Fukuoka

πŸ’±

Currency Exchange

Understanding where and how to exchange foreign currencies into Japanese yen, including banks, airports, and currency exchange kiosks.

Sections

1. Overview of Currency in Japan

  • Currency Name: Japanese Yen (JPY, Β₯)
  • Denominations:
    • Coins: Β₯1, Β₯5, Β₯10, Β₯50, Β₯100, Β₯500
    • Banknotes: Β₯1,000, Β₯2,000 (rare), Β₯5,000, Β₯10,000
  • Exchange Rate: Exchange rates fluctuate daily. As of October 2023, Β₯1 is approximately 0.0067 USD or 0.0063 EUR. Check live rates before exchanging.

2. Where to Exchange Currency in Fukuoka

Fukuoka offers several options for currency exchange, including banks, ATMs, currency exchange counters, and hotels. Below are the most reliable and commonly used options:

A. Banks

  • Major Banks:
    • MUFG Bank
    • Mizuho Bank
    • Sumitomo Mitsui Banking Corporation (SMBC)
    • Japan Post Bank (Yucho Bank)
  • Services: Banks provide currency exchange services at competitive rates but may charge a small handling fee.
  • Locations: Banks are located throughout Fukuoka, especially in central areas like Tenjin, Hakata, and near Fukuoka Airport.
  • Operational Hours: Typically 9:00 AM to 3:00 PM on weekdays. Closed on weekends and public holidays.
  • Procedure:
    1. Bring your passport (required for identification).
    2. Fill out a currency exchange form (staff can assist if needed).
    3. Hand over your foreign currency and receive Japanese yen.
  • Tips: Banks generally offer better rates than hotels or airport counters but may have longer wait times.

B. Currency Exchange Counters

  • Locations:
    • Fukuoka Airport: Currency exchange counters are available in both the international and domestic terminals. They operate longer hours than banks, making them convenient for travelers.
    • Tenjin Area: Several private exchange offices, such as Travelex, are located in this bustling shopping and business district.
    • Hakata Station: Currency exchange services are available at the station, which is a major transportation hub.
  • Operational Hours: Typically 8:00 AM to 8:00 PM, but hours vary by location.
  • Fees: Private exchange counters may charge higher fees or offer slightly less favorable rates compared to banks.

C. ATMs

  • International-Friendly ATMs:
    • Seven Bank ATMs (found in 7-Eleven convenience stores)
    • Japan Post Bank ATMs
    • Aeon Bank ATMs
  • Services: These ATMs allow you to withdraw Japanese yen directly using an international debit or credit card.
  • Locations: Found in convenience stores, shopping malls, train stations, and airports.
  • Fees:
    • ATM withdrawal fees vary depending on your home bank and the ATM operator.
    • Exchange rates are determined by your card issuer and may include a foreign transaction fee.
  • Tips:
    • Use ATMs for smaller amounts to avoid carrying too much cash.
    • Check with your bank for any international withdrawal fees before traveling.

D. Hotels

  • Some high-end hotels in Fukuoka offer currency exchange services at their front desks. However, the rates are usually less favorable, and fees may be higher. This option is best for convenience rather than cost-effectiveness.

E. Convenience Stores

  • Some convenience stores, such as 7-Eleven, offer currency exchange machines. These machines are user-friendly and available 24/7, but the rates may not be as competitive as banks or ATMs.

3. Tips for Getting the Best Exchange Rates

  1. Compare Rates: Check rates at multiple locations (banks, exchange counters, ATMs) to find the best deal.
  2. Avoid Airport Exchanges: While convenient, airport exchange counters often have less favorable rates and higher fees.
  3. Use ATMs Wisely: If your home bank has partnerships with Japanese banks, you may get better rates and lower fees when withdrawing from ATMs.
  4. Exchange Larger Amounts: Some exchange counters offer better rates for larger transactions.
  5. Monitor Exchange Rates: Use apps or websites like XE or OANDA to track live exchange rates and plan your exchanges accordingly.

4. Cultural and Local Considerations

  • Cash is King: Japan is still a cash-heavy society, especially in smaller towns and traditional establishments. While Fukuoka is modern and many places accept credit cards, it’s wise to carry cash for smaller purchases, local restaurants, and transportation.
  • Clean and Organized Currency: Japanese people value cleanliness and order, even with money. Avoid handing over crumpled or damaged bills, as they may not be accepted.
  • Language Barrier: While many exchange counters and ATMs have English instructions, bank staff may have limited English proficiency. Be patient and use translation apps if needed.
  • Tipping: Tipping is not customary in Japan, so there’s no need to worry about carrying extra cash for tips.

5. Emergency Options

  • If you run out of cash and cannot find an exchange service:
    • Use international ATMs at 7-Eleven or Japan Post.
    • Visit a major hotel for emergency currency exchange.
    • Contact your home bank to inquire about wire transfers or other options.

6. Useful Locations in Fukuoka

Here are some specific locations for currency exchange in Fukuoka:

Fukuoka Airport

  • Travelex: International Terminal, 1st Floor
  • Hours: 6:30 AM to 10:00 PM

Hakata Station

  • Travelex: Inside the station complex
  • Hours: 8:00 AM to 8:00 PM

Tenjin Area

  • Travelex Tenjin: Near Tenjin Core shopping mall
  • Hours: 10:00 AM to 8:00 PM

Convenience Stores

  • 7-Eleven: Multiple locations across Fukuoka, open 24/7

7. Final Recommendations

  • Plan your currency exchange during business hours to access banks for the best rates.
  • Keep small denominations of yen for vending machines, buses, and small shops.
  • Always carry your passport when exchanging money, as it is required for identification.

By following this guide, you’ll be well-prepared to handle currency exchange in Fukuoka efficiently and enjoy your time in this vibrant city!