Currency Exchange on Your Trip to Japan
Japan is a cash-based society, making currency exchange a crucial part of the travel process. Here’s everything you need to know about currency exchange in Japan.
Japan
How to Get Cash in Japan – Withdrawing Money at ATM
Japan is a highly technological country, yet withdrawing cash from an ATM with a foreign card can be challenging. Most Japanese bank ATMs do not accept foreign-issued cards, with SMBC Bank being a notable exception. But there are some effective strategies that can help make the process of getting cash easier. Seven Bank ATMs (7-Eleven Stores) are the best for foreign cards.
Do You Need Cash in Japan?
It is quite ironic that in a country usually associated with high technology, the culture of cash has not been completely eroded. Cash is still king in Japan, with 80% of consumer transactions made in cash. This is because people in Japan have embraced cash usage, and the country’s low crime rate makes it safe to carry cash.
2023 AUD JPY Dollar Forecasts
This article shows what banks are predicting for the AUD to JPY exchange rate over the long term in 2023. The 2024 AUD JPY Forecasts are out now With most of 2023 out of the way, attention turns to 2024. Now that most economists have released their predictions for the AUD JPY exchange rate, head here to find out the most up to date forecasts:
Best Travel Money Cards for Japan
Whether you’re aiming to experience Tokyo’s bustling cityscape or Kyoto’s serene temples, selecting the right travel money card is great for managing your finances smoothly. Traditionally, Japan relied heavily on cash. In the last 6 years however, the use of foreign currency in cash has been falling. You will likely pay for accommodation and restaurants with a card. So, which is the best travel card to take with you? We have compared the best travel money cards to take to Japan in 2024 and have summarised their best points.
Heading to Japan? The AUD to JPY just hit a 3 year high
This week, the AUD to JPY exchange rate has risen to its highest level in over 3 years. It has been a tale of 2 stories. Firstly, the Australian dollar has been getting stronger against many major currencies. Secondly, and more importantly, the Japanese Yen has been much weaker. This means that it is now one of the best times to buy Japanese Yen with Australian Dollars in 2021. The Japanese yen has fallen in recent weeks, not just against the Australian dollar but against most other major currencies like the US dollar and Euro. Higher energy prices have driven […]
