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2016-01-07 19:47:03 Post No. 1030442
Post No. 1030442
This is my first time on this board and I've come to you because I don't know shit about finance.
I have about 1 million JPY in cash in the US.
I have about 17K USD owed in student loans, about half of which is at a 6% interest rate and the other half is 3%.
I've been paying 200 USD a month because I didn't have much money in my US bank account and I wanted to stretch it until I was able to get some cash back in the US.
What should I be looking to do here in terms of timing my currency exchange. From what I understand the current exchange rate is garbage for me, but because I have to pay my loan off I'm under some pressure to have USd available. I can wait a bit but not until 2020 or whatever.
tl;dr when's an optimal time to change JPY to USD soonish