Yen Exchange Rate Watch

[paul02]

Changed at 117.4 in You Trip

Same, change a bit and stall for 119 haha

 

[discoburg]

Same, change a bit and stall for 119 haha

Going Tokyo in 2 weeks time so hope can rise even more to change currency with money changers.

 

[grapewall]

Guys, what is the best way to get a good rate to convert the USD in my bank to JPY? I used DBS to convert some JPY last week, and the rate was only 145JPY when google rate is around 150JPY...
Revoult only allow a small sum to be converted...
Any other creative ways?

 

[wongkc]

Guys, what is the best way to get a good rate to convert the USD in my bank to JPY? I used DBS to convert some JPY last week, and the rate was only 145JPY when google rate is around 150JPY...
Revoult only allow a small sum to be converted...
Any other creative ways?

Direct bank FX always bad and may have transaction fees...

DBS has a multi currency card... maybe can link your USD account to that card to convert back to SGD at better rates? But I think got limits also... most multi curency cards got limits to prevent money laundering I think...

 

[wongkc]

Changed at 117.4 in You Trip

Change some at 117.9 in YouTrip just now...

 

[twosix]

Change some at 117.9 in YouTrip just now...

118 in another 30min time I guess. Haha.

 

[wongkc]

118 in another 30min time I guess. Haha.

My trip in Decemeber... still got time to change a bit a bit at a time... to spread out the rates...

Actually... as long as more than 110 is damn good rates liao... now is bonus time... Hoot arr....

 

[paul02]

Going Tokyo in 2 weeks time so hope can rise even more to change currency with money changers.

That’s the idea, some digital and some physical.

 

[twosix]

Singapore Dollar Strengthens Against Japanese Yen Amid Political Transition

• The Singapore dollar surged to its strongest level against the Japanese yen in over a year, reaching 117.78 on Wednesday morning.

• This strengthening is attributed to the yen's depreciation, influenced by Japan's political transition and the election of a new leader, Sanae Takaichi.

• Markets anticipate continued expansionary fiscal policies and loose monetary policies under Takaichi, contributing to the yen's weakness.

• Analysts suggest that policy divergence, fiscal concerns, and eroding safe-haven appeal are factors impacting the yen, while the Singapore dollar benefits from its strong rating.

• Forecasts indicate a potential gradual recovery of the yen in the medium term, with analysts projecting a lower SGD/JPY trajectory as monetary divergence narrows.

https://www.businesstimes.com.sg/si...st-japanese-yen-its-strongest-level-more-year

 

[twosix]

My trip in Decemeber... still got time to change a bit a bit at a time... to spread out the rates...

Actually... as long as more than 110 is damn good rates liao... now is bonus time... Hoot arr....

It was 111 when I was in hokkaido in May. Now +5%. Too bad no plans to japan any time soon. But I'd change some first. I'd sell back if it drops to 111. Haha.

 

[discoburg]

That’s the idea, some digital and some physical.

Definitely need cash in some spots in Tokyo.

 

[ApeTruelove]

Definitely need cash in some spots in Tokyo.

My recent trip almost 90% used card in tokyo

 

[discoburg]

My recent trip almost 90% used card in tokyo

Not 100%

 

[ApeTruelove]

Not 100%

even 100% one still need to keep some cash incase system down cannot use card.

 

[discoburg]

even 100% one still need to keep some cash incase system down cannot use card.

Exactly. My cards wasn’t working when making a purchase in Beams in Jan. Luckily have cash. If not pai seh can’t pay for the few jeans.

 

[paul02]

If you like those old-school ramen shops, most of them accept cash only (even in central Tokyo). Anyway I like to keep cash too.

 

[xSupremex]

i have an upcoming 10 days trip in Hiroshima/Kyushu, exchanged 100k cash, planning to use YouTrip for the rest of expense.

 

[grapewall]

I got a question. Let say i have jpy in my multi currency account. How do i use it when i travel in Japan? I have a Revolut card, but i only use the debit card function.
Anyone can help me on this?

 

[Blitzy]

If you have Yen available in your Revolut card, it will deduct from your Yen Pool when you are flashing your card in Japan. At least this is what I have experience in my previous trip

 

[grapewall]

Thanks. I checked, and i can set my jpy account to be the main account. So that when i use the debit card, it will deduct from this account.
Haha. Not aware of this.