All about the experience of exchanging Japanese Yen for Trainees

Wet feet and dry feet to Japan, surely there will be many trainees who are confused in changing Japanese Yen. Should I exchange Japanese Yen in Vietnam or Japan? What if I change it in Japan? All experiences about exchanging yen will be answered in the article below.

What is Japanese Yen?

The yen is the official currency in Japan. The Japanese Yen was officially put into use in 1871 with 10 different denominations, divided into 2 types: banknotes and coins. Japanese yen is symbolized by ¥, code: JYP. 

+ Coins include 1 yen (approximately VND 200), 5 yen (approximately VND 1,000), 10 yen (approximately VND 2,000), 50 yen, 100 yen (approximately 20,000 VND), 500 yen (approximately 110,000 VND) .

+ Banknotes include 1000 yen (approximately 210,000 VND), 2000 yen (approximately 426,000 VND), 5000 yen (approximately 1,050,000 VND), 10,000 yen (approximately 2,134,000 VND)

Where should I exchange Japanese yen? How to change?

It's actually the most convenient and to avoid making mistakes the first time you prepare to go to Japan, we recommend that you still exchange Japanese Yen in Vietnam. But if you want to exchange Japanese Yen in Japan, it is still possible. Please refer to both ways.

1. Exchange Japanese Yen in Vietnam

In Vietnam, you can exchange Japanese Yen at two places: banks and gold shops.

According to the correct procedure, you have to change at the bank. Before you go to exchange money, make sure you bring enough documents to prove that you are going to Japan such as: Air ticket, labor export contract,... If you do not have enough documents, you will not be able to change it, please note. .

But if you find the procedure somewhat cumbersome, you can go to some gold shops to exchange. For example, if you exchange a lot, the gold shops also bring money to your house to exchange.

Some addresses of gold shops can be exchanged:

• Hanoi: Go to Ha Trung street. In this street, there are many money changers with market prices.
• Saigon: Check out some gold shops on Le Thanh Ton Street, District 1, and Le Van Sy Street, District 3.

 2. Exchange Japanese Yen in Japan

You can exchange yen in Japan through the following channels:

Automatic money changers at the Airport: 

It's easy to change directly at the money changers at the airport, so don't worry. There will be detailed instructions right there for you to practice.

You can go to the following airports to exchange this money: Chitose New Airport (Sapporo), Narita Airport (Tokyo), Haneda Airport (Tokyo), Chubu International Airport (Nagoya), Kansai International Airport ( Osaka), Fukuoka Airport (Fukuoka)

Bank of Japan

Mitsui Sumitomo Bank, Tokyo Mitsubishi UFJ and Mizuho are the three main Japanese banks where you can convert foreign currency to Japanese Yen. You will find the currency exchange points of these three banks at major stations or airports. Although this form of exchange has the advantage of being fast, you can use it as soon as you get off the airport, but the exchange rate at banks is usually quite low. Please consider.

Seven Eleven ATMs

Using ATMs installed at convenience stores "Seven Eleven" is the simplest way to exchange yen in Japan. You only need a credit card or a cash card to withdraw Japanese Yen, the procedure is extremely simple.

Seven Eleven has more than 22,000 stores across the country operating all year round, you just need to walk a few minutes around the station in the main cities to be able to redeem. This will be the ideal address if you need to exchange Japanese Yen urgently.

Daikokuya Store 

Daikokuya is a shop that sells tickets and second hand branded products at bargain prices, where you can also exchange Japanese yen. Many workers want to exchange money at Daikokuya because the exchange rate is extremely attractive.

Although Daikokuya doesn't have many stores, the exchange rate here is much higher than that of big banks. In addition, you can save a lot of time because there is no need to write all kinds of papers here. Many shops even change coins if you want.

Travelex Japan

In Japan, there are 72 branches of Travelex. Tokyo, Kyoto, Osaka, Fukuoka, Asakusa, Shibuya, Shinjuku are the main cities where Travelex has stores. You can go to counters or vending machines to make transactions.