Scotiabank JPY to CAD Exchange Rates & Currency Deals
JPY-CAD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Scotiabank 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 transaction type, details and click ‘GET RATES’.
JPY to CAD Market Data
Japanese yen (JPY) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: CAD/JPY sits above its 90-day average and in the upper half of the 3-month range, yielding a bullish-to-range-bound bias that favors gradual upside...
Bias: Bearish-to-range-bound, USD/CAD sits below the 90-day average and in the lower half of its three-month range, suggesting limited upside unless new data shift the outlook.
Bias
CADJPY sits above its 90-day average, flirting with the top of a 3-month range — bullish-to-rangebound. BoC vs BoJ rate gap and oil strength support CAD; BoJ tightening signals could cap gains.
Key drivers
- Rate gap: BoC's policy rate sits notably higher than BoJ's, supporting CAD resilience versus JPY even as risk appetite fluctuates.
- Oil trend: Oil remains supported, trading near multi-week highs and above its longer-term average, which tends to lift CAD due to Canada’s role as a major oil exporter.
- Macro factor: BoJ has signaled tightening with potential further hikes if inflation persists, a development that could limit yen softness and cap further CAD gains.
Range
CAD/JPY is likely to drift within the 3-month range, with a tilt toward the upper end as oil support persists, but without a clear breakout.
What could change it
- Upside risk: A sharper oil rally or stronger Canadian data that keeps the BoC on a higher-rate path and extends the CAD outperformance versus the yen.
- Downside risk: A renewed yen rally on further BoJ tightening or a drop in oil that narrows the CAD’s advantage and drags the pair lower
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JPY to CAD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Japanese yen are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different JPY amounts at today’s rate * :
What is the
Scotiabank Send Money conversion rate for JPY to CAD?
The Scotiabank JPY to CAD exchange rate is 0.0082. This is -6% compared to the latest JPY-CAD mid-market rate 0.008727.
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
Scotiabank - Yen to Loonie comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Scotiabank and other foreign exchange providers against the latest JPY-CAD mid-rate and the possible savings of using various providers.
How do Scotiabank JPY-CAD rates compare between providers?
Looking at the full
JPY to CAD - Send Money comparison table the provider with the best JPY to CAD exchange rate is OFX at 0.0087, -0.31% from the latest mid-market rate 0.008727.
The next best is XE at 0.0087, -0.31% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Scotiabank 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.