Popular conversions
PHP to other currencies
| Currency | 1 PHP buys |
|---|---|
| PHP to USD US Dollar | 0.01596 USD |
| PHP to EUR Euro | 0.01424 EUR |
| PHP to GBP British Pound | 0.01207 GBP |
| PHP to JPY Japanese Yen | 2.5247 JPY |
| PHP to CAD Canadian Dollar | 0.02274 CAD |
| PHP to AUD Australian Dollar | 0.02292 AUD |
| PHP to CHF Swiss Franc | 0.01326 CHF |
| PHP to CNY Chinese Yuan | 0.10698 CNY |
| PHP to INR Indian Rupee | 1.5365 INR |
| PHP to MXN Mexican Peso | 0.2896 MXN |
About the two currencies
| PHP | USD | |
|---|---|---|
| Name | Philippine Peso | US Dollar |
| Used in | Philippines | United States |
| Symbol | ₱ | $ |
| Central bank | Bangko Sentral ng Pilipinas | Federal Reserve |
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.