JPY to CAD Exchange Rates & Currency Deals

   

CAD/JPY recently hit a 14-day low at 106.4, reflecting continued weakness in the loonie amid rising unemployment and falling oil prices. Analysts warn of volatility as net short positions increase, though some forecasts suggest potential CAD strengthening in 3-12 months. Keep an eye on policy shifts from the BoC and BOJ for future trends

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

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Japanese yen (JPY) to Canadian dollar (CAD) rates from different sources before making a conversion.

The above Yen to Loonie 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 JPY-CAD mid-rate and the possible savings of using various providers. 

How do JPY-CAD rates compare between providers?

The next best is XE at 0.0093, -1.1% from the mid-rate.

Then Wise at 0.0093, which is -1.1% 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.

 

Compare JPY to CAD Transfer Rates