The Scotiabank CAD to JPY rate is 100.89. This is -3.8% below the mid-rate. Compare Scotiabank currency conversion rates - Reduce FX costs.
The Scotiabank CAD to JPY exchange rate is 100.89. This is -3.8% compared to the latest CAD-JPY mid-market rate 104.84.
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.
Looking at our comparison table the best CAD to JPY exchange rate is 104.32 from OFX, -0.5% from the mid-market rate 104.84. The next best rate is 104.21 from XE, -0.6% from the mid-rate. Then Wise with 104.1 is -0.71% from the mid-rate.
The Western Union rate is 103.79 which is -1% from the mid-rate.
Among the banks, the TD Bank rate is 92.74 at -11.5%, the Scotiabank rate is 100.89 at -3.8%, and the Royal Bank of Canada rate is 101.74 at -3% compared to the mid-rate 104.84.
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.
The table below shows Scotiabank Canadian dollar (CAD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :
| Currency route | Mid market rate | Scotiabank Send Money Rate | Cost% |
|---|---|---|---|
| CAD - AUD | 1.1224 | 1.0837 | -3.4% |
| CAD - BBD | 1.4470 | 1.3725 | -5.1% |
| CAD - BMD | 0.7235 | 0.6857 | -5.2% |
| CAD - BSD | 0.7235 | 0.6857 | -5.2% |
| CAD - CHF | 0.5980 | 0.5782 | -3.3% |
| CAD - DKK | 4.7783 | 4.6147 | -3.4% |
| CAD - EUR | 0.6401 | 0.6170 | -3.6% |
| CAD - GBP | 0.5454 | 0.5253 | -3.7% |
| CAD - GYD | 151.40 | 144.11 | -4.8% |
| CAD - HKD | 5.6072 | 5.4054 | -3.6% |
| CAD - INR | 61.23 | 59.16 | -3.4% |
| CAD - JMD | 114.91 | 108.70 | -5.4% |
| CAD - JPY | 104.84 | 100.89 | -3.8% |
| CAD - KYD | 0.6047 | 0.5627 | -6.9% |
| CAD - MXN | 14.17 | 13.71 | -3.2% |
| CAD - NOK | 7.5331 | 7.2780 | -3.4% |
| CAD - NZD | 1.2156 | 1.1763 | -3.2% |
| CAD - SAR | 2.7133 | 2.6089 | -3.8% |
| CAD - SEK | 6.9853 | 6.7476 | -3.4% |
| CAD - SGD | 0.9404 | 0.9093 | -3.3% |
| CAD - TTD | 4.9147 | 4.6468 | -5.5% |
| CAD - USD | 0.7235 | 0.7029 | -2.8% |
| CAD - ZAR | 13.31 | 12.87 | -3.3% |
The Scotiabank Loonie to Yen comparison table above 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 CAD-JPY mid-rate (see Market Data below ) and the possible savings of using various providers.
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.
Canadian dollar (CAD) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | CAD/JPY | Change | Period |
|---|---|---|---|
18 Apr 2025 | 102.87 | 2.2% ▲ | 2 Week |
01 Feb 2025 | 106.72 | 1.5% ▼ | 3 Month |
02 May 2024 | 112.06 | 6.2% ▼ | 1 Year |
03 May 2020 | 75.51 | 39.2% ▲ | 5 Year |
05 May 2015 | 99.23 | 5.9% ▲ | 10 Year |
07 May 2005 | 84.53 | 24.3% ▲ | 20 Year |
Here are some popular conversion amounts for CAD to JPY (Canadian dollar to Japanese yen)*.
*Converted at the current CADJPY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The CAD/JPY exchange rate has been influenced by a combination of oil price movements and broader economic sentiments. Currently, the exchange rate stands at approximately 104.8, which is slightly above its three-month average, indicating relative stability with a recent trading range of 6.2% from 101.8 to 108.1. Analysts note that the Canadian dollar (CAD), closely linked to oil prices, experienced fluctuations in value as oil markets wavered. Recent data shows that oil has hit 90-day lows near 61.29, which is significantly 13.2% below its three-month average of 70.61. This downturn in oil prices and the fluctuating nature of commodity-linked currencies such as the CAD suggest that continued volatility can be expected.
Read our full review of recent CAD to JPY forecasts.
There are several ways to save on exchange rates when converting Canadian dollar to Japanese yen:
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.
Read our Currency guide to Japan — a practical currency and money guide to travel in Japan plus living and doing business with the Japanese yen.
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.
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.
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
| Japan (JPY) | Canada (CAD) |
Japan offers a unique blend of tradition, modernity, and economic opportunity, making it an attractive destination for expatriates and business professionals. Here’s a practical guide to help you navigate life and work in Japan.
Japan’s unique cultural and professional landscape offers immense opportunities for expatriates and business professionals. Understanding its traditions and practices will help you integrate and succeed in this dynamic country.
Read more at our Japan (JPY) country guide
News2025-04-25
Deutsche Bank forecasts a significant weakening of the US dollar in the coming years, potentially reaching its lowest level against the euro in over a decade.
News2025-04-11
The Swiss franc has experienced a significant surge, reaching a decade-high against the U.S. dollar, following President Donald Trump's announcement of increased tariffs on Chinese imports. This development has intensified market volatility and heightened demand for safe-haven assets.
Further reading on the Japanese yen (JPY) - Guides, Reviews & News from our research team.
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
^ Scroll back up to ^
^
