Topless Snowboarding Nun 0 Posted September 17, 2009 Share Posted September 17, 2009 Hey, hi I am planning a trip to Japan, well a possible trip to Japan, and wondering how the exchange rates are for other currencies? The UK pound hasn't really bounced back and is still around 155 yen to the pound, so Japan is still looking expensive. I heard that the Australia currency has bounced back to a certain extent? How's it all looking at the moment from where you are, those people living outside Japan. Hope we can make it this season! Link to post Share on other sites
HelperElfMissy 42 Posted September 17, 2009 Share Posted September 17, 2009 bounced back to some extent, but not at the highs it was at immediately before the GFC. However Japan is cheaper than Aus to get accomodation, lift passes, eat etc so even with a slightly devalued currency going in it is worth going. Link to post Share on other sites
pie-eater 207 Posted September 17, 2009 Share Posted September 17, 2009 Yep the pound doesn't seem to be able to pull itself up out of the under-160 regions. Link to post Share on other sites
Jynxx 4 Posted September 17, 2009 Share Posted September 17, 2009 with 8 % unemployment ? It is still an overrated currency. Link to post Share on other sites
window-cleaner 0 Posted September 17, 2009 Share Posted September 17, 2009 Would help to nudge back a bit more in our favour Link to post Share on other sites
Tubby Beaver 209 Posted September 17, 2009 Share Posted September 17, 2009 Originally Posted By: pie-eater Yep the pound doesn't seem to be able to pull itself up out of the under-160 regions. shhh.....don't tempt fate Pie-eater!! sorry Topless Nun!! (not a sentence I'd ever thought I'd say/type!) Link to post Share on other sites
thursday 1 Posted September 17, 2009 Share Posted September 17, 2009 Topless Nun Link to post Share on other sites
thursday 1 Posted September 17, 2009 Share Posted September 17, 2009 But seriously, don't hold your breath. Strong yen is here for quite a while. Link to post Share on other sites
hellyer 216 Posted September 18, 2009 Share Posted September 18, 2009 Yes the oz dollar has bounced back chiefly because interest rate cuts are finished and our central bank is now talking modest rises to come. A simple fact - Reducing interest rates = AUD falls against the yen. Rising rates = AUD increases against the yen. These are not the only reasons, but are a good indicator. ergo - so while better currency rates are good for our trips to Japan we are paying more on our mortgages. Link to post Share on other sites
Go Native 70 Posted September 18, 2009 Share Posted September 18, 2009 Mate just re-mortgage the house to afford a longer trip! Australians have always found ways to live well beyond their means Link to post Share on other sites
biri 0 Posted September 18, 2009 Share Posted September 18, 2009 hi nun try this buy 5000 or more yen each week , put it away in a safe place . by the time you go on vacation , you will have your spending money without the drama of a fluctuating pound . nobody on this forum can predict currency movements , especially 3 months down the track . last week i bought 10,000 yen for $130 oz [ crown ]. 5000 yen is just one less shout in an english pub , you will not miss it [ i hope ] . in 2008 japan was very cheap for us in 2009 it was expensive but still great . the main thing is to , not miss japan . Link to post Share on other sites
RobBright 35 Posted September 18, 2009 Share Posted September 18, 2009 5000yen is about 35quid. Not so much a shout but a night out in some places. BUT a good idea nonetheless Link to post Share on other sites
Yyonnx 0 Posted September 18, 2009 Share Posted September 18, 2009 4 months out, mid Jan, snowing hard Yen/$ range will be 93-87 if that helps. AUDJPY much more dif for me to call having never followed it but am being told by those who do around 82 for mid January. Link to post Share on other sites
RobBright 35 Posted September 18, 2009 Share Posted September 18, 2009 On what basis? Link to post Share on other sites
Yyonnx 0 Posted September 18, 2009 Share Posted September 18, 2009 the trend my friend Link to post Share on other sites
TJ OZ 0 Posted September 18, 2009 Share Posted September 18, 2009 The trend my friend lost a lot of people a lot of money 12 months ago. Nobody can say what the exchange rate will be. Probably tomorrow it will be one penny up or one penny down (I am happy for Tlen to come back in Jan and ridicule me if he is correct) Best bet is to buy some now and some later. Hedge your bets and take the average. Link to post Share on other sites
NoFakie 45 Posted September 18, 2009 Share Posted September 18, 2009 I can't see the pound doing anything much for a while. Australia has had an equally crazy housing boom and collapse in interest rates, but at least they've still got lots of stuff to pull out of the ground. Nat gas, uranium, bauxite, etc. That's what's led the Ozzie dollar back up methinks. Rudd also sounds much more capable than Brown. I've just watched the UK Dispatches documentary about middle class unemployment and it were well grim. As a nice touch, it was narrated by Bernard Hill, old Yosser Hughes himself. I think we're looking at a much bigger recession now than then, diddled official figures aside. Link to post Share on other sites
Yyonnx 0 Posted September 18, 2009 Share Posted September 18, 2009 Ridicule, chastise? No, I was trying to be helpful using the knowledge I have of charting over the last 17 years to those that might not be following the markets every day. I'm paid in yen and don't care where it is but I think it's the range you can expect for Jan next year. Link to post Share on other sites
Yyonnx 0 Posted September 18, 2009 Share Posted September 18, 2009 ps especially if it helps the Topless Snowboarding Nun make it to these shores! Link to post Share on other sites
RobBright 35 Posted September 18, 2009 Share Posted September 18, 2009 Trouble is Tien that this kind of recession hasn't happened in the last 17 years Link to post Share on other sites
Yyonnx 0 Posted September 18, 2009 Share Posted September 18, 2009 srry, Rob and TJ, I guess I can't say that...many apologies to all those who might have read the truly outrageous remarks Link to post Share on other sites
thursday 1 Posted September 18, 2009 Share Posted September 18, 2009 that kind of messing about can hurt people. Link to post Share on other sites
RobBright 35 Posted September 18, 2009 Share Posted September 18, 2009 What's within spitting distance? Link to post Share on other sites
Yyonnx 0 Posted September 18, 2009 Share Posted September 18, 2009 beer OClock I hope !! Link to post Share on other sites
RobBright 35 Posted September 18, 2009 Share Posted September 18, 2009 And also a 6 yen range is a given on most future sites of the $ vs yen. Link to post Share on other sites
Recommended Posts