Coast Capital Savings CAD to JPY Transfers Compared

   

CAD is trading at ~106.6 JPY, reflecting a downward trend driven by weaker oil prices and increasing bearish sentiment, according to analysts. Despite challenges, a Reuters poll suggests a 1.4% rise vs. USD in 3 months, indicating potential CAD stabilization. Meanwhile, JPY faces volatility amid political changes

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What is the Coast Capital Savings Send Money conversion rate for CAD to JPY?

The Coast Capital Savings CAD to JPY exchange rate is 101.94. This is -4.4% compared to the latest CAD-JPY mid-market rate 106.61.

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 Coast Capital Savings - Loonie to Yen comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Coast Capital Savings and other foreign exchange providers against the latest CAD-JPY mid-rate and the possible savings of using various providers. 

How do Coast Capital Savings CAD-JPY rates compare between providers?

The next best is Wise at 105.98, -0.59% from the mid-rate.

Then XE at 105.97, which is -0.6% from the mid-rate.

The Western Union rate is 105.55 which is -0.99% from the mid-rate.

Among the banks the TD Bank rate is 92.74 at -13% the Scotiabank rate is 102.09 at -4.2% and the Royal Bank of Canada rate is 103.02 at -3.4% compared to the mid-rate 106.61.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Coast Capital Savings 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.