I am travelling to Japan in July and would like to ask if anyone knows what the extended forecast is for the yen/AUD exchange? I understand that the AUD is falling against the US dollar, but it seems so far not to have moved much against the yen. I know fuck all about this stuff - does anyone perhaps have some more experience to tell me if I should exchange money now or not worry about it.
Thanks.
And hire a wifi/3G modem. It’ll mean you can use your phone/tablet and have internet everywhere. Ours cost about $100 for two weeks with unlimited data. We would’ve had a lot more trouble navigating without Google maps wherever we went.
Best rates I’ve got were from KVB on Collins. Though they have a tendency to sell out of yen if the rates are really good. If you can change AUD for more than ¥90, you’ll be in for a cheap time.
There’s also apps you can download (usually for free) and you can download maps for the cities your staying in, so you’re not using data. Our hotel had crazy good wifi, so I just downloaded the maps I needed before we left the room.
If you’re travelling to other cities, for a prolonged time, then pocket wifi services are totally worth it. So easy to arrange, as they send the dongle thing to your hotel, ready for use when you arrive.
@HMC, the degree to which a future change in the yen/aud exchange rate is known/expected will already be factored into the current rate. Basically, if you know someone who knows more than the market does then follow their advice (with caution!), otherwise hedge your bets blakey style or just ride it out #zen#fixie style and not worry if the exchange rate was better a few months ago.