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 details and click ‘Get Rates’.
CAD to JPY Market Data
Canadian dollar (CAD) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
CAD to JPY at 104.3 is just above its 3-month average, having traded in a quite stable 4.3% range from 101.8 to 106.2
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Is the CAD to JPY Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the Japanese yen is to review how the CAD/JPY rate has changed over time.
The table below shows the percentage change in the CAD to JPY exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/JPY
Change
Period
22 May 2025
103.81
0.6% ▲
2 Week
07 Mar 2025
103.01
1.4% ▲
3 Month
05 Jun 2024
113.89
8.3% ▼
1 Year
06 Jun 2020
81.65
27.9% ▲
5 Year
08 Jun 2015
100.49
3.9% ▲
10 Year
10 Jun 2005
86.43
20.8% ▲
20 Year
CAD/JPY historic rates & change to 05-Jun-2025
CAD/JPY trading at 104.3, slightly above 3-month avg despite BoC's rate hold signal & potential cuts. Oil prices down 3.1% impacting CAD while JPY gains on safe-haven demand amid trade tensions. Analysts expect CAD weakness if US tariffs worsen Canada's trade deficit. #forex #CADJPY
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 * :
The standard OFX CAD-JPY rate is 102.7737, -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.
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.
How do CAD-JPY rates compare between providers?
Looking at the
full comparison table
the best CAD to JPY exchange rate is 104.38 from OFX, -0.5% from the mid-market rate 104.90. The next best rate is 104.29 from Wise, -0.58% from the mid-rate. Then XE with 104.27 is -0.6% from the mid-rate.
The Western Union rate is 103.85 which is -1% from the mid-rate.
Among the banks the TD Bank rate is 92.74 at -11.6% the Scotiabank rate is 100.75 at -4% and the Royal Bank of Canada rate is 101.60 at -3.1% compared to the mid-rate 104.90.
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.