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    Best CAD to PHP Exchange Rates

    The best CAD to PHP rate is 40.84, and is the current mid-market exchange rate. We help you compare Canadian dollar to Philippine peso rates and costs to this live market rate.

    In this loonie to peso (CAD/PHP) rate guide:

    Compare exchange rates - CAD to PHP

    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.

    The below Rate Comparison Table 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.


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    @bestfxrates : 📊 As of 28 Nov, the CAD/PHP rate stands at 40.76, slipping off a 3-mo avg of 41.36. Despite a stable 5.2% range motion, "market view" suggests mixed feelings as CIBC and Scotiabank forecast a stronger USD. Amid global upheaval & oil price shifts, investors are eyeing BoC moves & PHP volatility. #CADPHP #ForexUpdate

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    CAD to PHP Market Data

    Canadian dollar (CAD) to Philippine peso (PHP) market data - latest interbank mid-rate, trend, chart & historic rates.

    1 CAD =
    40.84We compare provider deals to this wholesale mid-market rate. Read more
    CAD to PHP at 40.89 is 1.1% below its 3-month average of 41.36, having traded in a quite stable 5.2% range from 40.21 to 42.32
    Sell CAD   →   Buy PHP
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      1 PHP = 0.024485 CAD
     no alerts
    14 Nov 2023
    0.8% 2 Week
    30 Aug 2023
    2.6% 3 Month
    28 Nov 2022
    2.7% 1 Year
    29 Nov 2018
    3.6% 5 Year
    30 Nov 2013
    0.8% 10 Year
    03 Dec 2003
    4.2% 20 Year
    CAD/PHP historic rates & change to 28-Nov-2023

    Forecasts for CAD to PHP

    CADPHP chart
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    The Canadian Dollar to Philippine Peso (CAD/PHP) exchange rate has reflected broader currency market dynamics, currently sitting at 40.76, which is a marginal 1.5% dip from the 3-month average of 41.36. FX analysts have observed the CAD/PHP pair moving within a relatively stable range of 5.2% from 40.21 to 42.32. Canada's economic performance, particularly its strong correlation with the US as a major oil exporter, plays a pivotal role in the CAD valuation. Market view indicates that recent downward pressure on the Canadian dollar has been influenced by broader market sentiments rather than core economic differences between the United States and Canada.

    Read our full CAD to PHP forecasts analysis

    CAD to PHP flags

    How to get a good CAD to PHP exchange rate

    There are several ways to save on exchange rates when converting Canadian dollar to Philippine peso:

    1. Shop around for the best CAD/PHP exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the CAD/PHP rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both CAD and PHP at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying Philippine peso with Canadian dollar, then it's better for the CAD/PHP exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Will the Canadian dollar rise against the Philippine peso?

    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 BER Smart Rate Tracker to track and benefit from currency movements.

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    Rather than requiring you to set a target rate, our FX Alerts work differently. Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.

    Read our Currency guide to Philippines - a practical currency and money guide to travel, living and doing business in Philippines with the Philippine peso.


    Country Currency Guides

    CanadaCanada (CAD)PhilippinesPhilippines (PHP)

    What is the cost of living in Philippines?

    The cost of living in Philippines is relatively low compared to other countries. Rent, food, and transportation are all relatively inexpensive.

    How is the expat life in Philippines?

    The expat life in Philippines can be quite comfortable. There is a wide variety of housing options available, from apartments to villas. Many expats live in gated communities with security guards. The cost of living is relatively low, and there are a number of good schools to choose from. English is widely spoken, which makes communication easy.

    Read more at our Philippines (PHP) country guide


    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

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