Rate direction
Canadian dollar to Japanese yen · CAD/JPY trend
Review the recent market direction, current mid-market rate and significant movement alerts.
CAD/JPY exchange rate
90-day market context
CAD to JPY at 112.5 is 1.9% below its 3-month average of 114.7, having traded in a very stable 3.9% range from 111.9 to 116.3
Quick CAD/JPY forecast
Currency Forecasts related to CAD/JPY
CAD to JPY Exchange Rate Forecast & Outlook
Currently, CAD/JPY is trading near its 90-day lows around 112.2, which is below the 3-month average of 114.8. The pair remains supported by risk-off sentiment and Japanese yen strength amid geopolitical tensions.
CAD to JPY Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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.
What is the
best Send Money conversion rate for CAD to JPY?
The best CAD to JPY exchange rate is 112.23 from OFX . This is -0.5% compared to the mid-market rate 112.79.
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 CAD to JPY - Send Money comparison table the provider with the best CAD to JPY exchange rate is OFX at 112.23, -0.5% from the latest mid-market rate 112.79.
The next best is XE at 112.12, -0.59% from the mid-rate.
Then Wise at 111.81, which is -0.87% from the mid-rate.
The Western Union rate is 111.1 which is -1.5% from the mid-rate.
Among the banks the TD Bank rate is 108.86 at -3.5% the Scotiabank rate is 109.3 at -3.1% and the Royal Bank of Canada rate is 109.69 at -2.7% compared to the mid-rate 112.79.
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.