CAD-PHP
Medium Volatility
CAD to PHP Exchange Rate Report
May 2026 Analysis
Average Rate
44.3762
Monthly Change
-1.39%
Best Provider
remitly
Data Points
334
Executive Summary
In May 2026, the CAD to PHP exchange rate weakened, moving from 45.8300 to 45.1909 (-1.39% change).
The average rate across all providers was 44.3762, with rates ranging from 42.1788 to 45.9700. Market volatility was medium during this period.
remitly consistently offered the best rates, making it the recommended provider for this corridor during May.
Rate Range Analysis
Lowest Rate
42.1788
Average Rate
44.3762
Highest Rate
45.9700
Opening: 45.8300Closing: 45.1909
Provider Performance
| Provider | Avg Rate | Min | Max | Days Best |
|---|---|---|---|---|
Best remitly | 45.3670 | 44.9000 | 45.9700 | 18 days |
moneygram | 45.3527 | 45.1909 | 45.4843 | 11 days |
worldremit | 45.1002 | 44.6777 | 45.6543 | 1 days |
wise | 44.7163 | 44.1970 | 45.2998 | 1 days |
paysend | 44.5671 | 44.1008 | 45.1466 | |
sendwave | 44.4975 | 43.9623 | 45.0140 | |
pandaremit | 44.4333 | 43.9581 | 45.0088 | |
taptapsend | 44.4177 | 44.0000 | 45.1500 | |
currencyfair | 44.4040 | 43.9050 | 45.0350 | |
westernunion | 44.0085 | 43.5436 | 44.5038 | |
xe | 43.9995 | 43.2602 | 44.7106 | |
ofx | 42.7003 | 42.1788 | 43.2399 |
Best Time to Transfer
Best Day
Monday
Average rate: 44.5013
Avoid
Thursday
Average rate: 44.2300
Based on 334 data points collected throughout May 2026.
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