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pre-2004 yen notes
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2009/8/30 05:11
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Are the old 10,000 yen notes (pre-2004, without the silver mark on the front and with a different back)still in use in Japan? We have some old bills from a previous trip and I am wondering if I need to exchange them for the newer issue currency or if I can just use them. (They are in good shape.)
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by li (guest)
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Old bank notes
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2009/8/31 10:48
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li,
They are no longer in circulation, and I never see any, but they are still legal tender (as are all old notes). You may have problems using them in vending machines, but I don't think you should have any problems using them in shops.
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by Dave in Saitama (guest)
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RE: Old (pre-2004) 10,000-yen banknotes
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2009/8/31 18:03
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: I am wondering if I need to exchange them for the newer issue currency or if I can just use them. (They are in good shape.)
While you are in Japan, you can use some at a person-to-person cash desk (in a large supermarket for example) and exchange some to new ones at a branch of an ordinary bank. Not many vending machines accept 10,000-yen banknotes, old or new. Old ones may be rejected by some vending machines which are designed to accept new ones.
: Are the old 10,000 yen notes still in use in Japan?
The old 10,000-yen banknotes have been getting excluded from the market. Bank of Japan, which is the central bank, has not put old ones into circulation since 2 April 2007. But, I suppose they would not be invalidated in 5 years or so, considering the fact that 500-yen banknotes (which appeared in 1969) are still legally valid even 15 years after they got out of circulation in 1994.
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by omotenashi
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