Editing Japanese yen (section)

===Yen adoption in Okinawa===
After World War II the [[United States Civil Administration of the Ryukyu Islands|United States-administered Okinawa]] issued a higher-valued currency called the [[B yen]] from 1946 to 1958, which was then replaced by the [[United States dollar|U.S. dollar]] at the rate of $1 = 120 B yen. Upon the [[1971 Okinawa Reversion Agreement|reversion of Okinawa]] to Japan in 1972 the Japanese yen then replaced the dollar. In light of the dollar's reduction in value from ¥360 to ¥308 just before the reversion, an unannounced "currency confirmation" took place on October 9, 1971, wherein residents disclosed their dollar holdings in cash and bank accounts; dollars held that day amounting to US$60 million were entitled for conversion in 1972 at a higher rate of ¥360.<ref>{{Cite news|newspaper=The Yomiuri Shimbun|date=2022-01-25|title=50 years on / Shift from dollar to yen triggered upheaval in Okinawa|url=https://japannews.yomiuri.co.jp/society/social-series/20220125-10712/|access-date=2023-02-20|language=en|archive-date=August 14, 2022|archive-url=https://web.archive.org/web/20220814191140/https://japannews.yomiuri.co.jp/society/social-series/20220125-10712/|url-status=live}}</ref>