What is the current PHP to MXN exchange rate?

The current mid-market exchange rate is 1 PHP = 0.2981 MXN. 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 PHP to MXN 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 PHP to MXN?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the PHP/MXN 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 PHP to MXN — live rate

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

You send

PHP

They receive

MXN

1 PHP = 0.2981 MXN • Mid-market rate

Updated just now

Compare transfers for PHP → MXN

No signup required • FCA-regulated providers only

Historical PHP/MXN exchange rate

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

Quick reference: PHP to MXN

1 PHP → 0.30 MXN

5 PHP → 1.49 MXN

10 PHP → 2.98 MXN

50 PHP → 14.91 MXN

100 PHP → 29.81 MXN

500 PHP → 149.06 MXN

1,000 PHP → 298.13 MXN

5,000 PHP → 1,490.64 MXN

Currency snapshots

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

MXN — Mexican Peso

ISO Code MXN

Symbol $

Central Bank Bank of Mexico

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

Learn more about MXN

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

Convert PHP to MXN — live rate

Historical PHP/MXN exchange rate

Quick reference: PHP to MXN

Real cost of PHP → MXN

Estimated savings

Compare PHP → MXN providers

Currency snapshots