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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Japan can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Japan bank accounts or pay a Japanese yen invoice.
Canadian dollar (CAD) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD/JPY Outlook: The CAD/JPY outlook is slightly positive but likely to move sideways as the exchange rate is near its recent average and positioned mid-range.
CAD/USD Outlook: The CAD/USD is slightly positive and likely to move sideways, trading just above its recent average and within its mid-range.
USD/JPY Outlook: The USD/JPY is currently above its recent average and near recent highs, indicating a slightly positive outlook.
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Japanese yen across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
*Converted at the current CAD-JPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best CAD to JPY exchange rate is 112.68 from OFX . This is -0.5% compared to the mid-market rate 113.25.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Canadian dollar (CAD) to Japanese yen (JPY) rates from different sources before making a conversion.
The above Loonie to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-JPY mid-rate and the possible savings of using various providers.
Looking at the full CAD to JPY - Send Money comparison table the provider with the best CAD to JPY exchange rate is OFX at 112.68, -0.5% from the latest mid-market rate 113.25.
The next best is XE at 112.57, -0.6% from the mid-rate.
Then Wise at 112.31, which is -0.83% from the mid-rate.
The Western Union rate is 111.55 which is -1.5% from the mid-rate.
Among the banks the TD Bank rate is 101.45 at -10.4% the Scotiabank rate is 109.74 at -3.1% and the Royal Bank of Canada rate is 110.02 at -2.9% compared to the mid-rate 113.25.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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