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Yen or dollars or Euros or GBP?

  • 31-07-2014 3:40pm
    #1
    ItsNotAyne
    Registered Users, Registered Users 2 Posts: 14 ✭


    Hi.
    Im currently working in Japan but am going home soon.
    What is the smartest thing to do with my money? I plan to use it as savings. Should I leave it as yen? Or change it? Dollar or Euro?
    I also have a British Bank account so could put it there if GBP is the best.

    Thanks for your help!!
    Tagged:


Comments

  • #2
    JTMan
    Registered Users, Registered Users 2 Posts: 5,557 ✭✭✭JTMan


    Generally speaking, keep your savings in your base currency to avoid FX risk.

    Will you be living in the Eurozone in the long-run, if so keep your savings in EUR.

    Use an online broker, to convert the money from JPY to EUR so you get a good rate.


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