Convert Canadian Dollar to Philippine Peso
Please provide values below to convert Canadian Dollar [CAD] to Philippine Peso [PHP], or Convert Philippine Peso to Canadian Dollar.
How to Convert Canadian Dollar to Philippine Peso
1 CAD = 0.0239277303516015 PHP
Example: convert 15 CAD to PHP:
15 CAD = 15 × 0.0239277303516015 PHP = 0.358915955274023 PHP
Canadian Dollar to Philippine Peso Conversion Table
| Canadian Dollar | Philippine Peso |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.