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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

13 Jun 2026 • 00:48 GMT

CAD/PHP 43.42

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 42.3070 – 43.4200
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, CAD/PHP is trading close to its 30-day lows near 43.42, holding below its 3-month average. The pair is supported by risk-off sentiment and US dollar strength, which pressure the Philippine Peso. Near-term conditions suggest the pair may remain pressured within its recent range, with further declines possible if risk appetite remains subdued.

💸 Transfer implications

  • Expats: sending money to the Philippines may find current levels less favourable than recent months.
  • Travellers: exchanging currency could see higher costs for PHP if the pair weakens further.
  • Businesses: paying overseas PHP invoices might face less favourable rates if the pair declines.

🧭 Key drivers

  • Rate gap: The Bank of Canada’s cautious rate stance at 4.50% contributes to a gap favoring softer CAD.
  • Risk/commodities: Global market volatility and US dollar strength continue to support safe-haven assets, pressuring risk-sensitive currencies like CAD.
  • Global factors: Oil prices, relevant for Canada's energy exports, influence the pair alongside risk sentiment.

⚠️ What could change it

  • Upside risk: A spike in risk appetite or oil prices could support CAD and push the pair higher.
  • Downside risk: Further escalation in global market volatility or USD strength may deepen the pair’s decline.

BER suggestions: comparing FX providers may help offset less favourable exchange conditions and 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 =
43.42We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d−0.5%▼
CAD to PHP is at 30-day lows near 43.42, 1.5% below its 3-month average of 44.07, having traded in a quite stable 5.3% range from 43.06 to 45.34
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  1 PHP = 0.023030 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
29 May 2026
44.56
2.2% ▼2 Week
14 Mar 2026
43.15
1% ▲3 Month
12 Jun 2025
41.02
6.2% ▲1 Year
13 Jun 2021
39.28
10.9% ▲5 Year
14 Jun 2016
36.01
21% ▲10 Year
17 Jun 2006
47.50
8.3% ▼20 Year
CAD/PHP historic rates & change to 12-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