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Bdo Exchange Rate Canadian Dollar To Philippine Peso

Currency Exchange

Introduction

BDO or Banco de Oro is one of the leading banks in the Philippines. It is known for its excellent services, including foreign exchange. Among the currencies BDO exchanges, the Canadian dollar is one of the most popular. This article will discuss the BDO exchange rate for Canadian dollar to Philippine peso.

About BDO

BDO is a full-service universal bank in the Philippines. It provides a complete array of industry-leading products and services to its clients. BDO is also recognized as the largest bank in the country, with over 1,400 branches nationwide.

What is Exchange Rate?

Exchange rate is the value of one currency for the purpose of conversion to another currency. It is the rate at which one currency will be exchanged for another.

Canadian Dollar to Philippine Peso Exchange Rate Today

As of today, the BDO exchange rate for Canadian dollar to Philippine peso is 37.24. This means that for every one Canadian dollar, you can get 37.24 Philippine pesos.
Canadian Dollar

Factors Affecting the Exchange Rate

Several factors can affect the exchange rate between Canadian dollar and Philippine peso. These include:

1. Inflation rates in both countries

2. Economic performance of both countries

3. Political stability in both countries

4. Trade relations between both countries

5. Demand and supply for both currencies in the foreign exchange market

How to Check the Current Exchange Rate

You can easily check the current BDO exchange rate for Canadian dollar to Philippine peso on their website. You can also visit any BDO branch near you to inquire about the current exchange rate.

How to Exchange Canadian Dollar to Philippine Peso

To exchange Canadian dollar to Philippine peso at BDO, you need to follow these steps:

1. Visit any BDO branch near you

2. Bring your Canadian dollars and a valid ID

3. Fill out the necessary forms and provide the required information

4. Wait for the teller to process your transaction

5. Receive your Philippine pesos

Exchange Rate Comparison

It's always a good idea to compare exchange rates before making any transactions. Here's a comparison of the BDO exchange rate for Canadian dollar to Philippine peso with other banks:

1. BPI - 37.38

2. Metrobank - 37.20

3. PNB - 37.30

Conclusion

BDO offers a competitive exchange rate for Canadian dollar to Philippine peso. It is important to check the current exchange rate and compare it with other banks before making any transactions. With BDO's excellent services and reputation, you can be assured of a hassle-free foreign exchange experience.

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