money translation

[SK3]

can anybody tell me how does the money work in Japan?

lets say I have 50 US dollars. how much yen would that be?

 

[RockLee]

1.00 USD = 104.765 JPY

50 $ = 5238.25 JPY ~

at the moment it's about this much

 

[SK3]

so what can i buy for that much of a yen in Japan?

 

[RockLee]

a cheap ps2 game ? or food :? It's like anywhere else

 

[Glenn]

1.00 USD = 104.765 JPY

50 $ = 5238.25 JPY ~

at the moment it's about this much

Where did you get that figure? Last I saw 1USD = about 129JPY.

 

[RockLee]

erm, do a google search ;-)

http://quote.yahoo.com/m5?a=1&s=USD&t=JPY

it changes so damn often it's hard to track hehe

 

[Glenn]

Wow, you're right. I'm just surprised that the figures were so different. :? Anyway, thanks for the link.

 

[RockLee]

no problem, the dollar these days is very unstable...so if u are planning on going to japan, u have to wait for the moment when u get a lot of yen for 1 $

 

[SK3]

hmm how much would an average house cost over there?

1 or 2 bedrooms
1 bathroom
1 living room
1 dining room

 

[epigene]

hmm how much would an average house cost over there?

1 or 2 bedrooms
1 bathroom
1 living room
1 dining room

It depends on where you live, but I think the cost of a condo that size will be around $400,000 in the Tokyo area. $1 million and higher for anything in the heart of Tokyo, because developers don't build cheap-looking homes and buildings in central locations. Prices vary by the size of each room and location (accessibility to the nearest railway/subway station/school; quality of construction, etc.). Don't expect the rooms to be as large as those in the US or Canada.

A large part of the cost is land, rather than anything built on top of it.

(Maybe a real estate pro can give you a more accurate estimate, if there is one who is a forum member... )
HTH!

PS: I calculated this at the exchange rate of 105 yen to the dollar.