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    CAD to PHP Forecasts

    Analysis of recent loonie→peso forecasts. We collate forecasts from respected FX analysts together with the latest CAD to PHP performance and trends.


    Forecasts for CAD to PHP

    CADPHP chart

    According to recent exchange rate analyst forecasts and currency market updates, the Canadian dollar (CAD) to Philippine peso (PHP) exchange rate is expected to remain relatively stable in the near term. The CAD has faced challenges against the US dollar (USD) due to the risk-on and risk-off environments in financial markets, rather than any fundamental issues in the US and Canada. Both economies are strongly correlated, and any adverse effects on the Canadian dollar are likely to be driven by factors such as housing price declines and wealth effects.

    On the other hand, the Philippine peso experienced a significant drop of nearly 20% against the USD due to the war in Ukraine, which caused a flight to safety. However, the recent CAD to PHP price data indicates that the exchange rate is currently trading at 42.01, which is just 0.7% above its 3-month average of 41.73. The exchange rate has been relatively stable, fluctuating within a narrow range of 3.0% from 41.07 to 42.32.

    Furthermore, as Canada is a major oil exporter, the CAD can be impacted by oil price movements. Recent data shows that the Brent Crude OIL/USD price is at 95.14, which is 11.4% above its 3-month average of 85.37. Oil prices have been highly volatile, ranging from 72.26 to 96.61. Any significant trends in oil prices can also influence the CAD to PHP exchange rate.

    In conclusion, based on the market view and recent data, the CAD to PHP exchange rate is expected to remain relatively stable in the near term, with any potential negative pressure on the CAD being driven by factors such as housing price declines and wealth effects. It is important to monitor both the US and Canadian economies, as well as any developments in the oil market, to gain a better understanding of potential future movements in the exchange rate.

    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.

    @bestfxrates : FX analysts expect the CAD/PHP exchange rate to remain relatively stable for now, with CAD trading at 42.01 PHP, holding steady in the narrow range of 41.07 to 42.32. Economic correlations and elements like housing price declines could bring fluctuations. Keep an eye on oil market developments as they may affect CAD trends. #CADPHP #ForexUpdate

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    CAD to PHP Market Data

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

    1 CAD =
    41.68We compare provider deals to this wholesale mid-market rate. Read more
    CAD to PHP is at 14-day lows near 41.72, near its 3-month average, having traded in a very stable 3.0% range from 41.07 to 42.32
    Sell CAD   →   Buy PHP
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      1 PHP = 0.023990 CAD
    15 Sep 2023
    0.5% 2 Week
    01 Jul 2023
    0% 3 Month
    29 Sep 2022
    2.7% 1 Year
    30 Sep 2018
    0.9% 5 Year
    01 Oct 2013
    0.7% 10 Year
    04 Oct 2003
    2% 20 Year
    CAD/PHP historic rates & change to 29-Sep-2023

    Will the Canadian dollar rise against the Philippine peso?

    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 BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to Philippines - a practical currency and money guide to travel, living and doing business in Philippines with the Philippine peso.


    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