Yen Exchange Rate Watch

[xtwis7]

think going to change now. it's kinda risky to adopt a wait and see approach now?

If it really does goes back up to 12, ask yourself if you're okay with it. There's always upside and downside. With the oil in its current state today, I foresee yen to go back up for a bit more.

Disclaimer: My words don't mean anything so please don't blame me if rates go up or down.

 

[cheefarn]

Well sorry to ask such a noob qns... but what's the reason for this sudden sharp increase in Yen exchange rates?

I thought it was Abe intention to devalue Yen as much as he can so that Japs products will be cheap enough to be sold overseas? And of cos to attract tourists?

SG$$ exchange rates seems to be quite stable against USD and other SE Asian currencies..

SOB SOB!.... now how to go Hokkaido again?

Ok la... compared to 60yen=SG$1 when I was there in May 2013, it is still a great time to go Jap now

 

[kenchi]

Well sorry to ask such a noob qns... but what's the reason for this sudden sharp increase in Yen exchange rates?

I thought it was Abe intention to devalue Yen as much as he can so that Japs products will be cheap enough to be sold overseas? And of cos to attract tourists?

SG$$ exchange rates seems to be quite stable against USD and other SE Asian currencies..

SOB SOB!.... now how to go Hokkaido again?

Ok la... compared to 60yen=SG$1 when I was there in May 2013, it is still a great time to go Jap now

it still low compare to long ago is neary 2
now is stil within the 1 range

i still go when its 2
lucky i paid for my hotel and ANA
before the ANA price inflated
flying off soon counting down

 

[evilerniex]

anything below 12 is still very good already


when I went last oct, it is 12+. waited too long to change. but at least I changed a bit when it was 11.5

 

[otaku7]

Well sorry to ask such a noob qns... but what's the reason for this sudden sharp increase in Yen exchange rates?

I thought it was Abe intention to devalue Yen as much as he can so that Japs products will be cheap enough to be sold overseas? And of cos to attract tourists?

SG$$ exchange rates seems to be quite stable against USD and other SE Asian currencies..

SOB SOB!.... now how to go Hokkaido again?

Ok la... compared to 60yen=SG$1 when I was there in May 2013, it is still a great time to go Jap now

maybe this rate is the rate jpn is comfortable with and hence they stabilising it somewhere here. even if rate is needed to be kept low, it needs to be stable.

Sent from the past using GAGT

 

[shermianz]

anything below 12 is still very good already


when I went last oct, it is 12+. waited too long to change. but at least I changed a bit when it was 11.5

agree! I went on the first week of Sept. that's when I changed 12.27 and came back with low 11. Left 72,000.. makes a lot of difference so I can't bear to change back and keep holding on.

 

[Carnage]

Decided to change later.

Next week will continue to hike.

Reason for yen increasing is because oil and Euro went down, so alot of ppl dumping oil and energy assets and going into USD and Yen which are considered safe haven currencies.

This has nothing to do with BOJ.

 

[saffronsatire]

Decided to change later.

Next week will continue to hike.

Reason for yen increasing is because oil and Euro went down, so alot of ppl dumping oil and energy assets and going into USD and Yen which are considered safe haven currencies.

This has nothing to do with BOJ.

so you're saying the trend may reverse? certainly hope so too.

 

[otaku7]

so you're saying the trend may reverse? certainly hope so too.

maybe... but you also have to remember, the yen would have to stabilise at some point of time...but you are not going to benefit much unless you trading HUGE amount.

Sent from the past using GAGT

 

[ghimday]

I'm changing 7-8k , anyone know I able to change this amount at arcade ? Or where should I go ?

 

[otaku7]

I'm changing 7-8k , anyone know I able to change this amount at arcade ? Or where should I go ?

should can. even if 1 outlet can't, there's other outlet around there which can definitely match the same rate mah. so, maybe can split 2 if really can't.

Sent from the past using GAGT

 

[ghimday]

should can. even if 1 outlet can't, there's other outlet around there which can definitely match the same rate mah. so, maybe can split 2 if really can't.



Thanks bro , or is there anyway that I can open account to trade it online ? Don't want to keep so much paper at home lol

 

[xtwis7]

should can. even if 1 outlet can't, there's other outlet around there which can definitely match the same rate mah. so, maybe can split 2 if really can't.



Thanks bro , or is there anyway that I can open account to trade it online ? Don't want to keep so much paper at home lol

Trade and keeping yen are two very different matters. Firstly the exchange rate that you got your yen from money changers is different from the online trading rate. Actually it's probably one big envelope worth of notes? If you don't want to keep the notes, the best suggestion I can give is to not change now.

 

[otaku7]

Trade and keeping yen are two very different matters. Firstly the exchange rate that you got your yen from money changers is different from the online trading rate. Actually it's probably one big envelope worth of notes? If you don't want to keep the notes, the best suggestion I can give is to not change now.

what he said. rates are different and diff fees and charges apply for the 2.

Sent from the past using GAGT

 

[koicafex]

go japan then change at airport la~

 

[Carnage]

11.45 best rate at arcade

I changed more than 8k also still so high

 

[Carnage]

go japan then change at airport la~

Will it necessarily be better?

 

[angcsbenny]

Will it necessarily be better?

The rate at Japan is definitely much worse off then the worst rate you can possibly get in Singapore.

Sent from OPPO X9076 using GAGT

 

[asiafrenz]

also changed at 11.45 at arcade this evening.

couple of shops offered 11.45, some go as high as 11.52.

 

[trd2970]

Wow went up so fast, I changed last Fri only 11.3, but in terms of % actually less than 1.5% so not too bad la