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CAD to JPY 2026 Forecasts

Analysis of recent loonie → yen forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Japanese yen performance and trends.

 

CAD/JPY Outlook:

Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driver.

Key drivers:

  • Rate gap: The Bank of Canada is maintaining a cautious stance with rates compared to the recent rate hike by the Bank of Japan, which aims to combat higher inflation.
  • Risk/commodities: Recent oil price increases, now significantly above average, provide support to the Canadian dollar as it is a key oil exporter.
  • One macro factor: Japan's implementation of quantitative tightening introduces a tighter monetary environment, potentially impacting the yen's value.

Range:

CAD/JPY is likely to drift within the recent 3-month range as the pair trades near its mean.

What could change it:

  • Upside risk: A sustained rally in oil prices could push CAD/JPY higher as Canada benefits economically.
  • Downside risk: Any expectation of further Bank of Japan rate increases could strengthen the yen and pressure CAD/JPY.

CAD-JPY Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to JPY Market Data

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

 
Sell CAD   →   Buy JPY
1 CAD =
113.21We compare provider deals to this wholesale mid-market rate. Read more
JPY
1d−0.9%▼
 
CAD to JPY at 114.0 is just 0.8% above its 3-month average of 113.1, having traded in a quite stable 4.7% range from 110.1 to 115.3
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Compare & Save - Canadian dollar to Japanese yen

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.

Use our CAD to JPY calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Yen currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Japanese yen?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Japanese yen current value is to look the CAD/JPY historic rate and change over a range of periods.

The following table looks at the change in the CAD to JPY exchange rate over periods from the previous week back to the last 10 years.

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.

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

 

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