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CADJPY

CADJPY (Canadian Dollar vs Japanese Yen). Exchange rate and online charts.

CADCHF Return to the list of instruments CHFJPY

Currency converter

Canadian Dollar vs Japanise Yen
110.72
22 Nov 2024 23:59
Price Change (% chg)
0.04
(0.04%)
Prev Close
Prev Close

Closing price, the previous day.
110.58
Open
Open

Opening price.
111.21
Day's High
Day's High

The highest price over the last trading day.
110.89
Day's Low
Day's Low

The lowest price over the last trading day
110.12
Week High
Week High

Price range high in the last week
111.5
Week Low
Week Low

Price range low in the last week
110.12
Download archive
Buy
110.72
Sell
110.72
Open the chart in full screen view
Buy
110.72
Sell
110.72
Download archive
Open the chart in full screen view

For the CAD/JPY pair, the Canadian dollar is the base currency while the Japanese yen is the quote currency. This instrument is one of the most unpredictable currency pairs which dynamics is hard to forecast by technical analysis.

Due to the high sensitivity of the aforesaid currencies to different political and economic events, the use of the CAD/JPY trading instrument is not recommended for beginner traders.

Each currency of the pair above is influenced by oil prices; it sets a strong dynamics for the instrument. Both currencies respond to a hike of oil price antithetically. For example, while the Canadian dollar rises, the yen falls – in such case, a strongly pronounced uptrend arises.

The Canadian dollar, also known as 'loonie', is the seventh world currency by the trade volume; and it depends highly on the economic indicators of the USA and on raw material cost.

The Japanese yen is the third world currency by the trade volume. Due to the low inflation and high stability of the Japanese economy, the yen is regarded as a safe haven currency. Low interest rates make up contribute to the low value of the yen against other major currencies.

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