CAD vs JPY
🇯🇵1 CAD = 116 JPY
Rates as of 2026-07-22 · Source: European Central Bank
Quick Stats
Historical Comparison
CAD / JPY| Period | Then | Now | Change | Trend |
|---|---|---|---|---|
Source: European Central Bank via Frankfurter API
About CAD / JPY
🇨🇦 CAD — Canadian Dollar
The Canadian Dollar, often called the 'Loonie' after the loon bird on the one-dollar coin, is the fifth most held reserve currency in the world. It is closely tied to commodity prices, especially oil.
🇯🇵 JPY — Japanese Yen
The Japanese Yen is the third most traded currency in the forex market and is widely used as a reserve currency. It is known as a safe-haven currency that investors flock to during times of global uncertainty.
Key Factors Affecting CAD/JPY
🇨🇦 CAD Drivers
- Crude oil and commodity prices
- Bank of Canada interest rate decisions
- US-Canada trade relations and USMCA
- Canadian housing market and employment data
🇯🇵 JPY Drivers
- Bank of Japan monetary policy and yield curve control
- Japan's trade surplus and export data
- Global risk appetite and safe-haven flows
- USD/JPY carry trade dynamics
💡 Did You Know? — CAD
Canada's one-dollar coin features a common loon, which is why the Canadian dollar is nicknamed the 'Loonie.'
💡 Did You Know? — JPY
The yen has no subdivisions in circulation — unlike most currencies, there are no cents or pence equivalent.
Economy Overview
🇨🇦 Canada
Canada has a resource-rich economy with significant exports of crude oil, natural gas, and minerals. The Bank of Canada sets monetary policy independently from the US despite close economic ties.
🇯🇵 Japan
Japan has the third-largest economy in the world and is a major exporter of automobiles, electronics, and technology. The Bank of Japan (BoJ) has maintained ultra-low interest rates for decades.