🇯🇵 JPY to 🇨🇦 CAD — Convert Japanese Yen to Canadian Dollar
1 Japanese Yen = 0.0087 Canadian Dollar
JPY/CAD Exchange Rate History
🇯🇵 JPY to 🇨🇦 CAD Conversion Table
| Japanese Yen (JPY) | Canadian Dollar (CAD) |
|---|---|
| ¥1 | C$0.0087 |
| ¥5 | C$0.0433 |
| ¥10 | C$0.0866 |
| ¥25 | C$0.2165 |
| ¥50 | C$0.4330 |
| ¥100 | C$0.8660 |
| ¥500 | C$4.3300 |
| ¥1,000 | C$8.6601 |
| ¥5,000 | C$43.3005 |
| ¥10,000 | C$86.6010 |
JPY/CAD 30-Day Market Statistics
Over the past 30 days, the Japanese Yen to Canadian Dollar exchange rate has risen by 2.3529%, moving from 0.0085 to 0.0087. It traded between a low of 0.0085 on Apr 29 and a high of 0.0087 on Apr 30, averaging 0.0087. With a high-to-low spread of 2.3031%, the pair has been relatively stable this month.
Frequently Asked Questions
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🇯🇵 About the Japanese Yen (JPY)
The Japanese Yen is the third most traded currency and the most traded in Asia. It is widely used as a funding currency for the carry trade because of Japan's traditionally low interest rates, and it strengthens as a safe haven in times of market stress.
Issuing authority: Bank of Japan (BOJ).
🇨🇦 About the Canadian Dollar (CAD)
The Canadian Dollar, nicknamed the 'loonie', is a commodity currency strongly linked to crude oil since Canada is one of the world's largest oil exporters. Its fortunes are closely tied to the neighbouring US economy.
Issuing authority: Bank of Canada.
What Moves the JPY/CAD Exchange Rate?
The JPY to CAD rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Japanese Yen (JPY): Bank of Japan ultra-loose monetary policy and any shift away from it, the interest rate gap with the US, and safe-haven demand during global risk-off periods.
Canadian Dollar (CAD): Crude oil prices, Bank of Canada policy, trade with the United States, and broader commodity demand.
When demand for the Japanese Yen rises relative to the Canadian Dollar, the JPY/CAD rate increases, meaning each JPY buys more CAD. The opposite happens when the Canadian Dollar strengthens.
How to Convert JPY to CAD
- Enter the amount of JPY you want to convert in the converter above.
- The equivalent in CAD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (CAD to JPY).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange JPY to CAD
Getting a rate close to the mid-market rate above can save you money, especially on larger Japanese Yen to Canadian Dollar amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above — the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our Terms of Service.