Bdo Exchange Rate Canadian Dollar To Philippine Peso
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.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