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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

18 Apr 2026 • 00:50 GMT

CAD/PHP 43.23

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 43.0340 – 43.8000
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🔴 Downtrend

Currently, CAD/PHP is trading near 43.23, just above its 3-month average within a stable range. The dominant driver is risk sentiment, supported by global market volatility and US dollar strength which pressure the PHP. Over the next few sessions, conditions may remain supported by risk-off flow, but the pair could face downward pressure if risk appetite improves.

💸 Transfer implications

  • Expats: sending money to Philippine Peso (PHP) may be less favourable than recent levels if the pair weakens further.
  • Travellers: buying PHP with CAD could face slightly higher costs if the pair drops.
  • Businesses: paying PHP invoices with CAD might see rates less advantageous if downside movement continues.

🧭 Key drivers

  • Rate gap: The pair is trading close to its 3-month average, showing limited divergence between policy regimes.
  • Risk/commodities: Global risk-off sentiment supported by Middle East tensions and oil prices influences CAD and PHP.
  • Global factors: Market volatility and US dollar strength continue to pressure risk-sensitive currencies, including CAD and PHP.

⚠️ What could change it

  • Upside risk: a reduction in global market volatility and risk aversion could support the pair.
  • Downside risk: improved risk sentiment or a surge in oil prices may push CAD/PHP lower.

BER suggests shopping around for the lowest margin providers to help 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 =
43.23We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d−1.3%▼
90dHighs◓
CAD to PHP at 43.23 is just above its 3-month average, having traded in a quite stable 4.2% range from 42.04 to 43.80
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  1 PHP = 0.023132 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
03 Apr 2026
43.31
1.2% ▲2 Week
17 Jan 2026
42.68
2.7% ▲3 Month
17 Apr 2025
40.96
7.1% ▲1 Year
18 Apr 2021
38.66
13.4% ▲5 Year
19 Apr 2016
36.23
21% ▲10 Year
22 Apr 2006
45.39
3.4% ▼20 Year
CAD/PHP historic rates & change to 17-Apr-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