CAD to PHP

Converting Canadian Dollar into Philippine Peso: rate, costs and context

The page you are reading follows the exchange rate between Canadian Dollar (CAD) and Philippine Peso (PHP) and sets it next to the cost of an actual conversion at a range of providers. As of October 30, 2026, 1 CAD equals 45.5972 PHP, and 1 PHP comes to 0.021931 CAD.

That headline number is the mid-market rate. It is calculated as the middle of the price at which large banks buy CAD and the price at which they sell it. It works as a fair reference point: no fee or margin is built in, so you rarely get it as a private customer.

What you actually receive comes down to two separate costs: a markup hidden in the exchange rate and the visible transfer or service fee. Below the converter and chart we explain how those costs work, show how they add up on a real amount and share simple habits to keep more of your money when converting CAD to PHP.

Where Canadian Dollar and Philippine Peso are used

Canadian Dollar is the money you pay with in Canada. Philippine Peso is the official currency of Philippines. This matters for anyone who earns in one of these currencies and spends in the other.

People convert CAD to PHP for many reasons: rent or a mortgage abroad, tuition fees, a salary paid in another currency, savings or a holiday. What suits one case may not suit another: a one-off large payment calls for the best rate, while regular small amounts are more sensitive to fixed fees.

Each country has its own payment habits. Depending on the country, you need an IBAN, a local account number or a mobile wallet and in certain countries cash pickup or mobile money is common. Have the recipient’s full details ready before you begin.

SWIFT versus local payout for CAD to PHP

Your regular bank usually sends the money through SWIFT. Your transfer may hop between several banks before it arrives, each of which can deduct a charge. It typically arrives within a few working days, and the exact cost is not always clear in advance.

Specialised transfer services often work differently. They have local accounts on both sides, so no money physically crosses the border: you pay in locally and the recipient is paid out locally. That is often faster and cheaper, with the final PHP amount fixed upfront.

How fast a transfer really is depends on more than the provider: your payment method, cut-off times and public holidays on either side. The very first payment may be slower as the provider completes its checks. Upload your documents early when a deadline is involved.

One year of CAD to PHP

Over the past twelve months, the price of CAD in PHP moved by +8.36%. Within those twelve months the rate peaked at 45.6208 PHP per CAD, and the bottom of the range was 41.6219. At 45.5972, the rate today sits somewhere inside that range.

The spread between the year’s extremes puts the movement into real terms. On a large conversion, the moment of conversion matters in actual money, even when the fee stays the same.

The rate reflects news, economic data and supply and demand on the market. The statistics here are historical, not a forecast. If you are waiting for a particular level, it is more practical to set an alert than to guess.

How providers price CAD to PHP

Most providers will not give you the mid-market rate as such. Instead they shift the rate in their own favour and pocket the gap. People call this the spread. A markup of 2%, for example, means that about 2 out of every 100 CAD never reach the recipient.

Next to that markup, many providers add a visible fee. This is usually a flat charge per payment, a percentage of the amount or a mix of both. With international bank payments other banks along the route may take their own cut, so the recipient gets less than you expected.

Look twice at offers that say "no fees" or "0% commission". The cost often sits in the rate instead. The only fair way to compare is the final PHP figure for exactly the same sum, and that is the figure our table ranks on.

How to get a better CAD to PHP rate

Compare the total cost, not the fee alone. A small fee on its own says little because the margin can make up the difference. What you want to know is how much PHP arrives for your CAD, and that already includes both margin and fee.

When you pay by card abroad, a terminal may offer to charge you in your home currency. The trade name for this is dynamic currency conversion. The rate used is usually poor. Always opt to pay in the local currency and the conversion follows your card’s own terms.

Timing plays a role too. At weekends, with the wholesale market shut, some services add an extra buffer to the rate. If you are not in a hurry, you can set a target rate and let the provider convert only when it is reached. That avoids guessing, but the target may never be reached.

Finally, look at how you pay. Card payments often cost more than a bank transfer, while a regular bank transfer to the provider is usually the cheapest way in. Sending less often but in larger amounts also cuts the impact of fixed fees.

Sending a larger amount from CAD to PHP

Make sure the provider is licensed. Look for authorisation from the FCA in the UK or the financial regulator in your own country. Regulation includes rules on keeping your money apart from the company’s own.

Check names and account details twice. Mistakes are rarely fixed quickly with transfers abroad. Be suspicious if someone urges you to pay quickly or suddenly changes bank details. Call to confirm, using contact details you already had.

Big sums usually trigger extra verification. Have documents ready that show where the money came from, for example a contract of sale or an account statement. For big amounts it can pay to ask for a better rate. Some also let you lock in a rate for a short period.

How we rank providers for CAD to PHP

We start from the live mid-market rate for CAD/PHP. We then apply each provider’s published fees and exchange rate margin, which gives the amount the recipient receives. In total 8 providers are included, placed side by side.

Rates are refreshed every 30 minutes, and the date on the page shows when the data was last updated. Always check the final quote in the provider’s app or website, and it can differ slightly from our calculation, especially when markets are busy.

We are not owned by any provider. Some of the links are affiliate links, which help fund our work. They have no influence on the order: the provider that delivers the most PHP comes first, whether or not we have a link to it.

Example: converting 1,000.00 CAD

Let’s use a transfer of 1,000.00 CAD. Using the reference rate of 45.5972, that marks the theoretical maximum of what any provider could deliver in PHP. In practice nobody hands over that full amount, as costs are deducted somewhere in the process.

Looking at all 8 providers we track, Revolut delivered the most: the recipient gets 45,369.23 PHP at the time of our last update. The difference between that figure and the mid-market amount shows the true cost, fees and margin combined.

Note that a different amount can produce a different winner. Fixed fees weigh heavily on small sums, whereas a percentage margin grows along with the amount. Run your own figure through the converter and check whether the order changes.