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93.87 CAD
Exchange Rate
as of July 05, 2025 at 4:36 AM
1 JPY =
0.01 CAD
Market analysis of JPY to CAD currency exchange rates
Analysis as of April 2025
The exchange rate between the Japanese Yen (JPY) and the Canadian Dollar (CAD) has exhibited notable fluctuations over the past few months, influenced by various economic factors and market dynamics. This report provides an in-depth analysis of the JPY/CAD currency pair, examining recent trends, technical indicators, and future projections to offer a comprehensive understanding of its performance.
Recent Exchange Rate Trends
Over the past six months, the JPY/CAD exchange rate has experienced a range of movements. The highest rate recorded was 0.0098312 CAD per JPY on April 21, 2025, while the lowest was 0.0090817 CAD per JPY on January 14, 2025. The average exchange rate during this period was approximately 0.0094946 CAD per JPY. (exchangerates.org.uk)
As of July 1, 2025, the exchange rate stood at 0.0095 CAD per JPY, reflecting a slight increase from the previous day's rate of 0.0094. (ycharts.com) This indicates a relatively stable trend in recent days, with minor daily fluctuations.
Technical Analysis
Technical indicators provide insights into the potential future movements of the JPY/CAD exchange rate. As of June 27, 2025, the Relative Strength Index (RSI) was at 52.031, suggesting neutral market conditions. The Moving Average Convergence Divergence (MACD) indicated a buy signal, while the Average Directional Index (ADX) suggested a sell signal, reflecting mixed sentiments in the market. (investing.com)
Moving averages also present a mixed outlook. The 5-day simple moving average (SMA) was at 0.94681, indicating a sell signal, whereas the 10-day SMA at 0.94528 suggested a buy signal. This divergence highlights the short-term volatility and uncertainty in the JPY/CAD currency pair.
Forecasts and Projections
Various forecasts provide insights into the potential future movements of the JPY/CAD exchange rate:
Short-Term Forecasts: Projections for the next month suggest a slight increase of approximately 0.27%, with the exchange rate expected to reach 0.009478 CAD per JPY. However, the overall market sentiment remains bearish, indicating potential downward pressure. (coincodex.com)
Medium-Term Forecasts: Over the next six months, the exchange rate is anticipated to decrease by approximately 3.88%, potentially reaching 0.009085 CAD per JPY. This projection aligns with the bearish sentiment observed in the short-term forecasts. (coincodex.com)
Long-Term Forecasts: Looking ahead to the next five years, the exchange rate is projected to be around 0.011038 CAD per JPY, representing a 16.78% decrease compared to the current rate. This suggests a long-term bearish outlook for the JPY/CAD currency pair. (coincodex.com)
Factors Influencing the Exchange Rate
Several factors contribute to the fluctuations in the JPY/CAD exchange rate:
Monetary Policies: Decisions by the Bank of Canada and the Bank of Japan significantly impact the exchange rate. For instance, tightening monetary policy in Canada, such as raising interest rates, can strengthen the CAD, leading to a bullish trend for the JPY/CAD pair. Conversely, expansionary policies in Japan, like quantitative easing, can weaken the JPY, further supporting a bullish outlook for the pair. (vstar.com)
Commodity Prices: Canada's economy is heavily influenced by global commodity prices due to its status as a major exporter. Rising commodity prices can bolster the CAD, leading to a bullish trend for the JPY/CAD pair. Conversely, falling commodity prices can weaken the CAD, resulting in a bearish outlook. (vstar.com)
Economic Indicators: Economic data releases, such as GDP growth rates, employment figures, and trade balances, can influence investor sentiment and impact the exchange rate. Positive economic data from Canada can strengthen the CAD, while negative data can have the opposite effect.
Geopolitical Events: Trade tensions, political instability, and other geopolitical events can create uncertainty in the markets, leading to fluctuations in the JPY/CAD exchange rate. For example, trade disputes involving major economies can affect global trade dynamics, impacting both the JPY and CAD.
Conclusion
The JPY/CAD exchange rate has experienced fluctuations influenced by various economic factors and market dynamics. Technical indicators and forecasts suggest a bearish outlook in the short to medium term, with potential for a slight increase in the long term. Investors and traders should closely monitor monetary policies, commodity prices, economic indicators, and geopolitical events, as these factors play a crucial role in shaping the future movements of the JPY/CAD currency pair.