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<p>[QUOTE=&quot;Finn235, post: 3585532, member: 98035&quot;]Japan was one of the few &quot;dollar&quot; economies to make a 1/1,000th unit a viable reality, although all coins below 1 yen were demonetized in 1953:</p><p><a href="https://www.boj.or.jp/en/announcements/education/oshiete/money/c07.htm/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.boj.or.jp/en/announcements/education/oshiete/money/c07.htm/" rel="nofollow">https://www.boj.or.jp/en/announcements/education/oshiete/money/c07.htm/</a></p><p><br /></p><p>The yen was fixed to the USD under the Bretton Woods system at 1:360, thus a rin was technically worth 0.000278 of a US cent between 1949-1953, although the lowest to actually circulate was the 50 sen coin, worth .14 US cent then, or a few cents today.</p><p>[ATTACH=full]957187[/ATTACH] </p><p><br /></p><p>Better yet, when Japan was transitioning from the Tokugawa monetary system to the new Yen, from 1870-1877 the old currency could be exchanged for new at the rate of 1 Ryo = 1 Yen, thus you needed 4 Mon coins to exchange for a rin</p><p>[ATTACH=full]957189[/ATTACH][/QUOTE]</p><p><br /></p>

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