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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Philippines can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Philippines bank accounts or pay a Philippine peso invoice.
CAD to PHP Market Data
Canadian dollar (CAD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the CAD to PHP Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Canadian dollar against the Philippine peso is to review how the CAD/PHP rate has changed over time.
The table below shows the percentage change in the CAD to PHP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
CAD/PHP
Change
Period
28 May 2025
40.08
1.9% ▲
2 Week
13 Mar 2025
39.75
2.7% ▲
3 Month
11 Jun 2024
42.75
4.5% ▼
1 Year
12 Jun 2020
37.00
10.4% ▲
5 Year
14 Jun 2015
36.78
11% ▲
10 Year
16 Jun 2005
44.74
8.7% ▼
20 Year
CAD/PHP historic rates & change to 11-Jun-2025
#CAD/PHP hits 30-day high at 40.87, up 1.3% from 3-month avg. Strong CDN jobs data + rising oil prices (now at $66.87) boosting loonie's outlook. Analysts predict further CAD gains while PHP faces pressure from weak external balances + political uncertainty
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 * :
The standard OFX CAD-PHP rate is 39.3833, -3.7% from the mid-rate. Visit OFX here to secure the better rate.
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 comparison table
the best CAD to PHP exchange rate is 40.71 from OFX, -0.49% from the mid-market rate 40.91. The next best rate is 40.67 from XE, -0.59% from the mid-rate. Then Wise with 40.67 is -0.59% from the mid-rate.
The Western Union rate is 40.51 which is -0.98% from the mid-rate.
Among the banks the TD Bank rate is 39.41 at -3.7% and the Royal Bank of Canada rate is 39.06 at -4.5% compared to the mid-rate 40.91.
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.
The recent forecasts for the CAD to PHP exchange rate suggest a bullish sentiment for the Canadian dollar, notably supported by a positive employment report from Canada.
The Canadian dollar (CAD) has recently shown resilience, buoyed by an unexpected uptick in employment numbers which reported an increase of nearly 9,000 jobs,...