The photographed meal was actually eaten on May 27, when the yen-dollar exchange rate was 126.8583 (I went back and checked the May rates at: nl.bk.mufg.jp) which is close to 126.58 as you calculated. That would make the actual cost US$8.67. What I'm basically saying in this post is that if I ate that same meal today, it would only cost $8.00 (as calculated a few days ago). According to Steve M's post above, Amex doesn't have DCC, so this calculation basically confirms that. Still, at 8.69, that meal's a bargain and will continue to get cheaper as the dollar gets stronger.