BestExchangeRates Philippines Compare & Save on Foreign Exchange
How BestExchangeRates Saves You Money on FX
For over a decade BestExchangeRates.com has been a trusted voice in foreign exchange in Philippines and globally.
BestExchangeRates compares exchange rates from popular banks and currency specialists to help you avoid hidden and excessive margins and fees when you send and spend abroad.
We help our users save money by making these fees and exchange rates transparent and easier to compare. With our foreign transfer and currency exchange tools, you can quickly find the cheapest and most convenient way to convert your money.
More than 3 million satisfied visitors have saved over $200M on foreign exchange.
We partner with only the largest, safest and most trusted foreign exchange brands.
Track AUD rates - transact when market in your favour. Follow FX forecasts & analysis.
Any marketing fees we receive from partners do not affect your exchange rate savings.
Popular PHP Exchange Rates
Follow exchange rates via your personal BER Tracker to keep track of trending currency pairs so that you can take advantage of opportunities and trends in the market.
Save on International Money Transfers
Sending money abroad can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers can be very expensive – often 5% to 6% worse than using a foreign exchange specialist to send money abroad or pay a foreign invoice.
Where do you want to Send Money?
We compare exchange rates from major financial institutions in Philippines.
Save with our partners who are among the best & most trusted brands in Philippines.
Get Better Currency Exchange Rates
We show you how to save by ordering foreign cash online or compare rates on multi-currency travel cards for better currency exchange rates, convenience and security for your next trip or overseas online purchase.
What Currency do you want to Buy?
Philippine peso market update
The Philippine peso (PHP) has recently shown some variability against major currencies amidst an environment of heightened geopolitical tensions and economic concerns. The US has imposed a 17% reciprocal tariff rate on Philippine goods as part of the broader trade conflict under the Trump administration. This situation raises questions about the future trajectory of the peso, especially against the US dollar (USD).
Analysts at ABN Amro warn that with the Philippines facing weaker external balances and an overvalued peso, depreciation against the USD could be on the horizon, potentially occurring as soon as 2025. Current trading dynamics reflect this uncertainty, with the PHP/USD pair recently reaching 7-day highs at approximately 0.017488, which is 1.1% above its 3-month average of 0.017301. Despite this spike, the pair has remained in a relatively stable 3.5% range.
BestExchangeRates.com keeps you up-to-date on Philippine peso forecasts by collating the views of reliable FX forecasters and economists together with recent PHP price trends. This analysis covers a wide range of factors including economic indicators, geopolitical events, central bank policies, and technical analysis to provide a thorough and current outlook on currency trends.
Latest Articles
Recent popular articles from our research team
US Dollar Hits Three-Year Low On Jerome Powell Dismissal Threat
The US dollar has fallen to a three-year low, influenced by Trump policy back flips plus concerns over the Federal Reserve's independence. Analysts suggest a long-overdue correction due to overvaluation and trade tensions.
Swiss Franc Surges Amid U.S. Tariff Escalation
The Swiss franc has experienced a significant surge, reaching a decade-high against the U.S. dollar, following President Donald Trump's announcement of increased tariffs on Chinese imports. This development has intensified market volatility and heightened demand for safe-haven assets.
Best Multi-Currency Accounts
We compare the features, exchange rates and security of the three best multi-currency accounts available today — the Wise Account, the WorldFirst World Account, and the OFX Global Currency Account.
OFX Review
OFX is a trusted international money transfer service, supporting transfers to over 170 countries in 50+ currencies. With no upfront fees, 24/7 access, and robust regulatory compliance, it offers a secure and convenient platform for global transactions.
