Popular conversions
PHP to other currencies
| Currency | 1 PHP buys |
|---|---|
| PHP to USD US Dollar | 0.01571 USD |
| PHP to EUR Euro | 0.01404 EUR |
| PHP to GBP British Pound | 0.01175 GBP |
| PHP to JPY Japanese Yen | 2.4638 JPY |
| PHP to CAD Canadian Dollar | 0.02199 CAD |
| PHP to AUD Australian Dollar | 0.02238 AUD |
| PHP to CHF Swiss Franc | 0.01295 CHF |
| PHP to CNY Chinese Yuan | 0.10481 CNY |
| PHP to INR Indian Rupee | 1.4918 INR |
| PHP to MXN Mexican Peso | 0.29512 MXN |
About the two currencies
| PHP | MXN | |
|---|---|---|
| Name | Philippine Peso | Mexican Peso |
| Used in | Philippines | Mexico |
| Symbol | ₱ | MX$ |
| Central bank | Bangko Sentral ng Pilipinas | Banco de México |
Where the rates come from
For the 30 currencies it covers, we use the euro foreign exchange reference rates published by the European Central Bank each working day at around 16:00 CET, converted to other bases. For other currencies we use daily market rates from ExchangeRate-API. These are mid-market rates: the midpoint between buying and selling prices. The rate you actually get from a bank, card or exchange office includes a margin; enter it in "Your bank's margin" to see the difference.
Getting a better rate
Airport kiosks and hotel desks often charge 5% to 10% over the mid rate. High-street banks typically add 2% to 4% plus fees on international transfers. Cards without foreign transaction fees and specialist transfer services usually come within 0.5% to 1%. When a card terminal abroad offers to charge you in your home currency, decline: that dynamic currency conversion almost always uses a worse rate.