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    Best CAD to JPY Exchange Rates Compared Live

    The live mid-rate CAD to JPY exchange rate is 107.87. Compare currency conversion rates - Reduce FX costs.

    CAD-JPY Best Exchange Rates
     
     
    Recent forecasts for CAD to JPY show a mixed outlook amid geopolitical dynamics and commodity price fluctuations. With CAD trading at 107.6 JPY, below the 3-month avg of 108.2, FX analysts warn of oil price sensitivity impacting the 'loonie' as JPY faces depreciation pressures. 12-Dec

     
     

    What is the best Send Money conversion rate for CAD to JPY?

    The best CAD to JPY exchange rate is our partner deal rate of 107.33 from OFX . This is -0.5% compared to the mid-market rate 107.87.

    The standard OFX CAD-JPY rate is 105.7499, -2% from the mid-rate. Visit OFX here to secure the better rate.

    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.

    How do CAD-JPY rates compare between providers?

    Looking at our comparison table the best CAD to JPY exchange rate is 107.33 from OFX, -0.5% from the mid-market rate 107.87. The next best rate is 107.22 from XE, -0.6% from the mid-rate. Wise with 107.11 is -0.7% from the mid-rate.

    The Western Union rate is 106.79 which is -1% from the mid-rate.

    Among the banks, the TD Bank rate is 92.74 at -14%, the Scotiabank rate is 103.86 at -3.7%, and the Royal Bank of Canada rate is 104.49 at -3.1% from the mid-rate.

    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.

     

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    The Loonie to Yen comparison table above 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 (see Market Data below ) and the possible savings of using various providers. 

     
     
     

    CAD to JPY Market Data

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

     
    Sell CAD   →   Buy JPY
    1 CAD =
    107.87We compare provider deals to this wholesale mid-market rate. Read more
    JPY
    ▲+0.4% since yesterday
    CAD to JPY at 107.6 is just 0.6% below its 3-month average of 108.2, having traded in a relatively stable 7.4% range from 103.5 to 111.2
    |
    Tracker

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    DateCAD/JPYChangePeriod
    28 Nov 2024
    107.93
    		0.3% ▼2 Week
    13 Sep 2024
    103.60
    		3.9% ▲3 Month
    13 Dec 2023
    105.69
    		1.8% ▲1 Year
    14 Dec 2019
    83.02
    		29.6% ▲5 Year
    15 Dec 2014
    101.39
    		6.2% ▲10 Year
    17 Dec 2004
    84.90
    		26.8% ▲20 Year
    CAD/JPY historic rates & change to 12-Dec-2024
     

    What are equivalent amounts of CAD and JPY?

    Here are some popular conversion amounts for CAD to JPY (Canadian dollar to Japanese yen)*.

    CAD JPY
    C$ 1 ¥ 107.87
    C$ 5 ¥ 539.35
    C$ 10 ¥ 1,079
    C$ 20 ¥ 2,157
    C$ 50 ¥ 5,394
    C$ 100 ¥ 10,787
    C$ 250 ¥ 26,968
    C$ 500 ¥ 53,935
    C$ 1,000 ¥ 107,870
    C$ 2,000 ¥ 215,740
    C$ 5,000 ¥ 539,350
    C$ 10,000 ¥ 1,078,700
    C$ 20,000 ¥ 2,157,400
    C$ 50,000 ¥ 5,393,500
    C$ 100,000 ¥ 10,787,000
    CAD JPY
    C$ 0.0093 ¥ 1
    C$ 0.0464 ¥ 5
    C$ 0.0927 ¥ 10
    C$ 0.1854 ¥ 20
    C$ 0.4636 ¥ 50
    C$ 0.9271 ¥ 100
    C$ 2.3178 ¥ 250
    C$ 4.6355 ¥ 500
    C$ 9.2710 ¥ 1,000
    C$ 18.54 ¥ 2,000
    C$ 46.36 ¥ 5,000
    C$ 92.71 ¥ 10,000
    C$ 185.42 ¥ 20,000
    C$ 463.55 ¥ 50,000
    C$ 927.10 ¥ 100,000

    More amounts

    *Converted at the current CADJPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for CAD to JPY

     

    Recent forecasts for the CAD to JPY exchange rate highlight a mixed outlook for both the Canadian dollar (CAD) and the Japanese yen (JPY), influenced by broader geopolitical dynamics and commodity price fluctuations. The CAD has shown sensitivity to movements in oil prices, with recent trading at 107.6 JPY, slightly below its three-month average of 108.2. As Canada's economy is heavily reliant on oil exports, any softening in oil prices could further undermine the 'loonie.' Current oil prices are at 73.52 USD, just 0.6% below their three-month average, indicating volatility within a 14.1% range that could impact CAD's resilience. Analysts suggest that the risk appetite in the global market, especially in relation to U.S. trade policy under President-elect Trump, may determine the CAD’s trajectory going forward.

