The comparison table above helps you see the total cost of your 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’.
PHP to CAD Market Data
Philippine peso (PHP) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell PHP →
Buy CAD
1 PHP = 0.023417 CAD
1d+0.2%▲
PHP to CAD at 0.023356 is 1.2% below its 3-month average of 0.023637, having traded in a very stable 3.9% range from 0.023246 to 0.024145
Bias: range-bound, CAD/PHP sits near the upper end of the three-month range, and the longer-term average context isn’t available to confirm a directional move.
Bias
range-bound, CAD/PHP sits near the upper end of the three-month range, and the longer-term average context isn’t available to confirm a directional move.
Key drivers
- Rate gap: BoC’s policy rate is lower after its latest cut, while BSP’s stance remains comparatively firmer, widening the yield gap and keeping PHP relatively supported against CAD on some days.
- Oil/risk commodities: Oil trades above its longer-run average with noticeable volatility; a firmer oil backdrop tends to lift CAD because Canada is a major oil exporter.
- Macro factor: Peso depreciation pressures persist as external demand softens; the BSP continues a market-driven policy framework with ample reserves.
Range
the pair is expected to drift within the recent three-month corridor, with a tilt toward testing the upper area but not breaking out decisively.
What could change it
- Upside risk: a sustained oil rally and a potential hawkish tilt from the BoC could push CAD higher against PHP.
- Downside risk: renewed PHP weakness if external shocks intensify or if the USD strengthens significantly
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PHP to CAD 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 Philippine peso are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different PHP amounts at today’s rate * :
What is the
best Send Money conversion rate for PHP to CAD?
The best PHP to CAD exchange rate is 0.0233 from Wise. This is -0.5% compared to the mid-market rate 0.023417.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Philippine peso (PHP) to Canadian dollar (CAD) rates from different sources before making a conversion.
The above
Peso to Loonie 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 PHP-CAD mid-rate and the possible savings of using various providers.
How do PHP-CAD rates compare between providers?
Looking at the full
PHP to CAD - Send Money comparison table the provider with the best PHP to CAD exchange rate is Wise at 0.0233, -0.5% from the latest mid-market rate 0.023417.
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.