CAD to PHP Exchange Rates & Currency Deals

   

The CAD is under pressure at 41.26 PHP, influenced by falling oil prices and rising bearish sentiment amid disappointing employment data. Analysts suggest volatility will persist as CAD’s recovery hinges on oil markets and central bank decisions. Watch closely for shifts that could impact rates

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What is the best Send Money conversion rate for CAD to PHP?

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 Loonie to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest CAD-PHP mid-rate and the possible savings of using various providers. 

How do CAD-PHP rates compare between providers?

The next best is Wise at 41.02, -0.58% from the mid-rate.

Then XE at 41.01, which is -0.61% from the mid-rate.

The Western Union rate is 40.85 which is -0.99% from the mid-rate.

Among the banks the TD Bank rate is 39.41 at -4.5% and the Royal Bank of Canada rate is 39.09 at -5.3% compared to the mid-rate 41.26.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.

 

Compare CAD to PHP Transfer Rates