Japanese yen

When is the Best Time to Exchange AUD to Yen?

  The best time to exchange AUD to Yen in the last 12 months was on July 11, 2024. This is because the AUD/JPY hit 109.10. The same applies to anyone transferring money to Japan. In contrast, the worst time in the past year was only a few weeks after the peak on August 5, 2024. The same rate bottomed out at 91.46 compared with the current rate of .   Is it a good time to buy Japanese Yen? While it’s nearly impossible to time the market perfectly, if you are travelling to Tokyo or heading up to the […]

Australian Dollar forecasts

Australian Dollar Forecasts

Australian dollar exchange rates and forecasts change all the time. This article looks at bank predictions and is updated regularly. The 2022 Australian dollar Forecasts are out now With most of 2021 out of the way, attention turns to 2022. Now that most economists have released their predictions for the Australian dollar, head here to find out the most up to date forecasts:

Australian Dollar forecasts

Why the Australian Dollar is getting stronger when the economy is on it’s knees

The AUD/USD exchange rate has risen 30% in 4 months. That is remarkable. 2020 has been a rocky ride for most currencies and markets and the Australian dollar is no different. Here are a few reasons why the Australian dollar has gotten so strong, so quickly. Overdone Part of the reason the Australian dollar bounced back so hard is that in March, it may have fallen too far. That is, during the first stages of the COVID-19 pandemic, markets sold off the AUD too hard, believing things were worse that they ended up being. On the other side of this, […]

Australian Dollar reaches a 3 month high on recovery hopes

In short The AUD/USD hits a 3 month high of 0.6675 as hopes for an economic recovery increase The Australian dollar is nearly 12 cents higher from its lows in late March The AUD has also rallied higher against the Euro, Yen and British Pound in the past 2 months Time Open Low High Today 0.6625 In the last week 0.6511 0.6675 In the last month 0.6376 0.6675 The Aussie dollar has made a remarkable recovery to hit a 3 month high against the US dollar at 0.6675. As the world entered the economic downturn caused by COVID-19, the Australian […]

Best Ways to Take Money to Japan

How to Pay for Things in Japan Using a Card

Japan has a blend of a modern economy and traditional payment customs, creating a unique payment culture. Although cash is still the most preferred and accepted mode of transaction, other forms of payment are gradually being embraced. The following is how to make payments in Japan by using cards, digital wallets and more. Debit card Travel Money Prepaid Cards Credit cards IC cards   Payment Options in Japan The payment system of Japan is rather eclectic, where old and new purchasing options coexist in harmony. Even though Japan is one of the most technologically advanced nations, currency is still the […]

Australian dollar recovers nearly 10 cents off recent lows

In short The Australian dollar has risen from 55 cents to 64 cents against the US dollar Money that flooded into US dollars as investors seek the safety of ‘safe haven’ assets is now flowing in the opposite direction The AUD has also gone up against the Euro, Yen and British Pound Time Open Low High Today 0.6384 In the last week 0.6133 0.6444 In the last month 0.5530 0.6444 The Australian dollar has bounced back after it fell to 55 cents less than a month ago. It has rallied more than 9 cents against the US dollar but has […]