The lowest Japanese yen exchange rate in 10 months reappears with a 0.27+ figure

By MOOK Scenic Spots Editorial Team, compiled and reported

Since the U.S. presidential election, the Japanese yen has continued to depreciate due to the strengthening of the international dollar. On December 12th, according to the latest exchange rate posted by Taiwan’s Bank, the cash exchange rate for the yen against the New Taiwan Dollar dropped below 0.28 shortly after opening, and continued to decline to 0.2789 (at 10:07 AM), meaning one New Taiwan Dollar could be exchanged for 3.58 Japanese Yen, marking the lowest level in 10 months—a major boon for travelers heading to Japan.

U.S. President-elect Trump is expected to roll out economic stimulus policies that will boost inflation, which has also caused the yen exchange rate to decline steadily, falling below the 0.28 mark again in less than a month. If you exchange 10,000 New Taiwan Dollars, on November 8th you could get 32,873 Japanese Yen, but today you can get 35,855 Yen—an extra 2,982 Yen, enough to buy a Tokyo Disneyland ticket and have some change left over.

Travelers planning to visit Japan can seize the opportunity. With the recent economic stimulus measures in the U.S., the market expects the Japanese government to respond accordingly. Coupled with Japan’s prime maple leaf viewing season and the upcoming winter Christmas light festivals, now is a great time to exchange your yen and plan a special winter trip to Japan.
 

[Update] 0.2788 (2016/12/13 09:45)
[Update] 0.2792 (2016/12/14 15:36)