The comparison table above helps you see the total cost of your Bank of Montreal currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Bank of Montreal Exchange Rates & Fees - Save Time & Money
Our Bank of Montreal CAD to PHP rate is 39.17. This is -5.6% below the mid-rate.
CAD to PHP Market Data
Canadian dollar (CAD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the CAD to PHP Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the Philippine peso is to review how the CAD/PHP rate has changed over time.
The table below shows the percentage change in the CAD to PHP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/PHP
Change
Period
10 Jun 2025
40.87
1.5% ▲
2 Week
26 Mar 2025
40.38
2.7% ▲
3 Month
24 Jun 2024
43.00
3.6% ▼
1 Year
25 Jun 2020
36.68
13.1% ▲
5 Year
27 Jun 2015
36.60
13.3% ▲
10 Year
29 Jun 2005
45.54
8.9% ▼
20 Year
CAD/PHP historic rates & change to 24-Jun-2025
The CAD to PHP is currently at 41.75, above its 3-month avg of 40.59, reflecting strength due to stable oil prices and a pause in BoC rate cuts. Experts warn ongoing geopolitical tensions and U.S. tariffs could limit CAD gains. Stay alert for market shifts and oil volatility
@bestfxrates
CAD to PHP Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Canadian dollar are worth in Philippine peso across a range of amounts.
This gives a quick view of what you’d get when converting different CAD amounts at today’s rate * :
What is the
Bank of Montreal Send Money conversion rate for CAD to PHP?
The Bank of Montreal CAD to PHP exchange rate is 39.17. This is -5.6% compared to the latest CAD-PHP mid-market rate 41.51.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Canadian dollar (CAD) to Philippine peso (PHP) rates from different sources before making a conversion.
The above
Bank of Montreal - Loonie to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Bank of Montreal and other foreign exchange providers against the latest CAD-PHP mid-rate and the possible savings of using various providers.
How do Bank of Montreal CAD-PHP rates compare between providers?
Looking at the full
CAD to PHP - Send Money comparison table the provider with the best CAD to PHP exchange rate is OFX at 41.3, -0.51% from the latest mid-market rate 41.51.
The next best is XE at 41.26, -0.6% from the mid-rate.
Then Wise at 41.26, which is -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Bank of Montreal often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.