Buying foreign currency…
Posted by: kirin on 
Oct 22nd, 2008 | 
Filed under: Daily Life
These days Yen is very strong to other major foreign currencies such as US$, Euro, GBP, AUS$, CAN$, and NZ$. Since Yen has been very weak for the past several years, and it’s been for years since I find such exchange rate last time.
US$1=99 yen
1Euro=127 yen
1GBP=161 yen
1$AUS=66 yen
1$CAN=79 yen
1$NZ=59 yen
1Euro needed as much as 170 yen before Lehman Brothers shock that happened mid Sept. in the U.S.
I can remember 1$AUS costs 106 yen at most only a few months ago.
Strong yen makes me feel happy and today I bought some Euro to prepare for my travel to Europe someday. Euro has been so strong for years and I really missed any chance to visit Europe, because when I convert any price, I felt reluctant to go there.
But now, going to any these countries do look reasonable to me.
I wish I could just fly to anywhere at any moment…
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November 12th, 2008 at 6:28 pm
Big help. Thanks.
November 13th, 2008 at 9:02 am
@Sabree,
I am wondering where world economy goes…
These exchange rates now seem even high when we compare them to the current ones. Nowadays I find it was too early for me to have bought some Euro at that point. I should have waited! Also too strong yen causes big damage to exporting companies such as SONY & TOYOTA, which also leads tragic damage to Japanese stock market.
So I was happy when strong yen was kept for only limited period, but these days I’m worried about world economy
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