Aussie dollar hits 12-month high against Yen
Friday, October 16th, 2009

This is probably not exciting news to anyone outside of Australia but today we finally crawled back up to just shy of 84 against the Japanese Yen for the first time in twelve months.
Last year in June, we booked a trip to Tokyo for November when the Yen was about 1 to 1 with the Aussie dollar but then came the global financial crisis in July/August and the AUD to YEN went in to a 6-month freefall.
So we arrive in Japan in November 2008 with our dollar hovering around the 55 to 60 mark. Our ¥20,000 hotel room went from costing about AUD$200 to upwards of AUD$350. Ouch!
Hopefully we can see it nudge up over 90 and then suddenly all those shiny new toys in Akihabara and Yodobashi are going to be back on my list.
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