Travelling to Japan soon - possibly good time to Purchase YEN - Wise.com (1 AUD = 100.951 JPY)

mshanann on 03/11/2025 - 15:36
Last edited 03/11/2025 - 17:40 by 1 other user

You can instantly obtain a digital mastercard
You can request a physical visa card (for $6) - and you still get the card details for electronic use effectively instantly.

Get yourself a referral from here: (you get a free card or zero fees on a transfer up to A$1,000.)
https://www.ozbargain.com.au/deals/wise.com

Having created the account, click Add Money. Select Japanese Yen. Pay in AUD. Pay with Pay ID / bank transfer / credit card or debit card.

1 AUD = 100.951 JPY

Disclaimer - Not financial advice - and I don't have a crystal ball - But if you are happy to lock in that particular conversion rate and intend on travelling to Japan soon, then it may be worth considering this forex.

Travel Currency Exchange

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Comments

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  • jv on 03/11/2025 - 15:48
    +4

    Great Time to Purchase YEN

    Financial advice?

    Do you have a Financial Services license?

  • scotty on 03/11/2025 - 15:48
    +4

    You might want to put a disclaimer that it is not a financial advice :)

    With Sanae Takaichi's economic policy similar to Abe Shinzo's, who knows whether the YEN is going to dive further.

  • Far Cough on 03/11/2025 - 16:33
    +1

    targetted for those going to japan

    • n3ck3ntry8bort0rgasm on 03/11/2025 - 16:55

      no I buy a lot of japanese items using a amazon jp account. often times the prices even after shipping/fees is cheaper than buying from amazon jp via amazon au.

      • eltito on 04/11/2025 - 10:19
        +1

        Interesting - do you use a shipping forwarding service to get your items from Japan > Australia? If so, do you mind advising which one you use?

        I know there are some items are that exist on amazon jp and of which are also available internationally (via amazon.com.au), but I'm assuming from your post you actually have an amazon JP account and manage to get it shipped to Aus?

        I ask because I am keen on buying some weightlifting shoes of which are available amazon JP - but do not ship internationally. I actually managed to buy a pair when I was in Japan last, but unfortunately, they were a tad too tight and I didn't have time to exchange

        • n3ck3ntry8bort0rgasm on 04/11/2025 - 16:30

          I'm assuming from your post you actually have an amazon JP account and manage to get it shipped to Aus?

          yes. what I did was:

          1. go to amazon jp in PC browser
          2. create an account (you can use the same email as your amazon au account. everything will be in japanese, I used my phone to translate and navigate).
          3. this was the part where it only worked one way, I think I added my address first in australia. then I added payment method (card). <—- if this order doesnt work, try adding payment method first, then address second.

          then you will see delivery fees to your location next to the price of every item (the larger the item the delivery becomes expensive very quickly, but I order mostly smaller to medium items). I often bundle items together and shipping gets a little cheaper (for smaller items it doesn't add up shipping like 1 + 1 + 1, i usually save about 10%~20%).

          keep in mind I did this over a year ago. I'm not sure now if you will be able to add a au address currently, I noticed amazon au has integrated amazon jp items a lot more recently.

          but since I already have a jp account with a au address I can still make orders.

          (also if you are often using the app, it's a bit of a run around to switch between AU and JP every time and sign in and out (app doesn't allow you to sign in with more than 1 account). you have to sign out, switch it to JP (and it always bugs out at this stage if you try to sign in, you have to fully close the app from app switcher, then open it again before you sign in with your jp account), sign in.

          then the same if switching back to AU, sign out, switch country back to AU, close the app fully from app switcher, open app, sign in with AU account) <—- it sounds like a nightmare but after you do it a couple times you can do it 100% without thinking.

          which are available amazon JP - but do not ship internationally.

          yes this is another reason I use it. plenty items on amazon jp that ship to australia. but browsing from amazon au you get a very limited selection.

  • n3ck3ntry8bort0rgasm on 03/11/2025 - 16:55
    +1

    1 AUD = 100.951 JPY

    it was 101 few hours ago. 😎

    • simplystu on 04/11/2025 - 00:43
      -1

      103.09 if you go with someone other than Wise.

      Hint … Far better options out there than Wise … Just saying.

      • sydguy18 on 04/11/2025 - 07:36
        +1

        which other companies give a better exchange rate and ease of use than Wise?

        • jellykingdom on 04/11/2025 - 10:11
          +1

          I also am pretty intrigued by this comment with no further information to support it

      • askbargain on 04/11/2025 - 10:19

        Me when I lie

      • n3ck3ntry8bort0rgasm on 04/11/2025 - 16:34

        not sure why you mention wise?

        I didn't mention that. I check by typing it in google search regularly and just seeing it go up and down.

        as I said in the other comment I check for shopping stuff from japan. not trying to invest in anything and I can't afford to go on holiday there.

  • JIMB0 on 03/11/2025 - 17:16
    +1

    Is this financial advise?

    • jv on 03/11/2025 - 18:08
      +1

      No, it is "financial adviCe"…

      • JIMB0 on 04/11/2025 - 12:16

        thanks for the adviSe 😉

  • tenpercent on 03/11/2025 - 18:37
    +2

    If this post needs a disclaimer, most of the posts and replies here should need disclaimers.

    • n3ck3ntry8bort0rgasm on 04/11/2025 - 16:35

      woww did not know ozb had it's own version of wallstreetbets. 😂

  • PissLUR on 03/11/2025 - 20:28

    101 yen now.

  • Benoffie on 03/11/2025 - 21:53

    Geez not bad!

  • jellykingdom on 04/11/2025 - 10:13

    I went to Japan mid last year and it was pretty much exactly the same (actually better!). I really wouldn't overthink it.

    You reckon 1-2% difference is going to a deal breaker for you?

    • Undercut 2241 on 04/11/2025 - 12:00

      In 2024 from July to August the yen dropped almost 10% so I'd say stability concerns are quite valid

  • Dollar General on 04/11/2025 - 11:30
    +2

    Buy half now and half later if you are unsure

    Unless you are transferring tens of thousands of dollars, really the difference is minimal

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