What is the current MXN to PHP exchange rate?

The current mid-market exchange rate is 1 MXN = 3.4188 PHP. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MXN to PHP rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MXN to PHP?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MXN/PHP rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MXN to PHP — live rate

Convert Mexican Pesos to Philippine Pesos and compare the real cost of sending money.

You send

MXN

They receive

PHP

1 MXN = 3.4188 PHP • Mid-market rate

Updated just now

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Historical MXN/PHP exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MXN to PHP

1 MXN → 3.42 PHP

5 MXN → 17.09 PHP

10 MXN → 34.19 PHP

50 MXN → 170.94 PHP

100 MXN → 341.88 PHP

500 MXN → 1,709.42 PHP

1,000 MXN → 3,418.84 PHP

5,000 MXN → 17,094.20 PHP

Currency snapshots

MXN — Mexican Peso

ISO Code MXN

Symbol $

Central Bank Bank of Mexico

Common Notes $20, $50, $100, $200, $500, $1000

Learn more about MXN

PHP — Philippine Peso

ISO Code PHP

Symbol ₱

Central Bank Central Bank of the Philippines

Common Notes ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000

Learn more about PHP

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert MXN to PHP — live rate

Historical MXN/PHP exchange rate

Quick reference: MXN to PHP

Real cost of MXN → PHP

Estimated savings

Compare MXN → PHP providers

Currency snapshots