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:
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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 […]
The best time to buy Japanese Yen with Australian dollars in the last 12 months was on November 16, 2023. This is because the AUD/JPY hit 98.477. The same applies to anyone transferring money to Japan. In contrast, the worst time in the past year was on March 25, 2023. The same rate bottomed out at 86.79 compared with the current rate of . While it’s nearly impossible to time the market perfectly, if you are travelling to Japan and need to buy yen, a higher AUD/JPY exchange rate rate is better for you. It means that you will […]
Japan is renowned for being technologically advanced yet cash is still the most predominant payment method across the country. In fact, four out of five purchases are still made with cash. Which raises the question: what’s the best way to take money overseas, specifically to Japan from Australia? With foreign-friendly ATMs still somewhat elusive and over-the-counter card payments patchy, the best way to take money to Japan involves combining a number of options: Paying with your Australian debit card Buying a prepaid travel money card Paying with a credit card Taking Australian dollars to exchange in Japan Buying Japanese yen […]
Japan is one of those destinations people dream of visiting. With the majestic Mt Fuji rising over an undulating landscape, what’s not to love? The mystifying blend of traditional and modern cultures, from the geisha culture of Kyoto to Tokyo’s robot restaurants, makes Japan a destination that never fails to delight and surprise its visitors. If it’s your first time going to Japan, it’s hard to know what your savings target should be for everyday expenses. The amount of money you’ll want to take with you to Japan depends on how you prefer to travel and how long you’ll be […]
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