It’s short and to the point, but again, it’s jut a guess.
I’ve heard the same as u/rainbow_city in regards to this subject. Since it was around the time of the Meiji restoration that western influence was more prominent, they probably picked up one of these symbols to make trade easier? That’s just my theory.
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Yen. So Y with a double bar, like the dollar sign had
The same way Japan got 弗 from $. Or not actually as in this case it was because the kanji looked like the dollar symbol with two bars
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How did the western world get $ from dollar?
In the Meiji period 円 was stilled pronounced as “yen”, so they used the latin Y.
https://ja.m.wikipedia.org/wiki/%E5%86%86%E8%A8%98%E5%8F%B7
Doesn’t it look like a Y and an E put together? And any chance it also has to do with Chinese Yuan?
This doesn’t offer a definitive answer, but it makes sense (it also explains the USD symbol)
[https://www.investopedia.com/financial-edge/0710/the-origins-of-common-currency-symbols.aspx](https://www.investopedia.com/financial-edge/0710/the-origins-of-common-currency-symbols.aspx)
It’s short and to the point, but again, it’s jut a guess.
I’ve heard the same as u/rainbow_city in regards to this subject. Since it was around the time of the Meiji restoration that western influence was more prominent, they probably picked up one of these symbols to make trade easier? That’s just my theory.
[deleted]
Yen. So Y with a double bar, like the dollar sign had
The same way Japan got 弗 from $. Or not actually as in this case it was because the kanji looked like the dollar symbol with two bars