Japan - 5 Japanese Yen - P-86 - Error Note - Misaligned Reverse - 1946 dated Foreign Paper Money

5 Yen, P-86. The yen serves as the official currency of Japan and ranks as the third most traded currency in the foreign exchange market, following the United States dollar and the euro. Additionally, it is extensively utilized as a third reserve currency, subordinate only to the US dollar and the euro. The modern currency system of Japan was established by the New Currency Act of 1871, which defined the yen as equivalent to 1.5 grams (0.048 troy ounces) of gold or 24.26 grams (0.780 troy ounces) of silver, and it is subdivided into 100 sen or 1,000 rin. The yen supplanted the earlier Tokugawa coinage and the various hansatsu paper currencies that were issued by feudal han (fiefs). The Bank of Japan, established in 1882, was granted a monopoly over the regulation of the money supply.