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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

09 May 2026 • 00:48 GMT

CAD/PHP 44.27

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 44.2700 – 45.3400
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend:

Currently, CAD/PHP is trading close to recent highs around 44.27, supported by risk-off sentiment and oil market concerns. Over the next few sessions, the pair may face pressure if global risk appetite improves, but conditions suggest a broadly sideways outlook with potential for slight weakening.

💸 Transfer implications

  • Expats: sending money to the Philippines may find CAD less favourable than recent levels if the pair declines.
  • Travellers: exchanging CAD for PHP might experience slightly less advantageous rates if the pair drops.
  • Businesses: paying PHP invoices may face higher costs if the pair weakens further.

🧭 Key drivers

  • Rate gap: The Canadian yield advantage has narrowed, leaving the pair vulnerable to risk-off flows.
  • Risk/commodities: Global risk aversion and oil price volatility support safe-haven currencies, pressuring CAD.
  • Global factors: Risk sentiment remains dominated by geopolitical tensions and commodity market fluctuations.

⚠️ What could change it

  • Upside risk: A stabilization in oil prices and easing risk aversion could support a rebound in CAD.
  • Downside risk: Improvement in global risk sentiment or a rally in safe-havens might deepen CAD weakness.

Finding providers with lower margins can help reduce total transfer costs.

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 =
44.83We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d+1.1%▲
CAD to PHP at 44.71 is 2.8% above its 3-month average of 43.5, having traded in a relatively stable 7.8% range from 42.04 to 45.34
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  1 PHP = 0.022308 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 Apr 2026
44.60
0% ▲2 Week
10 Feb 2026
43.17
3.4% ▲3 Month
11 May 2025
39.76
12.2% ▲1 Year
12 May 2021
39.54
12.8% ▲5 Year
13 May 2016
36.09
23.6% ▲10 Year
16 May 2006
47.14
5.3% ▼20 Year
CAD/PHP historic rates & change to 11-May-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