CAD to PHP Exchange Rate Today, November 11, 2022

Today’s Exchange Rate Of CAD to PHP

CAD TO PHP — Here is the exchange rate between the Canadian Dollar and the Philippine Peso today, November 11, 2022.

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, November 11, 2022:

1 Canadian Dollar (CAD) to Philippine Peso (PHP)

  • Buying: 42.9104
Canadian Dollar (CAD) to Philippine Peso (PHP)

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.

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.

According to a report, the Philippines’s net foreign direct investments (FDI) continued to decrease as of end August 2022 to USD 5.899 billion, down by 13% from same period last year of USD 6.782 billion.

The Bangko Sentral ng Pilipinas (BSP), which released the latest FDI data last November 10, attributed the slowdown in foreign direct investments to “concerns over weakening global growth prospects”, particularly with the “moderating demand and policy tightening in major economies”.

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