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JPY to CAD Forecasts – Japanese yen to Canadian dollar

Latest JPY to CAD forecasts including bank predictions, key market drivers and recent trends for JPY/CAD. See where analysts expect the pair to move and the factors likely to influence it.

 

JPY to CAD Forecast & Outlook

28 Mar 2026 • 00:55 GMT

JPY/CAD 0.008671

📊 Forecast snapshot

  • Near-term bias: 🟠 Range-bound, downside bias
  • Expected range: 0.0090 – 0.0090
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, JPY/CAD is trading near its 3-month average, supported by risk-off sentiment and safe-haven flows. The pair remains consolidating within its recent range, with the overall bias tilted towards weaker Japanese Yen. Near-term conditions suggest the pair may stay within the current range but could face pressure if risk sentiment improves.

💸 Transfer implications

  • Expats: sending money to Canada may find current levels less favourable than recent support levels.
  • Travellers: exchanging CAD with JPY may encounter limited movement, with exchange rates holding near recent highs.
  • Businesses: paying CAD invoices with JPY might see conditions remain supported but could weaken if risk appetite returns.

🧭 Key drivers

  • Rate gap: The Japanese Yen remains influenced by no clear rate advantage versus the Canadian Dollar.
  • Risk/commodities: Risk-off sentiment supports the Yen as a safe haven, while oil prices and US rate outlooks influence CAD.
  • Global factors: Overall risk sentiment remains the dominant driver, supporting safe-haven currencies in uncertain conditions.

⚠️ What could change it

  • Upside risk: A further deterioration in global risk sentiment could strengthen JPY further.
  • Downside risk: An improvement in risk appetite or rise in oil prices may weaken JPY against the CAD.

BER suggests comparing FX providers to help offset less favourable exchange conditions and reduce overall transfer costs.

JPY-CAD Rate Calculator

 
 
   
   
   
   
   
 
 

JPY to CAD Market Data

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

 
Sell JPY   →   Buy CAD
1 JPY =
0.008672We compare provider deals to this wholesale mid-market rate. Read more
CAD
1d−0.1%▼
JPY to CAD at 0.008671 is just 0.9% below its 3-month average of 0.008746, having traded in a quite stable 4.3% range from 0.008552 to 0.008919
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  1 CAD = 115.31 JPY

Compare & Save - Japanese yen to Canadian dollar

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

Use our JPY to CAD 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 Yen to Loonie currency rates and the possible savings of using various providers.

 
 

Will the Japanese yen rise against the Canadian dollar?

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

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

DateJPY/CADPeriod
14 Mar 2026
0.008645
2 Week
28 Dec 2025
0.008735
3 Month
28 Mar 2025
0.009597
1 Year
29 Mar 2021
0.0115
5 Year
30 Mar 2016
0.0115
10 Year
02 Apr 2006
0.009904
20 Year
JPY/CAD historic rates

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 JPY/CAD 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