By MOOK Scenic Spots Editorial Team
The U.S. presidential election result was announced on the afternoon of November 9 Taiwan time, with Trump elected. For travel enthusiasts, the focus is on how Trump’s victory will impact foreign exchange rates, especially for those planning trips to Japan, where the yen exchange rate is of utmost concern. In the case of Trump’s election, the trend for the yen is upward. Those looking to exchange currency may want to watch the timing and convert early.
Trump Elected U.S. President: Yen Seen Rising (Photo / MOOK Scenic Spots)
In contrast to the yen's rise, the euro and British pound have fallen, with the euro trading around 34.9 against the New Taiwan Dollar and the U.S. dollar initially dipping before showing signs of rising, at around 31.7. On November 10, the yen traded at 0.3024 against the New Taiwan Dollar. Those needing to exchange currency for upcoming travel should keep an eye on these trends.
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