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Japanese Yen Deposits
 6 Months Ended
Jun. 30, 2023
Cash and Cash Equivalents [Abstract]  
Japanese Yen Deposits

Note 4 - Japanese Yen Deposits

Japanese Yen principal deposits are held in a Japanese Yen-denominated, interest-bearing demand account. The interest rate in effect as of June 30, 2023 was an annual nominal rate of -0.20%. For the six months ended June 30, 2023, there were Japanese Yen principal deposits of 22,825,357,760, Japanese Yen principal redemptions of 14,895,014,431 and Japanese Yen withdrawals (to pay expenses) of 91,512,120, resulting in an ending Japanese Yen principal balance of 32,573,445,742. This equates to 225,367,183 USD (which includes USD subscriptions receivable). For the year ended December 31, 2022, there were Japanese Yen principal deposits of 21,053,881,528, Japanese Yen principal redemptions of 15,902,847,088 and Japanese Yen withdrawals (to pay expenses) of 136,111,791, resulting in an ending Japanese Yen principal balance of 24,734,614,533. This equates to 187,461,552 USD.

Net interest, if any, associated with creation and redemption activity is held in a Japanese Yen-denominated non-interest-bearing account, and any balance is distributed in full as part of the monthly income distributions, if any.