The comparison table above helps you see the total cost of your 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.
Is the JPY to CAD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Japanese yen against the Canadian dollar is to review how the JPY/CAD rate has changed over time.
The table below shows the percentage change in the JPY to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The CAD to JPY exchange rate is currently trading at 114.4, which is 3.7% above its 3-month average of 110.3, indicating a strong rally driven by various factors.
The recent forecasts for the USD to CAD exchange rate indicate a potential weakening of the US dollar against the Canadian dollar as traders anticipate...
The CAD/JPY exchange rate is currently range-bound, with slight fluctuations driven by specific factors. The Bank of Japan's recent rate hike to 0.75%, aimed at managing near 3% inflation, contrasts with the Bank of Canada's steady rate at 2.25%. Canadian job growth, with 54,000 jobs added in November, adds confidence to the CAD.
In the near term, expect the CAD/JPY rate to remain within a broad range, around recent levels, reflecting ongoing volatility. Upside risks include strong Canadian employment and retail sales boosting the CAD's demand. Downside risks could stem from further Japanese rate hikes or declining global oil prices affecting Canadian economic strength.
In summary, the CAD/JPY is influenced by interest rates and employment stats, indicating potential stability for the Canadian dollar.
---
The CAD/JPY is range-bound with fluctuations. BoJ raised rates to 0.75%, contrasting CAD steady at 2.25%. Upside risks from strong Canadian jobs could boost CAD; however, more Japanese rate hikes could weigh down the exchange rate. Stay alert for changes!
@bestfxrates
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
best Send Money conversion rate for JPY to CAD?
The best JPY to CAD exchange rate is 0.0087 from OFX . This is -0.72% compared to the mid-market rate 0.008763.
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?
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, -0.72% from the latest mid-market rate 0.008763.
The next best is XE at 0.0087, -0.72% 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.