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Japanese Yen Deposits
 9 Months Ended
Sep. 30, 2024
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 September 30, 2024 was an annual nominal rate of 0.00%. For the nine months ended September 30, 2024, there were Japanese Yen principal deposits of 32,847,515,598, Japanese Yen principal redemptions of 9,717,854,783 and Japanese Yen withdrawals (to pay expenses) of 182,167,058, resulting in an ending Japanese Yen principal balance of 67,016,080,756. This equates to 468,512,869 USD (which includes USD subscriptions receivable). For the year ended December 31, 2023, there were Japanese Yen principal deposits of 40,464,676,109, Japanese Yen principal redemptions of 20,936,241,082 and Japanese Yen withdrawals (to pay expenses) of 194,462,561, resulting in an ending Japanese Yen principal balance of 44,068,586,999. This equates to 312,587,509 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.