minor pair · CAD/JPY
Canadian Dollar to Japanese Yen: the daily ECB reference rate, a historical chart, pair specification and what drives each currency.
113.563
+0.296 (+0.26%)
1 CAD = 113.563 JPY · 1 JPY = 0.00881 CAD · previous 113.267 on 3 Nov 2026
CAD/JPY ECB reference rate, 4 Nov 2025 to 4 Nov 2026: from 109.030 to 113.560 (up 4.15%). High 117.070 on 27 Apr 2026, low 108.510 on 7 Nov 2025.
256 daily observations · 4 Nov 2025 – 4 Nov 2026
Latest rate within the 12-month range
The latest rate sits at 59% of the 12-month low-to-high range.
Calculated from daily ECB reference rates — closing-type snapshots, not intraday highs and lows.
Understanding the pair
In CAD/JPY the Canadian Dollar is the base currency and the Japanese Yen is the quote currency. The rate tells you how many JPY one CAD buys, so a rising CAD/JPY means the Canadian Dollar is strengthening against the Japanese Yen.
CAD/JPY is a minor (cross) pair: it combines two major currencies without the US dollar, so its rate is effectively the product of two dollar pairs and spreads are typically a little wider than the majors. In practice its price moves with CAD/USD and USD/JPY (or their inverses).
Prices are quoted to 3 decimal places here. One pip is 0.01, so on a standard lot of 100,000 CAD a one-pip move is worth 1,000 JPY — use the pip calculator to convert that into your account currency.
Liquidity in CAD/JPY is usually deepest when both home markets are open — the New York (08:00–17:00 New York time) and Tokyo (09:00–18:00 Tokyo time) sessions. See live session times on the market hours clock.
Canada is a major crude-oil exporter with deep trade ties to the United States, so the loonie is often linked to oil prices and to the US economic cycle.
Central bank: Bank of Canada
Decades of very low Japanese interest rates made the yen a common funding currency in carry trades, and it often strengthens when global risk appetite falls. JPY pairs are quoted to two or three decimals, so a pip is 0.01.
Central bank: Bank of Japan
CAD/JPY shows how many Japanese Yen (JPY) one Canadian Dollar (CAD) buys. CAD is the base currency and JPY is the quote currency. If the rate rises, the Canadian Dollar has strengthened against the Japanese Yen.
No. It is derived from the euro foreign exchange reference rates published by the European Central Bank once per working day around 16:00 CET. It is useful for reference, budgeting and calculator inputs, but it is not an executable trading quote — a broker's bid and ask will differ.
By convention one pip in CAD/JPY is 0.01 because the pair is quoted in JPY. On a standard lot of 100,000 CAD, a one-pip move is worth 1,000 JPY. Brokers may quote an extra decimal (a pipette).
Liquidity is typically deepest when both home markets are open: the New York (08:00–17:00 New York time) and Tokyo (09:00–18:00 Tokyo time) sessions, and especially where they overlap.
Educational information only, not investment advice. Trading leveraged currency products carries a high risk of losing money.