BER Benchmark: Metrobank PHP FX Rates & Margins
BER Benchmark monitors Metrobank exchange rates across the PHP currency corridors tracked by BER. The current average margin versus the mid-market rate is 0.78%.
This average is based on the PHP 10,000 transfer rates currently monitored by BER across the available Metrobank currency corridors.
Metrobank - Lowest and Highest FX Margins
BER Benchmark ranks the Metrobank currency corridors currently monitored for Philippine peso transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a PHP 10,000 transaction.
Metrobank TT rate coverage and costs
The current two-way TT data covers USD, EUR, GBP, CHF, JPY, AUD, CAD, DKK, HKD and SGD against PHP. Metrobank also publishes a one-way customer selling rate for CNY, so BER does not infer the unavailable reverse quote.
The comparison reflects the exchange-rate margin visible in Metrobank's published rate. Any transfer, cable, correspondent or recipient-bank charge must be considered separately when it applies.
Metrobank rate timing and qualifications
Metrobank dates the official CSV used by BER and describes the rates as indicative. The bank advises customers to visit a branch for the actual rate for the day.
BER rejects a stale, partial or structurally changed source file rather than publishing a partial table. The captured rate is still not a guaranteed quote, and payment eligibility or documentation can depend on the transaction.
What is the
Metrobank Send Money conversion rate for PHP to AUD?
The Metrobank PHP to AUD exchange rate is 0.0229. This is -0.81% compared to the latest PHP-AUD mid-market rate 0.023087.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Philippine peso (PHP) to Australian dollar (AUD) rates from different sources before making a conversion.
The above Metrobank - Peso to Aussie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Metrobank and other foreign exchange providers against the latest PHP-AUD mid-rate and the possible savings of using various providers.