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CAD to PHP Rates - 2026 Forecast

Analysis of recent loonie → peso forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Philippine peso performance and trends.

 

CAD/PHP Outlook:

The CAD/PHP rate remains slightly weaker and likely to move sideways, trading about 1.4% below its 3-month average and near the lower end of its recent range. There is no strong driver to shift its position significantly in either direction.

Key drivers:

• Rate gap: The Bank of Canada's recent interest rate cut and cautious policy contrasts with the aggressive easing by the U.S. Federal Reserve, exerting downward pressure on the CAD.

• Risk/commodities: With oil prices currently 10.5% above their 3-month average, this volatility impacts the CAD, but its positive influence is muted by broader market conditions.

• One macro factor: Ongoing political and fiscal instability in the Philippines, stemming from corruption scandals, continues to cloud the outlook for the PHP.

Range:

The CAD/PHP rate is likely to hold steady within its recent range without testing extremes.

What could change it:

• Upside risk: A significant stabilization or rise in oil prices could support a CAD recovery.

• Downside risk: Continued political upheaval in the Philippines may further weaken the PHP against the CAD.

CAD-PHP Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to PHP Market Data

Canadian dollar (CAD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell CAD   →   Buy PHP
1 CAD =
42.03We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d−0.6%▼
 
CAD to PHP at 42.13 is 1.4% below its 3-month average of 42.71, having traded in a quite stable 4.8% range from 41.73 to 43.72
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  1 PHP = 0.023792 CAD

Compare & Save - Canadian dollar to Philippine peso

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Canadian dollar (CAD) to Philippine peso (PHP) rates from different sources before making a conversion.

Use our CAD to PHP calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Loonie to Peso currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Philippine peso?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Philippine peso current value is to look the CAD/PHP historic rate and change over a range of periods.

The following table looks at the change in the CAD to PHP exchange rate over periods from the previous week back to the last 10 years.

DateCAD/PHPChangePeriod
10 Feb 2026
43.17
2.4% ▼2 Week
26 Nov 2025
41.86
0.6% ▲3 Month
24 Feb 2025
40.55
3.9% ▲1 Year
25 Feb 2021
38.82
8.5% ▲5 Year
27 Feb 2016
35.14
19.9% ▲10 Year
01 Mar 2006
45.18
6.8% ▼20 Year
CAD/PHP historic rates & change to 24-Feb-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add CAD/PHP to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more