Canadian Dollar – Japanese Yen (CAD/JPY)
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CAD (Canadian dollar)
Currency unit of Canada. It belongs to a group of commodity currencies
Issued by: Bank of Canada
The price dynamics mainly depend on oil prices, interest rates of the Bank of Canada, inflation and growth rates of the Canadian economy.
JPY (Japanese yen)
Currency unit of Japan. It is one of the main currencies of the Asian-Pacific Region with a floating rate.
Issued by: Bank of Japan
The price dynamics depend on the interest rates of the Bank of Japan, inflation and growth rates of the region’s economy. For many years the main priority for the country has been to stimulate growth and to counter deflation by means of capping the national currency appreciation.