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CAD to PHP - Rate Guide

Canadian Dollar to Philippine Peso exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 CAD = 38.48 PHP

   Sell CAD / Buy PHP  Switch

CAD to PHP - Trading Range (90 Day)
ALERT: 14-DAY HIGHS 🔔 |
CAD/PHP at 38.46 was trading near the 90-day average 38.53 with a range 38.01 to 39.4. ALERT: CAD/PHP has risen to 14-DAY HIGHS.
21-Feb 5PM-NY 10PM-LON | 22-Feb 9AM-SYD

More Charts


Quick Conversions from Canadian Dollar to Philippine Peso

CAD

PHP

C$ 1
38.48
C$ 5
192.40
C$ 10
384.80
C$ 20
769.60
C$ 50
1,924
C$ 100
3,848
C$ 250
9,620
C$ 500
19,240
C$ 1,000
38,480
C$ 2,000
76,960
C$ 5,000
192,400
C$ 10,000
384,800
C$ 50,000
1,924,000
C$ 100,000
3,848,000
More amounts

CAD

PHP

C$ 0.0260
1
C$ 0.1299
5
C$ 0.2599
10
C$ 0.5197
20
C$ 1.2994
50
C$ 2.5987
100
C$ 6.4968
250
C$ 12.99
500
C$ 25.99
1,000
C$ 51.97
2,000
C$ 129.94
5,000
C$ 259.87
10,000
C$ 1,299
50,000
C$ 2,599
100,000
More amounts

To calculate specific CAD/PHP amounts use our Convert CAD to PHP quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CAD/PHP International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

CAD to PHP International Money Transfers

  

Foreign Transfer Providers Receive PHP(₱)Exchange RateFee CADTotal CostDeal Links
OFX logo
369,900
Best Overall
36.990^3.87%
XE logo
380,000
₱10,100 more
3801.25%
TD Canada Trust logo
366,498
₱3,402 less
37.02C$1004.76%
HSBC logo
362,156
₱7,744 less
36.27C$155.89%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo HSBC logo TD Canada Trust logo Royal Bank of Canada logo
360,521
₱9,379 less
36.35156.31%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
359,469
₱10,431 less
36.31C$1006.58%
Scotiabank logo
359,073
₱10,827 less
36.27C$1006.69%
Royal Bank of Canada logo
355,410
₱14,490 less
35.9C$1007.64%
 
OFX logo
OFX: Foreign Transfer CAD→PHP
From Amount (CAD)C$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:36.99 (3.87% from mid-rate)
To Amount (PHP)369,900
Total Cost:3.87%
Time:
Rate Fetched: Sat Feb 22 2020 18:06:17 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE logo
XE: Foreign Transfer CAD→PHP
From Amount (CAD)C$10,000
Fee:
Exchange Rate:38 (1.25% from mid-rate)
To Amount (PHP)380,000
Total Cost:1.25%
Difference:
₱10,100 PHP more than using OFX
Time:18:10 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
TD Canada Trust logo
TD Canada Trust: Foreign Transfer CAD→PHP
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:37.02 (3.8% from mid-rate)
To Amount (PHP)366,498
Total Cost:4.76%
Difference:
₱3,402 PHP less than using OFX
Time:18:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer CAD→PHP
From Amount (CAD)C$10,000
Fee:C$15 CAD (.15%)
Exchange Rate:36.27 (5.74% from mid-rate)
To Amount (PHP)362,156
Total Cost:5.89%
Difference:
₱7,744 PHP less than using OFX
Time:18:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer CAD→PHP
From Amount (CAD)C$10,000
Fee:15
Exchange Rate:36.56 (4.99% from mid-rate)
To Amount (PHP)360,521
Total Cost:6.31%
Difference:
₱9,379 PHP less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Coast Capital Savings logo
Coast Capital Savings: Foreign Transfer CAD→PHP
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:36.31 (5.64% from mid-rate)
To Amount (PHP)359,469
Total Cost:6.58%
Difference:
₱10,431 PHP less than using OFX
Time:18:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Scotiabank logo
Scotiabank: Foreign Transfer CAD→PHP
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:36.27 (5.74% from mid-rate)
To Amount (PHP)359,073
Total Cost:6.69%
Difference:
₱10,827 PHP less than using OFX
Time:18:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Royal Bank of Canada logo
Royal Bank of Canada: Foreign Transfer CAD→PHP
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:35.9 (6.71% from mid-rate)
To Amount (PHP)355,410
Total Cost:7.64%
Difference:
₱14,490 PHP less than using OFX
Time:18:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 02/22/2020 - View latest rates
 