    Read our full review of recent CAD to JPY forecasts.

     
    CAD to JPY flags

    How to get a good CAD to JPY exchange rate

    There are several ways to save on exchange rates when converting Canadian dollar to Japanese yen:

    1. Shop around for the best CAD/JPY exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the CAD/JPY rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and JPY at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Japanese yen with Canadian dollar, then it's better for the CAD/JPY exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    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.

    Read our Currency guide to Japan - a practical currency and money guide to travel, living and doing business in Japan with the Japanese yen.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Multi-Vendor Quote

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    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    Compare Rates

    Will the Canadian dollar rise against the Japanese yen?

    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 CAD/JPY 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

     
     

    Currency Country Guides

    JapanJapan (JPY)CanadaCanada (CAD)
     

    Expat and Business Guide to Japan

    Japan offers a unique blend of tradition, modernity, and economic opportunity, making it an attractive destination for expatriates and business professionals. Here’s a practical guide to help you navigate life and work in Japan.

    • Visa Requirements: Expatriates generally need a work visa, such as the Highly Skilled Professional Visa, Engineer Visa, or Specialist in Humanities Visa. Consult the Japanese Ministry of Foreign Affairs for details and documentation requirements.
    • Language: Japanese is the official language, and while English is commonly used in business settings, learning basic Japanese is essential for everyday interactions and professional networking.
    • Cultural Etiquette: Bowing is customary for greetings, and business cards (meishi) are exchanged with both hands as a sign of respect. Punctuality is highly valued in both personal and professional settings.
    • Work Culture: Japan’s work culture emphasizes teamwork, hierarchy, and long working hours. Understanding cultural nuances like "nemawashi" (informal consensus-building) is crucial for business success.
    • Housing: Options range from urban apartments to traditional houses. Renting often requires a guarantor and additional costs such as a security deposit and key money. Websites like Suumo or GaijinPot are helpful for finding accommodations.
    • Healthcare: Japan has a high-quality healthcare system. Expats are required to enroll in the National Health Insurance (NHI) program or their employer’s health insurance plan. Private insurance is an option for additional coverage.
    • Cost of Living: Japan’s cost of living varies widely. Tokyo is among the most expensive cities, while rural areas are more affordable. Budget for housing, transportation, and food, as these can be significant expenses.
    • Transportation: Japan has an extensive public transport system, including trains, subways, and buses. The Japan Rail Pass is useful for travel between cities. Owning a car is more practical in rural areas than in cities.
    • Business Environment: Japan is a global leader in technology, automotive, and finance industries. Building long-term relationships and respecting decision-making processes are key to successful business dealings.
    • Taxation: Expats staying longer than one year are subject to Japanese tax on global income. Consult a tax advisor to understand local tax obligations and possible treaties between Japan and your home country.
    • Banking: Major banks like MUFG and SMBC cater to expatriates. ATMs are widely available, though some may not accept foreign cards. Online banking is accessible but often limited in English.
    • Networking: Join organizations like the Tokyo American Club or the Chamber of Commerce for networking opportunities. Language exchange meetups and professional events are also valuable for making connections.
    • Childcare and Education: Options include international schools, public schools, and private Japanese schools. International schools are ideal for expat families, offering familiar curriculums in English.
    • Leisure and Recreation: Japan offers diverse recreational activities, from skiing in Hokkaido to visiting traditional hot springs (onsen) and exploring cultural festivals. Public parks and museums are abundant in cities.
    • Safety and Security: Japan is one of the safest countries in the world, with low crime rates. Emergency numbers are 110 for police and 119 for medical and fire services.
    • Practical Apps: Use Google Maps for navigation, Suica or Pasmo apps for public transport, and LINE for communication, as it is Japan’s most popular messaging platform.
    • Documentation and Legal Matters: Carry your residence card (zairyu card) at all times, as it serves as your primary ID. Register your address at the local municipal office within 14 days of moving.

    Japan’s unique cultural and professional landscape offers immense opportunities for expatriates and business professionals. Understanding its traditions and practices will help you integrate and succeed in this dynamic country.

    Read more at our Japan (JPY) country guide

       
     
     
     

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    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

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