Convert Japanese Yen to Canadian Dollar
Please provide values below to convert Japanese Yen [JPY] to Canadian Dollar [CAD], or Convert Canadian Dollar to Japanese Yen.
How to Convert Japanese Yen to Canadian Dollar
1 JPY = 107.766018348624 CAD
Example: convert 15 JPY to CAD:
15 JPY = 15 × 107.766018348624 CAD = 1616.49027522936 CAD
Japanese Yen to Canadian Dollar Conversion Table
Japanese Yen | Canadian Dollar |
---|
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.