villager
Well-known member
I have been monitoring exchange rates of euro/pound vs yen,
the pound is down nearly 40% this year, and as japanese sellers have not adjusted their yen prices for guitars, the relative cost of guitars in Japan has risen by 40% for europe...has anyone else noticed this?
I have also noticed that very few guitars, priced as they were 12 months ago, are selling in Japan.
so the question is... how long will it take for the prices in yen, in Japan, to come down when the sellers realise nothing is selling, I have noticed that its already happening on Japanese auction sites, the prices, on average, have dropped around 15%, still a long way to go to make up the exchange rate difference though..
the pound is down nearly 40% this year, and as japanese sellers have not adjusted their yen prices for guitars, the relative cost of guitars in Japan has risen by 40% for europe...has anyone else noticed this?
I have also noticed that very few guitars, priced as they were 12 months ago, are selling in Japan.
so the question is... how long will it take for the prices in yen, in Japan, to come down when the sellers realise nothing is selling, I have noticed that its already happening on Japanese auction sites, the prices, on average, have dropped around 15%, still a long way to go to make up the exchange rate difference though..