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Is it cost-effective to exchange for Japanese Yen now? Simply put: Yes, but you need to choose the right method.
As of December 10, 2025, the TWD to JPY exchange rate stands at 4.85, compared to 4.46 at the beginning of the year, reflecting an appreciation of about 8.7% over the year. For those planning to travel abroad or looking to make investment allocations, exchanging for Yen is becoming a hot topic. Expectations of interest rate hikes by the Bank of Japan and the influx of global safe-haven funds have made the Yen one of the most stable choices besides the US dollar.
But here’s a key point: exchanging the same 50,000 TWD through different methods can result in a difference of over 1,500 NT dollars — which is like buying several more cups of bubble tea. So choosing the right channel is really important.
Why has exchanging for Yen become a trending topic now?
Three reasons make the Yen popular:
Surging travel demand: Tourism to Japan is recovering, with Taiwanese travelers' currency exchange demand increasing by 25% annually. Plus, Japanese merchants still primarily use cash (credit card penetration is only 60%), making cash exchange essential.
Hedging

Knowing the Hong Kong stock market opening hours is crucial for investors, as trading rules directly impact trading opportunities and profits. The HKEX is a major global trading platform, and its trading hours include pre-market auction and after-hours auction, as well as specific trading holidays. Investors should make good use of the characteristics of each time period and choose appropriate trading instruments such as funds, options, or CFDs to develop effective trading strategies.

In March 2021, American hedge fund manager Bill Hwang suffered a $20 billion loss in just two days, becoming one of the fastest modern-day losers on Wall Street. The root cause of this storm was—margin calls.
Bill Hwang Case: How terrible is the cost of high leverage?
Bill Hwang is a private equity fund manager whose winning strategy is simple: select promising companies and use大量 leverage to amplify returns. This strategy allowed him to grow his assets from $220 million to $20 billion in 10 years, once making him a prominent figure on Wall Street.
But leverage is like a double-edged sword. When the stock market experienced massive volatility in 2021, his holdings suffered heavy losses. Brokers, to protect themselves, directly forced liquidation of his stocks. Due to the large volume of stocks he held, the market couldn't absorb these sell orders, causing the stock prices to plummet rapidly, which then triggered chain margin calls.

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Fundamental support strength increases
Micron Technology recently released its first-quarter financial report, with performance exceeding market expectations. Revenue, gross margin, and earnings per share all surpassed analyst forecasts, while raising its capital expenditure target for fiscal year 2026 from $18 billion to $20 billion, fully reflecting the strong demand for memory chips. This move effectively alleviates market concerns about a potential slowdown in data center investments.
At the same time, the US November CPI data unexpectedly declined, providing the Federal Reserve room to cut interest rates; the Bank of Japan's rate hike decision has been finalized. The combined policy changes of the two major central banks and the improving corporate fundamentals are expected to gradually boost market risk appetite.
USD/JPY: Support remains solid, range-bound consolidation continues
On Friday (December 19), USD/JPY rose by 0.38%, reaching a high of 156.44 during the session, hitting a nearly one-week high. The key point to watch is that the 155.0 level also corresponds to the from May

By the end of 2025, the Taiwanese dollar against the Japanese yen has risen to a relatively high level of 4.85, leading to a surge in outbound travel and yen investments. But here’s the question: do you know the cheapest way to exchange foreign currency? For the same 50,000 TWD, some spend an extra 2,000 yuan unnecessarily, while others can do it for less than 500 yuan. The key is choosing the right currency exchange channel.
Is it worth exchanging yen now? Let’s look at these two signals:
Exchange Rate Signal: Appreciated by 8.7% this year, think carefully before selling
From 4.46 at the beginning of the year to 4.85 now, the yen has appreciated over 8.7% against the TWD. It seems very cost-effective at first glance, but this also means you’ve missed a lower price point.
According to the latest market forecast, the Bank of Japan (BOJ) Governor Ueda Kazuo has signaled a potential rate hike, with market expectations of an increase to 0.75% on December 19 (a 30-year high), and Japanese government bond yields reaching 1.93%. Against this backdrop, USD/JPY from the beginning of the year to now has...

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Last week (12/15-12/19), the global foreign exchange market showed a pattern of US strength and non-US weakness. The US dollar index rose by 0.33%, with major non-US currencies showing mixed performance: the euro declined by 0.23%, the Japanese yen dropped sharply by 1.28%, the Australian dollar weakened by 0.65%, and the British pound slightly increased by 0.03%. Among these, the significant fall of the Japanese yen became the focus of the week, reflecting the complex interplay between Japanese policies and the global interest rate environment.
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