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Scotiabank CAD to JPY Exchange Rates Compared Live

The best CAD to JPY exchange rate is 110.54. Compare Scotiabank foreign transfer and currency exchange rates, find better rates & deals.

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Scotiabank - Comparing CAD-JPY exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Japanese yen (JPY) rates from different sources before making a conversion.

The above Scotiabank Loonie to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest CAD-JPY mid-rate (see below) and the possible savings of using another provider.

Scotiabank Canadian dollar to Japanese yen (CADJPY) rate guide contents:

 

Scotiabank at a glance

Scotiabank is a Canadian multinational bank and a leading financial institution in North and South America. The bank offers a wide range of financial products and services to individuals, businesses, and institutions, including banking, investment, and insurance services.

One of the financial products offered by Scotiabank is wire transfers. Wire transfers are a secure and fast way to transfer funds between banks in different countries. With Scotiabank wire transfers, you can send money to over 100 countries in a variety of currencies.

When you get a quote for your Wire Transfer from Scotiabank on their website or in-app, you can also see the Scotiabank exchange rate, but it can be difficult to then calculate how much markup from the market rate you are being charged.

Our research shows that on average, Scotiabank profit margin for foreign exchange rates is somewhere between 3 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.

While all banks in Canada charge this markup, the extra amount being charged is much higher than it would be with a global money transfer specialist.

 
 
@bestfxrates : CAD struggles amid weak data & US policy shifts but rising oil could buoy. Meanwhile, JPY faces pressure from BoJ policies & cooling inflation. With CADJPY at 110.4, experts track oil & data impacts closely. #ForexUpdate #CADJPY #CurrencyMarkets #OilPrices #BoJ #EconomicData

Multi-Vendor Quote

We can help you get an even better deal when sending a Large International Money Transfer.

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.

 
 

CAD to JPY Market Data

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

 
1 CAD =
110.54We compare provider deals to this wholesale mid-market rate. Read more
JPY
-0.4%
πŸ“‰2W
CAD to JPY is at 14-day lows near 110.6, 1.5% above its 3-month average of 109, having traded in a quite stable 5.6% range from 105.7 to 111.6
|
Sell CAD   β†’   Buy JPY
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DateCAD/JPYChangePeriod
16 Feb 2024
111.37
0.6% β–Ό2 Week
02 Dec 2023
108.76
1.8% β–²3 Month
02 Mar 2023
100.55
10.1% β–²1 Year
03 Mar 2019
84.25
31.4% β–²5 Year
04 Mar 2014
92.06
20.3% β–²10 Year
06 Mar 2004
83.99
31.8% β–²20 Year
CAD/JPY historic rates & change to 01-Mar-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 ¥ 110.54
C$ 5 ¥ 552.70
C$ 10 ¥ 1,105
C$ 20 ¥ 2,211
C$ 50 ¥ 5,527
C$ 100 ¥ 11,054
C$ 250 ¥ 27,635
C$ 500 ¥ 55,270
C$ 1,000 ¥ 110,540
C$ 2,000 ¥ 221,080
C$ 5,000 ¥ 552,700
C$ 10,000 ¥ 1,105,400
C$ 20,000 ¥ 2,210,800
C$ 50,000 ¥ 5,527,000
C$ 100,000 ¥ 11,054,000
CAD JPY
C$ 0.0090 ¥ 1
C$ 0.0452 ¥ 5
C$ 0.0905 ¥ 10
C$ 0.1809 ¥ 20
C$ 0.4524 ¥ 50
C$ 0.9047 ¥ 100
C$ 2.2618 ¥ 250
C$ 4.5235 ¥ 500
C$ 9.0470 ¥ 1,000
C$ 18.09 ¥ 2,000
C$ 45.24 ¥ 5,000
C$ 90.47 ¥ 10,000
C$ 180.94 ¥ 20,000
C$ 452.35 ¥ 50,000
C$ 904.70 ¥ 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

 

Based on recent exchange rate forecasts and currency market updates, the Canadian Dollar (CAD) has been facing challenges related to weaker-than-expected economic data and shifting monetary policy expectations in the US. Oil prices, a key driver for the CAD, have been on the rise, which could potentially provide support for the Canadian currency. However, concerns over domestic data and USD strength have weighed on the CAD, causing it to lose some ground.

Read our full review of recent CAD to JPY forecasts.

 

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.

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.

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.

Keep track of currency Trends; UpπŸ“ˆ or DownπŸ“‰ trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

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

 
 
 

Country Currency Guides

JapanJapan (JPY)CanadaCanada (CAD)
 

How is the cost of living in Japan?

The cost of living in Japan can vary depending on location, lifestyle, and individual needs. However, generally speaking, Japan is known to be one of the more expensive countries in the world, especially in terms of accommodation and transportation.

Accommodation costs, particularly in the big cities such as Tokyo and Osaka, can be quite high. Rent for apartments can be very expensive, and purchasing a home can be out of reach for many.

Read more at our Japan (JPY) country guide

   
 
 

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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