Taiwan’s currency, the New Taiwan dollar, has reached a 15-year high against the Japanese yen, trading at over 5 yen to 1 NTD. This favorable exchange rate, with the yen currently at 0.1991, presents a significant advantage for Taiwanese tourists planning trips to Japan during the upcoming summer vacation season. The weakening of the yen is attributed to factors including differing monetary policies between Taiwan and Japan, and global economic conditions. Experts suggest this is the most advantageous exchange rate for Taiwanese travelers in recent history. The trend is expected to continue, potentially boosting Taiwanese tourism to Japan. However, the situation also impacts Japanese businesses and consumers. This exchange rate is observed in cash transactions, and may vary slightly through banking channels.