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money Providers Amount PHP(₱)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
37,130
Best Overall
37.13$03.51%
Royal Bank of Canada logo
36,320
₱810 less
36.3205.62%
TD Canada Trust logo
35,950
₱1,180 less
35.9506.58%
Banks - Average Rate
Scotiabank logo TD Canada Trust logo Royal Bank of Canada logo
35,857
₱1,273 less
36.1C$106.82%
Scotiabank logo
35,300
₱1,830 less
36.02C$208.27%
 
Travelex Online CA logo
Travelex Online CA: Travel Money CAD→PHP
From Amount (CAD)C$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:37.13 (3.51% from mid-rate)
To Amount (PHP)37,130
Total Cost:3.51%
Time:
Rate Fetched: 18:10 Local
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Royal Bank of Canada logo
Royal Bank of Canada: Travel Money CAD→PHP
From Amount (CAD)C$1,000
Fee:
Exchange Rate:36.32 (5.61% from mid-rate)
To Amount (PHP)36,320
Total Cost:5.62%
Time:18:10 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
TD Canada Trust logo
TD Canada Trust: Travel Money CAD→PHP
From Amount (CAD)C$1,000
Fee:
Exchange Rate:35.95 (6.58% from mid-rate)
To Amount (PHP)35,950
Total Cost:6.58%
Time:18:10 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money CAD→PHP
From Amount (CAD)C$1,000
Fee:C$10 CAD (1%)
Exchange Rate:33.67 (12.5% from mid-rate)
To Amount (PHP)35,857
Total Cost:6.82%
Currency Services:Branch
Delivery/Collect:-
 
Scotiabank logo
Scotiabank: Travel Money CAD→PHP
From Amount (CAD)C$1,000
Fee:C$20 CAD (Minimum fee)
Exchange Rate:36.02 (6.39% from mid-rate)
To Amount (PHP)35,300
Total Cost:8.27%
Time:18:10 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 02/22/2020 - View latest rates
 

Country Guides (CAD & PHP)

CanadaCanada (CAD)PhilippinesPhilippines (PHP)

CAD and PHP in the Markets

When determining the best time to make a foreign exchange transaction, in this case the CAD vs PHP, you should pay attention to the recent market trends for both currencies.

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

Philippine Peso (PHP)

It’s been a solid start to 2019 for the Philippine peso, which is up slightly (between 0.6 and 2 percent) against the US dollar, Australian dollar and euro. The peso has rebounded from 13-year lows struck in the fourth quarter of last year courtesy of economic reforms, proposed fiscal spending and an S&P credit rating upgrade.

The peso slipped in the week leading up to May’s Bangko Sentral ng Pilipinas meeting, with traders correctly forecasting an interest rate cut (the first since 2016). The BSP is able to lower rates because inflation has halved over the past 6 months and is back at targeted levels.

The peso steadied post-BSP at levels near 52.2 per USD but might be pressured in the months ahead from further policy easing, which hasn’t been ruled out.

Per an ING analyst, the BSP will be comfortable with peso exchange rates between 52 and 55 per USD, but beyond these levels they might intervene in markets. ING is forecasting USD/PHP at 54 at year-end.


How to get Best CAD to PHP Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

What is a good CAD to PHP exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the CAD to PHP exchange rate to the present day for periods going back upto 10 years.

PeriodChange*CAD/PHPDate
1 Day+0.6%38.230120 Feb 2020
7 Day+0.9%38.152414 Feb 2020
30 Day-0.7%38.738522 Jan 2020
3 Month+0.6%38.266223 Nov 2019
1 Year-2.6%39.489521 Feb 2019
5 Year+9%35.306022 Feb 2015
10 Year-12.3%43.867123 Feb 2010

*For period to 21-Feb 21UTC when CAD/PHP was 38.4774

When is the best time to exchange CAD to PHP?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all CAD Exchange Rates