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CAD/JPY - Convert Compare Save

Canadian Dollar to Japanese Yen exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Canadian Dollar to Japanese Yen exchange rate, has news, forecasts and CAD to JPY comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

CAD/JPY Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CAD/JPY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

CAD to JPY International Money Transfers

  

Foreign Transfer ProvidersReceive JPY(¥)Exchange RateFee CADTotal CostDeal Links
OFX logo
774,500 JPY
Best Overall
77.450^2.17%
XE logo
781,800 JPY
7,300 JPY
78.1801.24%
HSBC logo
758,261 JPY
16,239 JPY
75.94C$154.22%
TD Canada Trust logo
753,984 JPY
20,516 JPY
76.16C$1004.76%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
752,499 JPY
22,001 JPY
76.01C$1004.95%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
752,127 JPY
22,373 JPY
75.84154.99%
Scotiabank logo
751,806 JPY
22,694 JPY
75.94C$1005.03%
Royal Bank of Canada logo
744,084 JPY
30,416 JPY
75.16C$1006.01%
 
OFX: Foreign Transfer CAD→JPY
CAD amount:$10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:77.45 (2.17% from mid-rate)
JPY amount:774,500 JPY
Total Cost:2.17%
Time:
Rate Fetched: Sun Aug 25 2019 04:04:58 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE: Foreign Transfer CAD→JPY
CAD amount:$10,000 CAD
Fee:
Exchange Rate:78.18 (1.24% from mid-rate)
JPY amount:781,800 JPY
Total Cost:1.24%
Difference:
7,300 JPY more than using OFX
Time:6:03 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer CAD→JPY
CAD amount:$10,000 CAD
Fee:C$15 CAD (.15%)
Exchange Rate:75.94 (4.07% from mid-rate)
JPY amount:758,261 JPY
Total Cost:4.22%
Difference:
16,239 JPY less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Foreign Transfer CAD→JPY
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:76.16 (3.8% from mid-rate)
JPY amount:753,984 JPY
Total Cost:4.76%
Difference:
20,516 JPY less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Coast Capital Savings logoCoast Capital Savings

Coast Capital Savings: Foreign Transfer CAD→JPY
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:76.01 (3.99% from mid-rate)
JPY amount:752,499 JPY
Total Cost:4.95%
Difference:
22,001 JPY less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer CAD→JPY
CAD amount:$10,000 CAD
Fee:15
Exchange Rate:75.21 (5% from mid-rate)
JPY amount:752,127 JPY
Total Cost:4.99%
Difference:
22,373 JPY less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Scotiabank logoScotiabank

Scotiabank: Foreign Transfer CAD→JPY
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:75.94 (4.07% from mid-rate)
JPY amount:751,806 JPY
Total Cost:5.03%
Difference:
22,694 JPY less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Foreign Transfer CAD→JPY
CAD amount:$10,000 CAD
Fee:C$100 CAD (1%)
Exchange Rate:75.16 (5.06% from mid-rate)
JPY amount:744,084 JPY
Total Cost:6.01%
Difference:
30,416 JPY less than using OFX
Time:6:03 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 08/25/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount JPY(¥)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
76,390 JPY
Best Overall
76.39$03.51%
Royal Bank of Canada logo
74,710 JPY
1,680 JPY
74.7105.63%
TD Canada Trust logo
73,950 JPY
2,440 JPY
73.9506.59%
Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo
73,759 JPY
2,631 JPY
74.25C$106.83%
Scotiabank logo
72,618 JPY
3,772 JPY
74.1C$208.27%
Travelex Online CA: Travel Money CAD→JPY
CAD amount:$1,000 CAD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:76.39 (3.51% from mid-rate)
JPY amount:76,390 JPY
Total Cost:3.51%
Time:
Rate Fetched: 6:03 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Royal Bank of Canada logoRoyal Bank of Canada

Royal Bank of Canada: Travel Money CAD→JPY
CAD amount:$1,000 CAD
Fee:
Exchange Rate:74.71 (5.63% from mid-rate)
JPY amount:74,710 JPY
Total Cost:5.63%
Time:6:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

TD Canada Trust logoTD Canada Trust

TD Canada Trust: Travel Money CAD→JPY
CAD amount:$1,000 CAD
Fee:
Exchange Rate:73.95 (6.59% from mid-rate)
JPY amount:73,950 JPY
Total Cost:6.59%
Time:6:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money CAD→JPY
CAD amount:$1,000 CAD
Fee:C$10 CAD (1%)
Exchange Rate:69.27 (12.5% from mid-rate)
JPY amount:73,759 JPY
Total Cost:6.83%
Currency Services:Branch
Delivery/Collect:-
 

Scotiabank logoScotiabank

Scotiabank: Travel Money CAD→JPY
CAD amount:$1,000 CAD
Fee:C$20 CAD (Minimum fee)
Exchange Rate:74.1 (6.4% from mid-rate)
JPY amount:72,618 JPY
Total Cost:8.27%
Time:6:03 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 08/25/2019 - See full table

CAD to JPY interbank exchange rate = 79.0588

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on CAD/JPY exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

CAD and JPY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the CAD vs JPY, you should pay attention to the recent market trends for both currencies.

 

Canadian Dollar (CAD)

The Canadian dollar stormed ahead in the second half of June, rising to a 16-week high against the US dollar and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

Any delay to Canadian ratification of the USMCA trade deal (already accepted by Mexico) is likely to depress sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

Japanese Yen (JPY)

The yen was the star performer in the weeks leading up to this report (May-17), with appreciation driven by a flight to safety following a serious escalation in the US-China trade war. The benchmark yen rate, USD/JPY, was down in the mid-109s, having been as high as 112.4 in late April. Relatively speaking, against their April highs, other yen rates had fallen even more (NZD/JPY was down from 76 to 71.6).

In May, HSBC warned against thinking that yen-supporting safe-haven flows would soon stop, implying that the yen could have more upside potential in the near term. The bank highlighted the “desolation and destruction” (an exaggeration) present in many major economies and currencies. “You can never get too high,” the bank’s chief analyst said.

Read more in the article JPY Forecasts.

Why can't I just get the CAD/JPY market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the CAD / JPY was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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 foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all CAD Exchange Rates