Yen Exchange Rate Watch

[dude123]

Definitely hold out. The yen is expected to weaken in the long run so the chance of us having a better rate is higher.

This is just my own opinion.

Thanks bro! Will monitor this thread

 

[s7460597]

The Japanese would like to see yen weaken but global events were against it.

The markets have responded well to the announcement of the stimulus. Whether it's sustained depend on how effective it is. This takes time.

Read in a poll 50% of respondents weren't confident of the latest measures working. Remember the number of stimulus and vast amounts of money thrown to revive the Japanese economy.

There could be continued weakness but don't think there's going to be large movement in either direction.

 

[NiHaoma123]

The Japanese would like to see yen weaken but global events were against it.

The markets have responded well to the announcement of the stimulus. Whether it's sustained depend on how effective it is. This takes time.

Read in a poll 50% of respondents weren't confident of the latest measures working. Remember the number of stimulus and vast amounts of money thrown to revive the Japanese economy.

There could be continued weakness but don't think there's going to be large movement in either direction.

Well, there was HUGE MOVEMENT towards the depreciation for yen during the past 2 hours

 

[s7460597]

Well, there was HUGE MOVEMENT towards the depreciation for yen during the past 2 hours

Oops.........

 

[LIN_JOEL]

Thanks bro! Will monitor this thread

http://www.mustafa.com.sg/frmForex.aspx

Well, there was HUGE MOVEMENT towards the depreciation for yen during the past 2 hours

Ya, dropped to 12.74 on XE and mustafa 12.84.

Hotel booking rate also dropped

 

[dude123]

http://www.mustafa.com.sg/frmForex.aspx




Ya, dropped to 12.74 on XE and mustafa 12.84.

Hotel booking rate also dropped

Thanks bro. Drop means better rate?

 

[NiHaoma123]

Thanks bro. Drop means better rate?

Yes..it means you need to pay lesser for 1000 Yen. 12.84 means u need pay sgd $12.84 for 1000 Yen..therefore the lower the better

 

[dude123]

Yes..it means you need to pay lesser for 1000 Yen. 12.84 means u need pay sgd $12.84 for 1000 Yen..therefore the lower the better

Thanks for clarify! Was confused initially. Haha

 

[LIN_JOEL]

Now 12.80 le, haiiz I changed at 13.10 lol

 

[dude123]

Now 12.80 le, haiiz I changed at 13.10 lol

Do you know wads the best rate so far? Or average rate?

 

[LIN_JOEL]

Just now mustafa 12.79.

I'm not monitoring all the times but 12.79 is the lowest I saw online.

Btw I just realise the tax free spending had changed to 5,000 yen since May 2016.
Instead of 10,001 for non consumed items & 5,001 for consumed items

 

[Illusionist_85]

Waiting to drop down to at least 12.5 before hooting more yen

Sent from Sony Z4 using GAGT

 

[arcaninx]

Hi how to check rates online?

Just now mustafa 12.79.

I'm not monitoring all the times but 12.79 is the lowest I saw online.

Btw I just realise the tax free spending had changed to 5,000 yen since May 2016.
Instead of 10,001 for non consumed items & 5,001 for consumed items

 

[LIN_JOEL]

Hi how to check rates online?

http://www.mustafa.com.sg/frmForex.aspx

 

[calkel20]

Just now mustafa 12.79.

I'm not monitoring all the times but 12.79 is the lowest I saw online.

Btw I just realise the tax free spending had changed to 5,000 yen since May 2016.
Instead of 10,001 for non consumed items & 5,001 for consumed items

Now for is 5k for consumables and 5k for non consumables.
Cannot mix and match consumables and non consumables.

 

[AS1]

Now for is 5k for consumables and 5k for non consumables.
Cannot mix and match consumables and non consumables.

Tax free spending for consummables (food?) is just show passport and they remove the tax charge or need to claim at airport like GST Refund?

Any logo for places that have the tax free for consummables?

 

[s7460597]

Tax free spending for consummables (food?) is just show passport and they remove the tax charge or need to claim at airport like GST Refund?

Any logo for places that have the tax free for consummables?

Depends where you buy from. Some are tax free which is waived when you show your passport.

Others like isetan, have to pay vat first. Refund less admin charge will be at customer service.

 

[thwysg]

Tax free spending for consummables (food?) is just show passport and they remove the tax charge or need to claim at airport like GST Refund?

Any logo for places that have the tax free for consummables?

Show passport. There's no claiming of tax refund in the airports. It's done in the mall or the shop on the spot. Yes, look out for a tax-free decal at the entrance. Could always head over to the customer service counter to check if there were more discount coupons for tourists and whenever you are not sure.

 

[xtwis7]

Mustafa 12.74

 

[dungeonalley]

12.6 now at Raffles city.