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CAD/JPY - Live Chart & Exchange Rate

1 CAD = 111.1159 JPY

Indicative rate, updated 22 hours ago. Not a live dealing rate - confirm with your broker before trading.

CAD/JPY Sentiment Gauge

A live technical-analysis reading for CAD/JPY, from Strong Sell to Strong Buy, updated automatically by TradingView. Forex has no reliable, freely-published Fear & Greed Index the way stocks or crypto do, so this momentum-based gauge is shown instead.

CAD/JPY tracks the Canadian Dollar against the Japanese Yen without the US Dollar in between. It moves on the relative outlook for the two economies, especially BoC and BoJ interest-rate policy.

Rates shown here are indicative only, sourced periodically rather than streamed live. Confirm the exact rate with your bank or broker before converting funds or opening a trade.

CAD/JPY Key Statistics

Latest

111.1159

1 Oct 2026

Highest since Mar 2024

118.4708

10 Jul 2024

Lowest since Mar 2024

102.2987

9 Apr 2025

12-month average

113.3335

106.2669 – 116.7196

30 days: -3.29% 90 days: -2.95% 1 year: +4.56%

Over the past year CAD/JPY has risen 4.56%, meaning the CAD has strengthened against the JPY. In the last 30 days it has moved down 3.29%. Across the last 12 months it traded between 106.2669 and 116.7196. Its highest level in the data window (since March 2024) was 118.4708 on 10 Jul 2024, and its lowest was 102.2987 on 9 Apr 2025.

Based on weekly data from 6 Mar 2024 to 1 Oct 2026. Source: weekly rate snapshots (currency-api). A rising rate means the CAD is strengthening against the JPY. Past performance does not predict future results.

What Moves CAD/JPY

A pair's price is one currency's value measured against another, so the economy behind each side matters.

Canadian Dollar (CAD)

Canada · Bank of Canada (BoC) · Free float

The Canadian Dollar (the "loonie") is a commodity currency closely linked to oil prices and to the US economy, Canada's largest trading partner.

Major contributors to the economy

  • Oil and gas
  • Mining
  • Manufacturing and cars
  • Agriculture
  • Financial services

Key factors

  • Oil prices. Canada is a major oil exporter, so rising crude prices usually support the loonie.
  • Bank of Canada policy. Rate decisions relative to the Fed drive USD/CAD.
  • US trade relations. Most Canadian exports go to the US, so tariffs and trade deals matter.

Japanese Yen (JPY)

Japan · Bank of Japan (BoJ) · Free float

The Japanese Yen is the third most traded currency and a classic safe haven. Very low Japanese interest rates make it the main funding currency for "carry trades".

Major contributors to the economy

  • Cars and machinery
  • Electronics and semiconductors
  • Services
  • Overseas investment income

Key factors

  • Bank of Japan policy. Japan kept ultra-low rates for decades; any move towards higher rates strengthens the Yen.
  • Interest-rate gap. The gap between Japanese and foreign yields drives carry trades and Yen weakness or strength.
  • Risk sentiment. In global stress, carry trades unwind and the Yen tends to rally.
  • Government intervention. Japan's Ministry of Finance has intervened to stop sharp Yen falls.

How CAD and JPY Interact

The Japanese Yen is a traditional safe haven. In periods of market stress, investors tend to move money into it, which often pushes it higher against the Canadian Dollar even when local economic data is unchanged.

The Canadian Dollar is a commodity currency, so swings in the prices of its main exports often show up in this pair.

Central-bank policy matters on both sides: the Bank of Canada (BoC) and the Bank of Japan (BoJ). When one of them is expected to keep interest rates higher than the other, that currency usually attracts capital and strengthens; a narrowing gap tends to reverse the move.

Markets to Watch

  • WTI crude oil CAD

    Usually rises with the Canadian Dollar

  • Japanese 10-year government bond yield JPY

    Higher yields tend to support the Yen

  • Nikkei 225 JPY

    Often rises when the Yen weakens

Events & Data to Follow

  • CAD Bank of Canada rate decisions
  • CAD Canadian jobs report
  • CAD Canadian CPI
  • JPY Bank of Japan policy meetings
  • JPY Tokyo CPI
  • JPY Ministry of Finance intervention comments

Historical Milestones

  1. 2007 CAD

    The loonie rose above parity with the US Dollar for the first time in over 30 years during the commodity boom.

  2. 2011 JPY

    After the Tohoku earthquake the Yen hit record highs, prompting G7 intervention.

  3. 2013 JPY

    "Abenomics" and massive BoJ easing began a long period of Yen weakness.

  4. 2014-16 CAD

    The oil price collapse pushed the Canadian Dollar sharply lower.

  5. 2024 JPY

    The BoJ ended negative interest rates, its first rate rise in 17 years.

Why CAD/JPY Matters to Tanzanian Traders

CAD/JPY lets traders in Tanzania trade a view on two economies without the US Dollar in between. Spreads are a little wider than on the majors, so it suits traders who already know how the two currencies behave.

Compare brokers offering these pairs →

Risks & Trading Hours

  • Oil price swings. (CAD)
  • US trade policy changes. (CAD)
  • Sudden intervention by Japanese authorities. (JPY)
  • Sharp moves when carry trades unwind. (JPY)

Most active: New York and Toronto session • Tokyo session (and the London and New York sessions)

CAD/JPY FAQ

What is the current CAD/JPY exchange rate?

1 CAD is worth about 111.1159 JPY (indicative, updated 22 hours ago). Always confirm the exact rate with your bank or broker before you convert or trade.

What is the all-time high and low of CAD/JPY?

In the data we track (since 6 Mar 2024), CAD/JPY peaked at 118.4708 on 10 Jul 2024 and bottomed at 102.2987 on 9 Apr 2025.

What moves the CAD/JPY exchange rate?

CAD/JPY is influenced by the relative strength of the Canadian Dollar and the Japanese Yen. Key factors include: Oil prices, Bank of Canada policy, Bank of Japan policy, Interest-rate gap. See the sections above for the full list.

When is the best time to trade CAD/JPY?

Activity and liquidity are typically highest during: New York and Toronto session • Tokyo session (and the London and New York sessions). Spreads are usually tighter when the relevant markets are open.

Is CAD/JPY good for beginners?

CAD/JPY is one of the more liquid pairs, with tight spreads at most brokers, which makes it a reasonable choice for beginners. Practise on a free demo account first.

This page is educational. Rates, statistics and commentary are indicative and may contain errors or be out of date.

Other Currency Pairs

EUR/GBP EUR/JPY GBP/JPY EUR/CHF AUD/JPY EUR/AUD All pairs →

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