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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 exchange rate is likely to move sideways as it is currently near its 90-day average and sits within its recent trading range.
CAD/USD Outlook: The CAD/USD exchange rate is slightly positive, but likely to move sideways as it trades above its recent average and remains within a stable range.
USD/JPY Outlook: The USD/JPY is slightly weaker, trading below its recent average and positioned near recent lows.
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 112.23 from OFX . This is -0.51% compared to the mid-market rate 112.80.
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 112.23, -0.51% from the latest mid-market rate 112.80.
The next best is XE at 112.12, -0.6% from the mid-rate.
Then Wise at 111.87, which is -0.82% from the mid-rate.
The Western Union rate is 111.11 which is -1.5% from the mid-rate.
Among the banks the TD Bank rate is 101.46 at -10.1% the Scotiabank rate is 109.3 at -3.1% and the Royal Bank of Canada rate is 109.59 at -2.8% compared to the mid-rate 112.80.
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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