Why the Japanese Yen is Worth Paying Attention To
In the Asian investment market, the status of the Japanese Yen far exceeds what most people imagine. Many Taiwanese investors regard the Yen as an important asset allocation tool, even considering it alongside the Hong Kong dollar and US dollar.
Travel and Practical Spending
Japanese travel and consumption habits primarily involve cash transactions (credit card penetration is only 60%). From shopping in Tokyo and Osaka to skiing in Hokkaido and vacationing in Okinawa, there is a high demand for cash. Additionally, consumers purchasing Japanese cosmetics, clothing, and anime merchandise directly also need to pay in Yen. For those planning to study or work in Japan,提前规划汇兑 can effectively reduce costs caused by sudden fluctuations.
Financial Asset Attributes
The Yen has long been one of the world's three major safe-haven currencies (alongside the US dollar and Swiss franc), due to Japan's stable economy and low government debt levels. During market turbulence, funds tend to flow heavily into the Yen—during the Russia-Ukraine conflict in 2022, the Yen appreciated by 8% in one week, effectively hedging against stock market volatility.