Changes

A number of different modes of currency were used throughout Japanese history, including, in the pre-modern period, the heavy use of [[Chinese currency|Chinese coins]]. By the [[Edo period]], a relatively standardized system of gold and silver coinage was in place, though it experienced dramatic inflation and devaluation, among other financial crises, at times. Systems which served as precursors for a "modern" system of banks and paper currency, along with futures markets and other such economic/financial developments, emerged in the 18th-19th centuries, and beginning in the [[Meiji period]], "modern" systems based on the Western model were established.

A number of different modes of currency were used throughout Japanese history, including, in the pre-modern period, the heavy use of [[Chinese currency|Chinese coins]]. By the [[Edo period]], a relatively standardized system of gold and silver coinage was in place, though it experienced dramatic inflation and devaluation, among other financial crises, at times. Systems which served as precursors for a "modern" system of banks and paper currency, along with futures markets and other such economic/financial developments, emerged in the 18th-19th centuries, and beginning in the [[Meiji period]], "modern" systems based on the Western model were established.