Today’s Exchange Rate Of Canadian Dollar to Philippine Peso
CANADIAN DOLLAR TO PHILIPPINE PESO — Here is the exchange rate between the Canadian Dollars and the Philippine Pesos today, June 25, 2022.
Most Filipinos chose to live or work outside the Philippines as they want to earn a sustainable income and to also have a more comfortable and better life.
Even though the Regional Tripartite Wages and Productivity Board (RTWPB) has granted a wage hike to some regions in the Philippines, there are several countries that have a promising exchange rate of their currencies with the Philippine Peso.
With this, Filipinos chose to live or work abroad to help their families in the Philippines by sending remittances.
Based on a report in Manila Bulletin last June 21, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said that the best way to look at the peso devaluation is “how is it in relation to the other currencies in the region”. The outgoing BSP chief also said that the peso is “doing well” compared with the other currencies in the region.
Pinoys from Canada are sending money to their family or loved ones in the Philippines, while Filipinos from the Philippines are receiving regular remittances from a family member or a loved one living or working in Canada.
CAD-PHP rate matters to you regardless of whether you are a receiver of money from a family member or a loved one in Canada or a sender of remittances to your family or loved ones. You can have your CAD converted to PHP through money exchange services and financial institutions.
Based on Prokerala, here is the Canadian Dollar to Philippine Peso exchange rate for today, June 25, 2022:
1 Canadian Dollar (CAD) to Philippine Peso (PHP)
- Buying: 42.5775