The Philippine Peso (PHP) is the official currency of the Philippines, a country known for its beautiful beaches and vibrant culture. The PHP symbolizes economic strength and stability in the Philippines, and its exchange rate holds significant importance in both local and international financial transactions.
Philippine Peso (PHP) Exchange Rates:
| Currency | Name | Rate (1 PHP) |
|---|---|---|
| AUD | Australian Dollar | 0.02704 |
| BGN | Bulgarian Lev | 0.02946 |
| BRL | Brazilian Real | 0.09487 |
| CAD | Canadian Dollar | 0.0243 |
| CHF | Swiss Franc | 0.01412 |
| CNY | Chinese Renminbi Yuan | 0.12565 |
| CZK | Czech Koruna | 0.36967 |
| DKK | Danish Krone | 0.11242 |
| EUR | Euro | 0.01506 |
| GBP | British Pound | 0.01302 |
| HKD | Hong Kong Dollar | 0.13694 |
| HUF | Hungarian Forint | 5.9776 |
| IDR | Indonesian Rupiah | 286.39 |
| ILS | Israeli New Sheqel | 0.05909 |
| INR | Indian Rupee | 1.5382 |
| ISK | Icelandic Króna | 2.1568 |
| JPY | Japanese Yen | 2.5871 |
| KRW | South Korean Won | 24.479 |
| MXN | Mexican Peso | 0.32724 |
| MYR | Malaysian Ringgit | 0.07401 |
| NOK | Norwegian Krone | 0.17827 |
| NZD | New Zealand Dollar | 0.02998 |
| PLN | Polish Złoty | 0.06417 |
| RON | Romanian Leu | 0.07618 |
| SEK | Swedish Krona | 0.16803 |
| SGD | Singapore Dollar | 0.02256 |
| THB | Thai Baht | 0.56968 |
| TRY | Turkish Lira | 0.72023 |
| USD | United States Dollar | 0.01756 |
| ZAR | South African Rand | 0.30968 |
Philippines Location :
PHP Exchange Rates in Perspective:
The Philippines operates a floating exchange rate system, where the PHP’s value is influenced by factors like economic performance, inflation, and trade relationships with neighboring countries and global partners.
PHP to USD Exchange Rate: The PHP to USD rate is vital for the Philippines’ international trade and remittances, as many transactions are conducted with the United States, the Philippines’ largest trading partner.
PHP to EUR Rate: Fluctuations in the PHP to EUR rate can impact businesses and travelers engaged in trade and tourism between the Philippines and Eurozone countries.
PHP to JPY Exchange Rate: Given the economic interactions between the Philippines and Japan, the PHP to JPY rate is relevant for trade and investment activities between the two nations.
PHP to CNY Rate: As the Philippines strengthens economic ties with China, the PHP to CNY rate gains relevance in bilateral trade and investment activities between the two nations.
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