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  1. Exchange Rates
  2. Canadian dollar (CAD)
  3. Japanese yen (JPY)

Convert CAD to JPY at Best Exchange Rates

There are three important types of information that you need to know if you are to have any chance of getting the best possible CAD / JPY rate :

  1. Find the Market CAD to JPY mid-rate - the starting point.
  2. Check your FX provider's transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News, Research and Forecasts for both currencies.

1. Market CAD/JPY mid-rate

The closer your final exchange rate is to the market CAD/JPY midrate the better deal you are getting.
1 Canadian dollar equals
Japanese yen 1CAD=JPY

Right now the CAD/JPY market rate is and represents how many Japanese yen you can get for one Canadian dollar.

The CAD/JPY mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. The closer your final exchange rate is to the market CAD/JPY midrate the better deal you are getting. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the currencies were exchanged in a transaction (bought or sold) in the international markets.

CAD to JPY Exchange Rate Calculator

$
¥
1 CAD equals
JPY 1CAD=JPY

Compare rates for: Foreign Transfers    Travel Money

Get fee-free global money transfers with our partner OFX
Loading CAD/JPY Chart

Canadian dollar to Japanese yen (CAD-JPY) Recent History

WhenExchange RateDate
1 Week ago85.019718 Apr 2018
1 Month ago82.218226 Mar 2018
6 Months ago88.727527 Oct 2017
1 Year ago81.834125 Apr 2017
2 Years ago87.815725 Apr 2016
5 Years ago96.631626 Apr 2013
10 Years ago102.758427 Apr 2008

There are three important types of information that you need to know if you are to have any chance of getting the best possible CAD / JPY rate :

  1. Market CAD to JPY mid-rate - the starting point.
  2. Transaction costs, these include exchange rate margins plus various types of fees. These margin and fee costs vary for Foreign Transfers and Travel Money transactions.
  3. Up-to-date Currency News, Research and Forecasts for Canadian dollar and Japanese yen.

1. Market CAD/JPY mid-rate

Right now the CAD/JPY market rate is and represents how many Japanese yen you can get for one Canadian dollar.

The CAD/JPY mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the CAD / JPY was traded (bought or sold) in the international markets.

1 Canadian dollar equals
Japanese yen 1=

2. Transaction Costs - Margins and Fees for CAD/JPY Foreign Exchange

The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

CAD to JPY Foreign Transfer - Costs Compared

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from CAD to JPY.

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending CAD 10,000 to JPY

 OFX (prev. CanadianForex)
1CAD=83.4JPY
¥832,749 JPY (1.91%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: ¥832,749 JPY
Exchange Rate: 83.4
Fees: CAD 15
Total Cost : 1.91% (from mid-rate: 84.8971)
This is the amount of money that could be received by your transfer at rate CAD/JPY=83.4 and inclusive of the fee of CAD 15.
Rate timestamp : Wed Apr 25 2018 15:06:42 GMT+0000 (UTC)
Bank Rates - Average
1CAD=80.65JPY
¥805,290 JPY (5.15%)
This is the average CAD to JPY International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: ¥805,290 JPY
Exchange Rate: 80.65
Fees: CAD 15
Total Cost : 5.15% (from mid-rate: 84.8971)
Receive JPY ¥27,459 less than with   OFX
This is the amount of money that could be received by your transfer at rate CAD/JPY=80.65 and inclusive of the fee of CAD 15.

Travel Money CAD to JPY - Costs Compared

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Travel Money Exchange Rates Compared

Buying JPY Cash with CAD 1,000

 Travelex Online
1CAD=77.26JPY
¥77,260 JPY (9%)
Free Home Delivery when you Buy Online Travel Money & Cards with $0 commission and great exchange rates only available from Travelex Online. Zero cost for Home Delivery or pickup your foreign cash at your local Travelex store or at the airport on departure day. * Home deliveries can only be made to the registered billing address of your chosen payment method.
Price Details
Receive: ¥77,260 JPY
Exchange Rate: 77.26
Fees: CAD 0
Total Cost : 9% (from mid-rate: 84.8971)
Amount of money that could be received by your currency exchange at rate CAD/JPY=77.26 and inclusive of the fee of CAD 0.
Rate timestamp : 15:11 Local
Bank Rates - Average
1CAD=74.28JPY
¥73,537 JPY (13.38%)
This is the average CAD to JPY Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: ¥73,537 JPY
Exchange Rate: 74.28
Fees: CAD 10 (1%)
Total Cost : 13.38% (from mid-rate: 84.8971)
Receive JPY ¥3,723 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate CAD/JPY=74.28 and inclusive of the fee of CAD 10 (1%).
Rates snapshot: 04/25/2018

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.

Why can't I just get the same CAD/JPY market rate I see on Google or in the Media?

When you look up the current Canadian dollar to Japanese yen exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

CAD to JPY mid-rate on google

CAD to JPY mid-rate on google search

Getting a great CAD to JPY mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below CAD to JPY calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific Canadian dollar cross rates and reviews of leading foreign exchange providers versus the Banks.


3. Currency News, Research and Forecasts for Canadian dollar and Japanese yen

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency is always determined quoted in comparison to another currency.

So it follows that if you are determining the best time to transact, in this case the CAD vs JPY, you should pay attention to both Canadian dollar and Japanese yen news and forecasts.

Canadian dollar (CAD) - Market news and forecasts

The Canadian dollar was the worst performing G10 currency in the first quarter of 2018.

Against the US dollar, CAD fell to buy 77.5 US cents (USD/CAD 1.29), but this was in line with average rates over the preceding twelve months.

Against the euro, CAD fell to an 8-year low but recovered somewhat before March was out to buy 63 euro cents (EUR/CAD 1.587).

For CAD, little respite is likely in the months ahead according to TD Securities, which described the currency in March as “really expensive.” A senior analyst at the firm explained that CAD was the “most exposed [major currency] from a global macro level and also from the local level of trade risk.”

Trade remains a dominant theme affecting CAD. Washington stepped up its protectionist measures in the first quarter with tariffs on steel and aluminium products (Canada is the number one exporter of such products to the US) and $60 billion worth of Chinese goods. Being a global growth-sensitive currency, CAD will suffer should international trade tensions escalate, not to mention the ramifications for ongoing NAFTA negotiations between Canada, the US and Mexico. The market consensus remains for an 8-10% drop in CAD's valuation should NAFTA negotiations fail.

Japanese yen (JPY) - Market news and forecasts

The Japanese yen spent much of 2017 trading up and down between 108 and 115 per US dollar, but has been the best performing G10 currency in early 2018. In the first seven weeks of the year, USD/JPY fell 6% to 106.11, marking the yen’s strongest level against the dollar in fifteen months.

The yen has also made back ground against the euro, strengthening by mid-February to rates in the low 132s; however, the yen remains weak against the euro by recent standards – EUR/JPY had been as low as 109.2 in mid-2016.

The yen’s strength in early 2018 will have surprised analysts at UBS. Entering the new year, the bank predicted that the yen would do worst of all the FX majors this year on the grounds that Shinzo Abe’s re-election in 2017 would likley mean a continuation of extremely loose monetary policy in Japan. UBS believed that the yen would weaken to levels above 115 per dollar.

“Analysts have struggled to explain why the yen is rising,” said the Financial Times in February, especially when the differential between US and Japanese interest rates continues to widen in favour of the dollar.

“I think [the reason for yen strength] is more technical,” said Citi analyst Koichi Kano.

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