![]() Currently the mid-market rate for these currencies is 41.718984. The mid-market rate is determined and agreed upon by global banks, and it’s calculated as the mid-point between the cost of buying and selling both CAD and PHP. If you send money with a provider that offers the mid-market rate, this is likely the best rate possible for your transfer, as offering a better rate would mean the provider is making a loss on the transfer. The mid-market or interbank exchange rate is essentially the standard exchange rate for each currency, without any provider costs or rate markups added in. Monitor exchange rates: Sign up for our rate alerts service and receive weekly, bi-weekly, or monthly email updates for your chosen currency directly to your inbox. The current mid-market rate for CAD-PHP currency exchanges is 41.718984. This can help you send money between different countries] at the best rate. Monitoring exchange rate fluctuations allows you to spot trends. Keep an eye on the mid-market rate: The CAD-PHP exchange rate fluctuates by the minute, and major changes can happen without much notice as rates usually respond to real time events. Understand how exchange rates work: Exchange rates are how much one country's currency is worth in another country's currency, and they fluctuate constantly due to factors such as economic indicators, geopolitical events, and market demand. To secure the best transfer rate, you should: This way, you're not just finding the best provider, but also making the most out of the prevailing market conditions. We also offer tools to monitor exchange rate fluctuations, helping you to identify the optimal timing for your transactions. Our comparison tool is designed to streamline this process and help you compare the rates offered by the best money transfer companies and international money transfer apps, alongside their associated fees and transfer speed. Here on, we give you tools designed specifically to help you navigate through this complexity. The exchange rate is subject to constant fluctuations and the rate offered by different providers can vary significantly, as they often factor in their own fees and charges, making the whole process even more complex. Identifying the best CAD to PHP exchange rate can take a bit of work because it involves more than just checking a single number. Purchasing power compared to the Canadian Dollar over the last 10 years.How to get the best CAD to Philippine Peso exchange rate In the last 10 years, the Philippine Peso is ![]() Year to date against the Canadian Dollar. Is the Philippine Peso up or down against the Canadian Dollar? The Canadian Dollar is currently stronger than the Philippine Peso given that 1 CAD is equal to 41.715 PHP.Ĭonversely, 1 PHP is worth 0.02397 CAD. If you execute a trade late in the week, it might not settle until the following week given that forex markets are closed on weekends. Also, it’s best to convert Philippine Pesos to Canadian Dollars early in the week if you need Canadian Dollars urgently. However, the time between 3-4 PM GMT is often a good time to convert Philippine Pesos to Canadian Dollars because currency market liquidity and trading volume tend to be the highest during this time. Exchange rates can fluctuate by the minute while markets are open. The PHP and CAD can be traded 24x5 starting from the time markets open on Monday mornings in Sydney all the way to the time markets close on Fridays at 5 pm in New York. When is the best time to convert PHP to CAD? In the last 10 years, the highest rate from Philippine Pesos to Canadian Dollars was on Januwhen each Philippine Peso was worth $0.03061 CAD. What was the highest PHP to CAD exchange rate in the last 10 years? How much is ₱100,000 in CAD?ġ00,000 Philippine Pesos = 2,397.20 Canadian Dollars as of Decem06:50 AM UTC. Which aggregates real-time forex data from the most authoritative sources. You can get live exchange rates between Philippine Pesos and Canadian Dollars using , PHP to CAD Currency Converter - FAQs How much is ₱1 in CAD?ġ Philippine Peso = 0.02397 Canadian Dollars as of Decem06:50 AM UTC. You’ll now see the value of the converted currency according to the most recent exchange rate. Simply enter the amount of PHP you want to convert to CAD in the box labeled "Amount", and you’re done! You can convert Philippine Pesos to Canadian Dollars by using the currency converter in just one easy step. How to Convert Philippine Pesos to Canadian Dollars? To view rates between the Philippine Peso and the Canadian Dollar for a particular year, click on one of the links below.
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