CAD to PHP Market Data
Canadian dollar (CAD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.
Currency Forecasts related to CAD/PHP
CAD to PHP Exchange Rate Forecast & Outlook
In the near term, CAD/PHP is trading close to its recent lows near 43.15, holding near the 3-month average. Risk sentiment remains pressured by geopolitical and inflation concerns in the Philippines, supported by market caution.
CAD to USD Exchange Rate Forecast & Outlook
Currently, CAD/USD is trading near its 3-month average, supported by stable commodity prices and the recent range. Risk-off sentiment driven by geopolitical tensions continues to pressure the pair.
USD to PHP Exchange Rate Forecast & Outlook
In the near term, USD/PHP is trading close to its recent highs, supported by risk-off conditions and elevated USD risk sentiment. The pair remains supported by the safe-haven status of the USD amid regional geopolitical tensions.
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 * :
*Converted at the current CAD-PHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the best Send Money conversion rate for CAD to PHP?
The best CAD to PHP exchange rate is 43.47 from OFX . This is -0.5% compared to the mid-market rate 43.69.
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?
Looking at the full CAD to PHP - Send Money comparison table the provider with the best CAD to PHP exchange rate is OFX at 43.47, -0.5% from the latest mid-market rate 43.69.
The next best is XE at 43.43, -0.6% from the mid-rate.
Then Wise at 43.34, which is -0.8% from the mid-rate.
The Western Union rate is 43.04 which is -1.5% from the mid-rate.
Among the banks the TD Bank rate is 38.37 at -12.2% and the Royal Bank of Canada rate is 42.46 at -2.8% compared to the mid-rate 43.69.
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.
