What is the Japanese currency that has an eagle on it called?
By Forinfos - 19/07/2025 - 0 comments
Bakumatsu currency, sometimes called "Aratame sanbu sadame" after its inscription, was legal tender in Japan between 1854 and 1868. This currency featured Japanese stampings on its front and a Mexican eagle on its back. It was fully discontinued in the 1870s with the passage of the National Bank acts.
The Mexican eagle on Bakumatsu currency is a legacy of Japan's troubled economy in the years following its opening in 1854. A discontinuity in gold and silver exchanges led foreign interests to drain the country of its precious metals, and local counterfeiting led to a chaotic system involving multiple currencies. As an attempt at controlling the chaos, the Mexican dollar was briefly adopted as a national currency with its value pegged at 3 Bu.

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