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U$ Money & Japanese ¥en
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on 2006-09-01 15:55:23 |
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Ok, I was doing some research on Wiki, but I still don't get it and how much money US dollars are in Japan, and stuff like that. So I decided to make a thread so I can get an idea for the future (hopefully). Hope it's not a repeated thread. Can anyone help me with some info that they know? Info like, how Money in America, costs in Japan? Ex: You have... America = $50.00 Japan = ¥??? I'll do further research as well, when I get some free time and when my internet business will be handled. Thanks a lot! XD 
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Re: U$ Money & Japanese ¥en
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on 2006-09-01 20:21:25 (edited 2006-09-01 20:22:28)
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when was in japan, the exchange rate was $1.00 = ¥105 (too bad for me!) you can go to xe.com to view the current exchange rate. 
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Re: U$ Money & Japanese ¥en
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| Just keep in mind what you find on a currancy website might have changed by the time you actually arrive in japan. That happened to me when I went. Thought I'd get 120 per dollar only got 112.5 >.< |
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Re: U$ Money & Japanese ¥en
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The Yen rate tends to hover between ¥105-120 to $1USD. If you're in a larger city, usually the banks will have the daily exchange rate posted. Though, for all extensive day-to-day purposes, move the decimal to the left twice on the Yen price. Unless you're pushing some serious business merchandise, the fluxuation won't be TOO much of a concern. Well, then again. Unless you are like a certain Japanese college guy ex-roomate of mine who would've been scrapping up on yakisoba and pizzamon from work if I didn't live with him. Those ¥1's are like a blessing close to payday, and the ¥5 like a Godsend. There's also the places near military facilities, usually the Joint Forces as opposed to the dominantly US run bases, which may have a few Lawsons or a Daiei with the Yen rate posted. So, for your example: America = $50.00 Japan = ¥5000 for practical purposes. Ah, the ¥5000 bill. It felt so good to see you come out of the ATM, yet so bad paying that confounded Road Tax and my confounded ¥250000.00 car insurance. Even though it was for every 3 months. |
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Re: U$ Money & Japanese ¥en
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by
on 2006-09-06 12:59:55 |
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Hmm, so the ¥ amount is different throughout the areas in Japan depending on the surrounding environment like if you're going to a grocery store or supermarket, the ¥ would be smaller, but if you would go to like, as you said, a Merchandise store, the ¥ amount would be much greater. So how do you actually learn this stuff without using some site that just changes a typed down amount of U$D that changes into Japanese ¥en? Kind of similar on how Americans learned the Money System here, I guess... Of course it's easier if you actually live in Japan, but are there books and whatnot? If there is, I'll search for it while I'm searching for my Japanese Book (language book). ^_^ Thanks for the help~!
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Re: U$ Money & Japanese ¥en
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No no no, the prices are all the same. I'm just saying that the difference in Yen to Dollar won't add up significantly until you start exchanging a lot of money. Pennies, to be exact. 3 cents here or there won't matter in the small purchases, but that 3 cents against every dollar will add up if you're buying, for example, a car and the dealer tries to give you their own little exchange rate. Happens a lot between foreign countries. While it's convenient for small purchases, it's a ripoff for the larger once. The way I figured it out is, other than people saying "A Yen is pretty much a dollar" when I got there was their denominations. Barring the fractional difference in currency, the Yen is essentially equal to the US penny. The Japanese denomination of Yen counts by each yen no matter how high the coins and bills may go, where as we count in Dollars after getting past 100 cents. Where as we have 1, 5 and 10 dollars, the Yen runs 1, 500, and 1000 Yen. Their denominations are counted the same, simply labled differently. So, if the Yen rate is $1USD = ¥140(I wish), then it will take 140 Yen to add up to one dollar. Your best bet is to exchange the money at a bank. Preferrably a busy one. The Japanese tellers would give you what you should get. As for books, just go to a bank when you're still in the states. They will have pamphlets with international exchange information. I'm fairly sure most banks in Japan have the books in English as well, but don't quote me on that. |
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Re: U$ Money & Japanese ¥en
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on 2006-09-07 14:14:23 |
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Hmm, I haven't been to a bank in years. Might ask my dad to look out for that sometime. I have a good idea of what you're saying now. Sorry if I screwed things around a bit. "Where as we have 1, 5 and 10 dollars, the Yen runs 1, 500, and 1000 Yen." Mostly, I see Japanese ¥en, ending in "0's". What if it was like: U$D = $182.00 Japan ¥en = ¥18200? Would that be correct? But from me quoting you above there, $1 = (is the same as) ¥1 except for anything else. Using cents as in moving the decimal point over two places? You also said that with dealerships and stuff, they might give you a personal exchange rate. I might be rushing things with trying to learn so much at a time with Japan. I'll see what I can do to learn about the US/Japan Money systems and what not slowly so I don't make mistakes like I might've in this thread; so please don't be mad at me.
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Re: U$ Money & Japanese ¥en
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Actually a penny is about equal to 1 yen. 100 yen is approximately equal to $1, depending on the exchange rate, but it's a decent way to quickly and easily figure out how much something that is priced in yen costs in US dollars. |