Japanese Yen hits ¥160 to $1 - Exchange Rate Chaos. What happens at ¥160? What is the impact on Foreign tourists?
End of April 2024, the US dollar soared to ¥160, marking a historic low for the Japanese yen, unseen in over three decades.
For those who've visited Japan in recent years, this is a staggering development.
Just three years ago, it's hard to believe, but the US dollar stood at ¥108, and 15 years back, it was around ¥80.
The Japanese yen is now about 50% cheaper than it was 15 years ago, but this has also caused some problems for foreign tourists.
In this video, I delve into how the current exchange price affects foreign tourists and Japanese people based on the actual interview results. And I will also tell you what to be careful about when foreign tourists come to Japan, and the future forecast of exchange rates based on the trends of governments in Japan and around the world.
By watching this video, you'll gain insights into what offers value and what warrants caution when traveling to Japan. Please watch it until the end in order to have a reasonable and enjoyable trip to Japan.
⭐️CHAPTERS⭐️
0:00 Opening
1:37 1.Impact of the Weak Yen on Foreigners
2:54 2.Point of Caution
5:21 3.Impact of the Weak Yen on Japanese
6:34 4.Future Prospects
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⭐️Information⭐️
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1 июл 2024