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Topic

How to Buy Japanese Yen

Other
#1
  • 将吾
  • mail
  • 2022/06/26 11:16

The yen is very cheap historically and I want to buy it, but where can I buy yen ?
Please let me know if you are familiar with banks with low commissions, online, FX, etc.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#12
  • 将吾
  • 2022/06/28 (Tue) 10:00
  • Report

Mr. Bokeh

I'd like to go for about $50,000.
I have a lot of cash positions right now.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#14
  • ボケ
  • 2022/06/28 (Tue) 13:14
  • Report

♯ 1 I'm looking for a money changer because of the weak yen

I have about $100,000 to spend ?

Grandpa, $100,000 is a lot of money and the exchange offices are not prepared for that, so I'm going to the bank

I'm a money changer and they're in business, so I have about $100,000 to spend
( So much for the money exchange )

From there the old man # 8

The old man, just exchanging money doesn't generate profit.
I need to write down how to make a profit.

I am not a volunteer at the exchange, so I do make a profit


And from talking about the exchange, # I start to write something ridiculous like 1 profit
from # 10

don't change the subject on your own ~
this is becoming a common conversation in dementia that only he can understand
incoherent

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#15
  • 呆れた
  • 2022/06/28 (Tue) 13:36
  • Report

Showa is disabled.
With the addition of old age, he is unable to speak properly.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#16
  • 両替商
  • 2022/06/28 (Tue) 16:49
  • Report

#11Shogo
The commission is against the exchange rate. 1 dollar = at 100 yen
is calculated as 103 yen
with 3 yen commission when buying dollars and 97 yen when the opposite is true.
In terms of exchange only
this 3 yen commission is roughly the same at Japanese bank exchange centers, Japan Post Bank, etc.
My experience when buying dollars is that it is more advantageous to have them sent by wire from bank to bank than 3 yen.
( In my case, Mitsubishi UFJ → UNION BANK)

On a side note,
If you are talking about money exchange, you can make money if there is more than 6 yen difference in exchange rate.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#20
  • 呆れた
  • 2022/06/29 (Wed) 10:23
  • Report

19

You don't know what's off the mark until I ask you, because you're incompetent.
You can't think, no wonder you can't do your job.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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