Royal Bank of Canada CAD to PHP Transfers Compared
CAD-PHP Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Royal Bank of Canada 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 Royal Bank of Canada Exchange Rates & Fees - Save Time & Money
Our Royal Bank of Canada CAD 10000 to PHP rate is 41.55. This is -2.8% below the mid-rate.
Royal Bank of Canada - CAD Rate Margin Analysis
The average CAD rate margin offered by Royal Bank of Canada is 2.8%.
This average is based on individual CAD 10K transfer rates in the currency pairs from Royal Bank of Canada that we monitor.
Royal Bank of Canada - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Royal Bank of Canada for Canadian dollar (CAD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Royal Bank of Canada Best Value Rates (Lowest Margins)
Bias: CAD/PHP remains bullish-to-range-bound, slightly above the 90-day avg. Key drivers: - Rate gap: BOC cuts rates for growth; BSP may also lower rates, pressuring PHP. - Oil prices up, aiding CAD. Range: Likely to stay within recent 3-month levels. What could change it: - Upside: Rising oil prices boost CAD. - Downside: Significant PHP weakness could drag CAD/PHP down
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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
Royal Bank of Canada Send Money conversion rate for CAD to PHP?
The Royal Bank of Canada CAD to PHP exchange rate is 41.55. This is -2.8% compared to the latest CAD-PHP mid-market rate 42.75.
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
Royal Bank of Canada - Loonie to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Royal Bank of Canada and other foreign exchange providers against the latest CAD-PHP mid-rate and the possible savings of using various providers.
How do Royal Bank of Canada 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 42.54, -0.49% from the latest mid-market rate 42.75.
The next best is XE at 42.49, -0.61% from the mid-rate.
Then Wise at 42.36, which is -0.91% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Royal Bank of Canada 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.
View a full list of exchange rates by selecting your Base (from) currency: