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, July 1, 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 27, BSP officials said that the Philippine Peso is “not inherently weak” but the local currency is depreciating because of the strength of the United States dollar.
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.
The Philippines’ financial institutions offer money exchange rate services during weekdays — including BDO Unibank Inc. Here is the Canadian Dollar to Philippine Peso exchange rate for today, July 1, 2022:
1 Canadian Dollar (CAD) to Philippine Peso (PHP)
- Buying: 41.6400
- Selling: 43.1200