Job Discussion Forums

MrCAPiTUL · Joined: 06 Feb 2006 Posts: 232 Location: Taipei, Taiwan

Well, a weekening of a currency isn't necessarily a bad thing. Some businesses are better off as such (mainly industrial). You also have to consider that a week currency increases exports from your country. It makes your product less expensive relative to others on the global market. Not saying you want your currency to bomb! lol. But, a softening every now and again isn't a bad thing, necessarily.

I remember in the early 90s the yen seemed to be about the same rate it is now (as mentioned earlier in this post). It always seems to be around the 100-130 mark. I think the crux of this post is - how far does your salary have to lag behind inflation before you consider moving. Now THAT is really the bigger issue, it would seem. How far does your yen have to go for you to stay and be economically viable. Or, as analysts put it - what is your purchasing power parity? Even then, there are other factors that influence overal quality of life that may outweigh the lag.

Edit: btw, I read a post in this thread that said you get FIVE months vacation working at university in Japan? Is this true/common??

shuize · Joined: 04 Sep 2004 Posts: 1270

More evidence of just how much CNN sucks. Last night I was skipping through the channels when I stopped on CNN long enough to hear its financial reporter state: "the U.S. dollar is now at a 6 year low against the Euro and the Japanese Yen."

No, Jackass. It's not.

nomadder · Posted: Thu Jul 12, 2007 2:29 am Post subject:

Funny they didn't mention the CDN $ as it's almost on par. How long ago since that happened?
That story is even funnier since the Euro only came in to being 5 years ago.

shuize · Joined: 04 Sep 2004 Posts: 1270

nomadder · Posted: Thu Jul 12, 2007 9:35 pm Post subject:

Yes there is some mention of Canada in some context. Sorry to clog your mind. I'm sure you're busy thinking of Paris Hilton, CSI: Die Somewhere or Iraq. Wink

shuize · Joined: 04 Sep 2004 Posts: 1270

Yawarakaijin · Joined: 20 Jan 2006 Posts: 504 Location: Middle of Nagano

Wow, that was kinda weird. I was certain I was in the Korean forums for a second there. Wink

nomadder · Posted: Fri Jul 13, 2007 5:10 pm Post subject:

Second biggest country in the world but who's counting? Wink

mfaulkner · Joined: 14 Jul 2007 Posts: 14 Location: Salinas, CA

factr · Joined: 19 Jun 2007 Posts: 19

Given the situation, would I be better off converting my money:

From US to YEN in America

From US to traveler cheque in America

From US to YEN at airport/ in Japan

Right now 400 USD converted to Yen at a US bank gets about 46,000