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CAD to PHP Forecasts – Canadian dollar to Philippine peso

Latest CAD to PHP forecasts including bank predictions, key market drivers and recent trends for CAD/PHP. See where analysts expect the pair to move and the factors likely to influence it.

 

CAD to PHP Forecast & Outlook

06 Jun 2026 • 00:47 GMT

CAD/PHP 44.36

📊 Forecast snapshot

  • Near-term bias: 🟠 Range-bound, downside bias
  • Expected range: 44.3600 – 45.3400
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟠 Range-bound, downside bias

Currently, CAD/PHP is trading close to its 90-day average, supported by risk-off sentiment from recent global risk aversion. The pair remains within a narrow range, with limited directional bias. Over the next few sessions, the pair may remain supported by safe-haven flows and stable risk conditions, keeping the exchange rate within its recent bounds.

💸 Transfer implications

  • Expats: sending money to the Philippines may find current levels relatively supportive but should watch for any shifts if the pair weakens.
  • Travellers: buying PHP cash or loading currency cards might face slightly less favourable exchange conditions.
  • Businesses: paying PHP invoices with CAD could see stable costs but should monitor for potential weakening if the pair dips.

🧭 Key drivers

  • Rate gap: Canadian rate advantage has narrowed, with policy signals showing limited divergence.
  • Risk/commodities: Risk-off flows, supported by global risk aversion and oil price volatility, are weighing on CAD.
  • Global factors: The USD strengthening is pressuring the pair, reflecting broader safe-haven demand.

⚠️ What could change it

  • Upside risk: A shift toward risk appetite or stabilization in oil prices could boost CAD.
  • Downside risk: Renewed risk-off conditions or a deeper USD rally could pressure the pair further.

BER suggests shopping around for the lowest margin provider to help reduce overall transfer costs and offset less favourable exchange conditions.

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 =
44.05We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d−0.1%
CAD to PHP at 44.02 is near its 3-month average, having traded in a quite stable 5.3% range from 43.06 to 45.34
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  1 PHP = 0.022700 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
27 May 2026
44.39
0.7% 2 Week
12 Mar 2026
43.62
1% 3 Month
10 Jun 2025
40.87
7.8% 1 Year
11 Jun 2021
39.30
12.1% 5 Year
12 Jun 2016
36.07
22.2% 10 Year
15 Jun 2006
47.65
7.5% 20 Year
CAD/PHP historic rates & change to 10-Jun-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