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Topic: Currency warning! $1 = ¥100

#AuthorMessage
11
Mr X
Thu 3/13/2008 5:30a
Thanks, Nezumi! (long time no chat, eh?)

I'm afraid we might be running up against something similar! (hopefully not!)
12
Mr X
Thu 3/13/2008 6:03a
Actually a big mac is ¥290 at my local store (anything for the cause *urp*). ;)
13
SuperDry
Thu 3/13/2008 7:14a
I remember the yen in the 80's in 1995. Ouch! With it at 100 now, it's hard to believe that it was 115 just 3 weeks or so ago.
14
trekkeruss
Thu 3/13/2008 8:56a
According to the history, when I was there in 2001, the dollar was bringing 119.29 yen. I remember just thinking 1-2-1 though. My previous trip in 1993 it was 111.10, and in 1986, 162.20.
15
Mr X
Thu 3/13/2008 6:09p
86 must have been nice, Russ!

The highest I recall was in 98, when it was at 146. That was great for me, as I was in Japan but earning U.S. dollars. I would change a thousand bucks at a time, and it felt like I was getting an "extra" 500 bucks each time!

Then the U.S. bailed Japan out, bought tons of yen, and the price crashed. That sucked.
16
Gone4Good
Thu 3/13/2008 8:46p
"Well, a one-day passport would be about $58.00. (5800yen)"

It's still cheaper than Disneyland in Cailfornia!
17
Mr X
Fri 3/14/2008 12:06a
True. It was MUCH cheaper though (in dollars) even a few weeks ago.
18
SuperDry
Fri 3/14/2008 12:20a
<<< It was MUCH cheaper though (in dollars) even a few weeks ago. >>>

That would have been a good time to move some dollars into yen - one could have made a handsome profit in a short period of time.
19
The Goddess Mara
Mon 3/17/2008 10:43a
I can add for beans, so I simply put the tip of my thumb over the last two digits and assume that what I can still see is the dollar amount. Works fine.
20
Mr X
Mon 3/17/2008 6:37p
I do that too Mara. lol.

With the yen today at around 97 to the dollar, that works out quite well. If it dips much below 95 though, unfortunately you might find yourself overspending using that calculation.

If it dips all the way to 80 or lower, which is what some are projecting, something that you think is 10 bucks is actually closer to 15 bucks, and that could lead to paying too much for something you thought was reasonably priced (relative to the dollar, of course). Ugh...yikes.

I MISS $1 = ¥140!!!! :p


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