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Exchanging Won to Japanese Yen

 
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Toon Army



Joined: 12 Mar 2007

PostPosted: Tue Sep 11, 2007 7:23 pm    Post subject: Exchanging Won to Japanese Yen Reply with quote

I'm heading off to Japan for a short while and will need to exchange won (about 2.3m won) to Japanese Yen

Is this a good time to exchange? I know a short while back the the Yen was very weak but don't know how it is now.

I have US dollars also but I think exchanging the Korean Won would be better? Is that correct?

Also, if you have a link to the latest exchange rates (won/USD to the Yen) that would be much appreciated

And, where would be the best place to exchange? the usual banks?

Thanks in advance
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Michelle



Joined: 18 May 2003

PostPosted: Tue Sep 11, 2007 10:49 pm    Post subject: Get it at the bank.. Reply with quote

Hi There,

From previous experience I recommend getitng it exhanged at the bank before you leave for a better rate. Just ask for 'en' and 'eel bon don' (japanese money). Always found once you are on the way it becomes a rip. I don't know the current exchange, sorry.

Cheers,


Michelle
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mytime



Joined: 15 Oct 2006

PostPosted: Wed Sep 12, 2007 1:30 am    Post subject: Reply with quote

http://finance.yahoo.com/currency
You can enter the various currencies there and also scroll down and check the recent charts to see where the exchange rates' been
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Toon Army



Joined: 12 Mar 2007

PostPosted: Thu Sep 13, 2007 5:31 am    Post subject: Reply with quote

can you exchange Won in Japan?

anyone else confirm it's better/worse to change the Won in Korea or Japan? thanks again!
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Thu Sep 13, 2007 5:49 am    Post subject: Reply with quote

Toon Army wrote:
can you exchange Won in Japan?

anyone else confirm it's better/worse to change the Won in Korea or Japan? thanks again!


It is difficult to exchange won to yen in Japan and you WILL get a REALLY BAD rate. (20% less than changing it in Korea)

Change it here or use your plastic / credit cards.
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kat2



Joined: 25 Oct 2005
Location: Busan, South Korea

PostPosted: Thu Sep 13, 2007 3:19 pm    Post subject: Reply with quote

Change more than you think you will need before you go. Getting money in Japan is difficult. Most banks won't take your ATM card (I mean your home card, not Korean. Your Koean card won' work anywhere outside of Korea probably). You have to go to the central post office and use the ATM there. Major pain in the ass. YOu can always change it back at your local Korean bank if you don't end up spending all your yen.
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thu_tinh



Joined: 27 Sep 2006

PostPosted: Sun Sep 16, 2007 8:49 pm    Post subject: Reply with quote

does anyone know the reason why its difficult to pull out cash from ATMS with a foreign card? in Hong Kong and Korea I can do it so easily and I thought Japan would be the same?
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