If you’re heading to Japan or planning a trip to the popular destination in the near future, exchange your Aussie dollars now.
Aussie travellers planning a trip to this popular Asia n destination should exchange their money now as the country’s currency plummets.
“To put that into perspective, this time last year 1 AUD was exchanging for around 87 JPY. And five years ago, it was only exchanging for around 63 JPY,” said Travel Money Group general manager Scott Mccullough. Now is a good time to exchange Aussie dollars into Japanese yen as it records historic lows against most currencies.
“The interest follows considerable reductions in airfares to many international destinations, with tickets from Australia to Japan sold through Flight Centre in February and March up to 21 per cent cheaper this year than last,” he said.New data released by Japan National Tourism Organisation shows the number of Aussies visiting Japan between January to March this year increased by 46.3 per cent compared to the same period in 2019, with visitors in March alone up a staggering 87.
She noted a pent-up interest in the winter snow sports, increased airline capacity and the current, favourable exchange rate is helping to make it even more of an attraction destination to visit. With the yen plummeting, a mid-range holiday in Japan that may have cost around $4,000 12-months ago, is now costing Aussies around $3,500, according to Flight Centre.
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