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 Canada 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 Canada bank accounts or pay a Canadian dollar invoice.
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 = 0.023244 CAD
1d−0.1%▼
PHP to CAD at 0.023286 is 2.0% below its 3-month average of 0.023768, having traded in a quite stable 4.1% range from 0.023265 to 0.024213
Is the PHP to CAD 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 Philippine peso against the Canadian dollar is to review how the PHP/CAD rate has changed over time.
The table below shows the percentage change in the PHP to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The CAD to PHP exchange rate has been influenced by a combination of domestic economic factors in Canada and the Philippines, alongside global commodity trends.
The recent forecasts for the USD to CAD exchange rate indicate a potential weakening of the US dollar against the Canadian dollar as traders anticipate...
The CAD to PHP exchange rate is currently range-bound. The Bank of Canada holds its policy rate at 2.25%, providing stability for the CAD, while the Bangko Sentral ng Pilipinas has relaxed its monetary policy with rate cuts, impacting the peso negatively. Recent strong job growth in Canada and concerns over Philippine economic growth further influence this rate.
Expect the CAD to PHP exchange rate to remain stable in the near term. Upside risks include a rebound in oil prices, which could strengthen the CAD, while a downturn in the Philippines’ economy may weaken the peso.
@bestfxrates
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 0.0231 from Wise. This is -0.62% compared to the mid-market rate 0.023244.
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 0.0231, -0.62% from the latest mid-market rate 0.023244.
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.
View a full list of exchange rates by selecting your Base (from) currency: