fitear1590 2414 Posted May 15, 2013 Looks like the US dollar is finally getting the upperhand on the yen. The dollar reaches its highest value in 4 and a half years compared to the yen.A few months back, the dollar was really sucking, making importing CDs especially painful. I remember it being as low as 78 yen to 1 dollar at one point (maybe 6 months ago?). Then in January, I noticed a sharp rise in the value of the dollar. According to a post I made on January 2, it went up to 87 yen. NOW in May, it's about 102 yen to 1 dollar.That means you're getting over 20% more bang for your buck (or yen), when you're importing CDs, compared to just a few months ago!The Euro also reached a 3 year high against the yen recently.How are other currencies doing against the yen? SOURCE: http://articles.economictimes.indiatimes.com/2013-05-13/news/39228846_1_yen-currency-intervention-aggressive-monetary-easing-programme Share this post Link to post Share on other sites
Seimeisen 4406 Posted May 15, 2013 I am very happy about this! I have been watching the USDJPY since last December when it hit about ¥80 and everyone started predicting Yen weakness. I remember last June when a full-length album from CDJapan would cost anywhere between $50~80. I know at one point last year (or 2011), it reached about ¥74.90 or something. Share this post Link to post Share on other sites
Biopanda 2675 Posted May 16, 2013 Feels good, man.(makes converting really easy as well lol) Share this post Link to post Share on other sites
Ito 2438 Posted June 1, 2013 (makes converting really easy as well lol)Haha, this. It just needs to stay at a constant $1 = 100 yen. Share this post Link to post Share on other sites