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Japan Updated | Yen hits ¥160 to $1 — Exchange Rate Chaos | What is the impact on Foreign tourists?



Japan Updated | Yen hits ¥160 to $1 — Exchange Rate Chaos | What is the impact on Foreign tourists?

Japanese Yen hits ¥160 to $1 — Exchange Rate Chaos. What happens at ¥160? What is the impact on Foreign tourists?
End of April 2024, the US dollar soared to ¥160, marking a historic low for the Japanese yen, unseen in over three decades.
For those who’ve visited Japan in recent years, this is a staggering development.
Just three years ago, it’s hard to believe, but the US dollar stood at ¥108, and 15 years back, it was around ¥80.
The Japanese yen is now about 50% cheaper than it was 15 years ago, but this has also caused some problems for foreign tourists.
In this video, I delve into how the current exchange price affects foreign tourists and Japanese people based on the actual interview results. And I will also tell you what to be careful about when foreign tourists come to Japan, and the future forecast of exchange rates based on the trends of governments in Japan and around the world.
By watching this video, you’ll gain insights into what offers value and what warrants caution when traveling to Japan. Please watch it until the end in order to have a reasonable and enjoyable trip to Japan.

⭐️CHAPTERS⭐️
0:00 Opening
1:37 1.Impact of the Weak Yen on Foreigners
2:54 2.Point of Caution
5:21 3.Impact of the Weak Yen on Japanese
6:34 4.Future Prospects

⭐️Related Videos⭐️
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JAPAN TOURISM HAS CHANGED | 9 New Things to Know Before Traveling to Japan | Travel Guide for 2024

Don’t come to Japan during these months | Best time and Bad time to visit Japan | Travel Update 2024

JAPAN HAS CHANGED | 10 New Things to Know Before Traveling to Japan 2024 | What’s New?

⭐️Information⭐️
Japan’s yen tumbles to 34-year low; US dollar gains after inflation data
https://www.reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
Holiday Money Report 2024
https://www.postoffice.co.uk/travel-money/holiday-money-report
US Fed skips rate hike, keeps interest rate unchanged between 5.25% – 5.5%
https://www.aa.com.tr/en/economy/us-fed-skips-rate-hike-keeps-interest-rate-unchanged-between-525-55-/3170032#
Overtourism Returns: Foreign Visitors Must Be Informed of Proper Etiquette

Overtourism Returns: Foreign Visitors Must Be Informed of Proper Etiquette


Beware the rise of overpriced “Inbound Don” at tourist spots in Japan

Beware the rise of overpriced “Inbound Don” at tourist spots in Japan

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View 18 Comments

18 Comments

  5. @2226robin on

    If take a look at the international market, the weaker yen that make the Japan products are cheaper in international market, that the only way to compete to China products. Japan can sell more products in international that is better the Japan employments and Japanese cannot go to overseas but take vacation in Japan spend money inside Japan that is a win win situation. Another win situation with the lower yen more foreign tourist came to Japan and spend money in Japan.

  6. @TheMrApocalips on

    Hello! In which episode you interview tourists from Poland? From end of pandemic restrictions we probably have best time to visit Japan. Greetings from Poland!

  8. @psprog on

    I thought I was locking in a good rate last year after my first trip (had £100 left on my Suica at ~170 to GBP). When I was over last month it was 192 and I looked the other day it was 197! I'm over again in July – I wonder if it will break the 200 yen to GBP mark?

  15. @sanjikun17 on

    Hi bro i will be in Japan for mid-october, do you think it's better to do money change now or to wait more the decrease of yen money ? thanks for your videos and advice i love your work !