David @ Tokyo

Perspective from Japan on whaling and whale meat, a spot of gourmet news, and monthly updates of whale meat stockpile statistics

7/28/2007

NZD falling

I've been waiting for this to happen for quite a while now - the NZD is falling against the yen.

Earlier this week it cracked the 97 yen level (this makes it almost twice as cheap to buy a big mac in Japan than in New Zealand).

This morning:

Live rates at 2007.07.27 23:22:33 UTC
1.00 NZD = 90.7706 JPY
New Zealand Dollars Japan Yen 1 NZD = 90.7706 JPY 1 JPY = 0.0110168 NZD

If you look at the charts from this page you might have guessed this would happen...

posted by David # 8:27 am

Comments:

Shucks she's down to
78.3086 JPY as of 2007.08.16 13:32:33 UTC

# posted by

David : 10:33 pm

# posted by

Anonymous : 6:12 pm

wow - it appears you are actually smugly pleased that an entire country's economy is down against Japan's simply because they are anti-whaling! Yet somehow if this was the other way round - anti-whaling people being pleased that the Japanese economy was suffering - I think you might find the time to brand them small-minded bigots.

# posted by

Anonymous : 6:29 pm

1) This post has nothing to do with whaling, its about exchange rates.

2) New Zealand's "entire economy" is not "down against Japan's", the dollar has depreciated against the yen. And this is a *good* thing for New Zealand's economy.

# posted by

David : 8:09 am

Archives

June 2004 July 2004 August 2004 September 2004 October 2004 November 2004 December 2004 January 2005 March 2005 April 2005 May 2005 June 2005 July 2005 August 2005 September 2005 October 2005 November 2005 December 2005 January 2006 February 2006 March 2006 April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 December 2006 January 2007 February 2007 March 2007 April 2007 May 2007 June 2007 July 2007 August 2007 September 2007 October 2007 November 2007 December 2007 January 2008 February 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 April 2009 May 2009 June 2009 July 2009 August 2009 September 2009 October 2009 November 2009 January 2010 February 2010 April 2010 May 2010 June 2010 July 2010 August 2010 September 2010 February 2011 March 2011 May 2013 June 2013