Yen hits new lows again—perfect time to exchange after cherry blossom season

By MOOK Scenic Spots Family / Compiled and reported

Affected by international situations (such as North Korea's missile tests and the French presidential election), the safe-haven currency yen once surged in value. During the peak of cherry blossom season, many travelers to Japan had no choice but to exchange at higher rates despite the expense. Recently, the New Taiwan dollar has strengthened, the US dollar has weakened, and the yen has also fallen back to a bank selling rate of 0.2737, marking a rare opportunity to exchange yen at a rate below 0.275.

[Updated 2017.05.02]
The yen has hit a new low, with a bank buying rate of 0.2629 and a selling rate of 0.2706 (Yongfu Bank), and it’s almost dipping into the 0.26 range.

In May, many people will visit Ashikaga Flower Park to admire the vast purple wisteria blooms or head to Hitachi Seaside Park to see the bluenemophila flower fields. May is also the birthday month of Tokyo Skytree—those planning a trip to Japan should take advantage of the current opportunity to exchange yen.
 

A boundless sea of blue flowers—the romantic spring at Hitachi Seaside Park