自じ由ゆう円えん

noun

free yen; convertible yen

Historical term for yen that became convertible to other currencies in 1960, marking a step in Japan's postwar financial liberalization.

• 1960年ねんに自じ由ゆう円えんが導どう入にゅうされ、円えんの交こう換かん性せいが認みとめられた。

  In 1960, the free yen was introduced, and the convertibility of the yen was recognized.