service at the window.
- The Alternative: Banks now direct customers to automated currency exchange machines or specialized subsidiary shops (like “World Currency Shop”), often found near the bank but not at the teller window.
For most travelers, trying to visit a bank branch is no longer a practical solution. Stick to machines or specialized offices.
Currency Exchange Offices in Cities
In Tokyo, Osaka, Kyoto, and other major cities, you’ll find specialized exchange offices (like Ticket Shops or specialized exchange counters) .
Pros:
- Can offer slightly better rates than airports (especially “Ticket Shops”)
- Faster service
- English support available
Cons:
- Less common outside major cities
- Some ticket shops have short hours
These offices are ideal if you missed the chance at the airport or need to top up your cash in urban areas .
ATMs: The Most Practical Option
For many travelers, withdrawing yen from ATMs is the best way to handle currency exchange in Japan .
ATM-friendly locations include:
- Convenience stores (7-Eleven, FamilyMart, Lawson) – The best option
- Post offices
- Major train stations
Why ATMs work well:
- Widely available nationwide (24/7 in cities)
- Accept international debit and credit cards
- Often provide better exchange rates than cash exchange counters (depending on your bank’s fees)
Using ATMs in Japan: What to Expect
Not all ATMs in Japan accept foreign cards , but the network is vast.
Best ATM options for foreign cards:
- 7-Eleven ATMs (Almost 100% acceptance for foreign cards)
- Japan Post ATMs
- Lawson Bank ATMs
Things to note:
- ATMs may close overnight in rural areas
- International withdrawals may include fees
- Always select “Yen” if asked about currency conversion to let your bank handle the rate.
Always notify your bank before traveling to avoid card blocks .
Credit Cards vs Cash in Japan
Japan is slowly becoming more card-friendly, but cash still plays a major role .
Places that usually accept cards:
- Hotels
- Department stores
- Large restaurants
- Major tourist attractions
- Convenience Stores
Places that often require cash:
- Small restaurants (Ramen shops often use cash-only ticket machines)
- Local cafes
- Temples and shrines (Entrance fees and charms)
- Rural shops and inns
A good rule of thumb: always carry some cash, especially outside major cities .
Practical Examples and Recommendations
Example 1: Short Trip to Tokyo
If you’re visiting Tokyo for 3–5 days:
Recommended approach:
- Exchange a good amount at the airport (e.g., ¥30,000–¥50,000) to avoid hunting for exchange spots later.
- Use ATMs in convenience stores if you run low.
- Pay with credit cards or IC Cards (Suica/PASMO) at convenience stores and trains.
This combination balances convenience and cost-efficiency.
Example 2: Traveling to Rural Japan
If your itinerary includes countryside towns or remote regions:
Recommended approach:
- Withdraw larger amounts of cash before leaving the city.
- Avoid relying solely on cards.
- Carry small bills (¥1,000) and coins.
Some rural areas may have only one ATM—or none at all .
Example 3: Long-Term Stay or Repeat Traveler
For longer stays:
Recommended approach:
- Rely primarily on ATM withdrawals at 7-Eleven.
- Track international withdrawal fees.
- Consider a travel-friendly debit card (like Wise or Revolut) with low fees.
Exchanging large sums of cash upfront is usually unnecessary .
How Much Cash Should You Carry?
There’s no single answer, but here are rough guidelines:
- City travel: ¥10,000–¥20,000 per day (mostly for food and small purchases)
- Rural travel: ¥20,000–¥30,000 per day (accommodations may be cash-only)
- Emergency buffer: Always carry at least ¥10,000
Japan is very safe, but losing cash can still disrupt your plans .
Tips for Travelers: Currency Exchange in Japan Made Easy
Avoid Dynamic Currency Conversion
When withdrawing money or paying by card, you may be asked whether you want to be charged in your home currency . Always choose Japanese Yen (JPY).
Dynamic currency conversion often comes with poor exchange rates set by the merchant’s machine .
Carry Coins—But Use IC Cards for Transport
Unlike many countries, coins in Japan are essential . However, for buses and trains, coins can be hassle.
- Best Practice: Get a Suica or PASMO (IC Card) for all trains and buses.
- Use Coins for: Vending machines, Shrines/Temples (offerings), and small cash-only shops.
Keep a coin pouch or separate pocket .
Don’t Assume ATMs Are 24/7
In major cities, many ATMs operate 24 hours . In smaller towns, this may not be the case. Plan withdrawals during the day, especially before weekends or holidays .
Keep an Emergency Cash Reserve
Natural disasters are rare but possible. Power outages can temporarily disable ATMs . Having emergency cash is simply good travel practice in Japan .
Respect Cash Handling Etiquette
In Japan, money is usually placed in a small tray instead of being handed directly . Follow local customs—it’s a small gesture that shows cultural awareness .
Monitor Exchange Rates Before You Travel
Understanding current exchange rates helps you recognize fair ATM rates and budget more accurately .
Common Mistakes to Avoid
- Assuming you can walk into any bank for exchange (Go to the Airport or Machines instead).
- Assuming all ATMs accept foreign cards (Stick to 7-Eleven/Post Office).
- Carrying only credit cards.
- Trying to pay for a bus with large bills (Use an IC Card).
- Ignoring foreign transaction fees.
Avoiding these mistakes makes currency exchange in Japan far smoother .
Conclusion: Mastering Currency Exchange in Japan
Currency exchange in Japan doesn’t have to be complicated . With a little preparation, you can navigate Japan’s cash-based systems comfortably and confidently .
The key takeaways are simple:
- Airports are great for initial exchange.
- ATMs (7-Eleven) are your best friend.
- Cash is still king, especially outside cities.
- IC Cards save you from handling too many coins on transport.
Japan rewards travelers who pay attention to details . Understanding how money moves—from convenience store ATMs to quiet rural shops—opens the door to smoother, more authentic experiences.
Travel deeper . Explore the real Japan. And let currency exchange in Japan be one less thing to worry about.
👉 : Compare current yen exchange rates here
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👉 : Find the best ATMs for international travelers in Japan