What currency will I need?
Suzuka is a city in Japan, and like the rest of the country, the official currency used in Suzuka is the Japanese Yen (JPY), represented by the symbol ¥. The Japanese Yen is the standard and only accepted currency for transactions within Suzuka and throughout Japan. It’s important to have yen in cash on hand, as many places in Japan, including Suzuka, primarily operate on a cash basis, especially in smaller establishments.
The Japanese yen (JPY) comes in several denominations of both coins and banknotes. Here are the common denominations: 1,000 yen (¥), 2,000 yen (¥), 5,000 yen (¥), 10,000 yen (¥).
The 2,000 yen banknote is relatively rare and not as commonly used as the other denominations. The 1,000 yen note is the most frequently used banknote. It’s important to be familiar with these denominations when handling Japanese currency during your travels in Japan.
Should I use travel cash or a card?
According to Mintel, 90% of British travellers take some travel cash with them. It’s perfect for tips, taxis, street-side vendors and locations which do not have card machines (or where they are not working). It’s easy to budget with, and share with other members of your party. It’s also not prone to technical faults, does not require internet access, and you won’t be charged to use it.
Having a debit card is also a great idea as backup – just make sure you know what fees the card issuer charges to make payments in the foreign currency (better still, find one that makes no charges at all). Bigger purchases should be made on a travel-friendly UK-issued credit card to get that additional Section 75 protection (see https://www.moneyhelper.org.uk/en/everyday-money/credit-and-purchases/how-youre-protected-when-you-pay-by-card). Make sure when paying by card that you ALWAYS pay in the foreign currency – do not let the card processor do the conversion to GBP as you will always get a worse rate. That applies even if the foreign currency is already loaded onto a prepaid multi-currency card – the card issuer will decide whether to settle from your foreign currency wallet or not.
Where can I buy currency?
You will typically get a better deal buying your travel cash here in the UK before you travel. Look for the highest possible foreign currency exchange rate to indicate the best deal. For example, a rate of JP¥179.84 is better than JP¥173.76 when buying Japanese Yen (JPY). Airports tend to offer the worst rates – especially if you have not pre-ordered – and you may find a bureau de change on your High Street, in a supermarket or department store, in many travel agents, and at major transport hubs.
You can also buy Hungarian Forint from Travel Money Club for next business day despatch to home via fully insured Royal Mail Special Delivery Guaranteed by 1pm. Unlike the competition, we don’t hide fees and charges in our exchange rates – you just pay a fair and transparent handling fee based on how much you are exchanging. Get an instant quote now at https://yourtmc.link/quote-jpy.
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