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CAD to JPY 2026 Forecasts

Analysis of recent loonie → yen forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Japanese yen performance and trends.

 

The CAD to JPY exchange rate has a bullish bias, trading at 114.3, which is notably above its 3-month average. Key drivers for this trend include:

  • The Canadian dollar benefits from a strong job market, with Canada adding 54,000 jobs in November and a drop in the unemployment rate to 6.5%.
  • The Bank of Japan's recent rate hike to 0.75% aims to control inflation, supporting the yen but also adding volatility.
  • Oil prices are currently low, trading at 2.2% below their 3-month average, but further changes could impact Canada’s economy due to its dependence on oil exports.

Expect the CAD/JPY pair to trade within a range that reflects current economic conditions, potentially seeing fluctuations linked to commodity prices or central bank policies.

Upside risks include a significant rebound in oil prices, while downside risks stem from any economic turbulence in Canada or a policy shift by the Bank of Japan that could strengthen the yen.

CAD-JPY Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to JPY Market Data

Canadian dollar (CAD) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy JPY
1 CAD =
114.29We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d+0.1%▲
 
CAD to JPY at 114.3 is 3.3% above its 3-month average of 110.7, having traded in a fairly volatile 8.7% range from 105.4 to 114.6
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Compare & Save - Canadian dollar to Japanese yen

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Japanese yen (JPY) rates from different sources before making a conversion.

Use our CAD to JPY calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Yen currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Japanese yen?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Japanese yen current value is to look the CAD/JPY historic rate and change over a range of periods.

The following table looks at the change in the CAD to JPY exchange rate over periods from the previous week back to the last 10 years.

DateCAD/JPYChangePeriod
18 Dec 2025
112.92
1.2% ▲2 Week
03 Oct 2025
105.50
8.3% ▲3 Month
01 Jan 2025
109.71
4.2% ▲1 Year
02 Jan 2021
81.10
40.9% ▲5 Year
04 Jan 2016
85.86
33.1% ▲10 Year
06 Jan 2006
98.49
16% ▲20 Year
CAD/JPY historic rates & change to 01-Jan-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/JPY to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more