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AUD/PHP - Convert Compare Save

Australian Dollar to Philippine Peso exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

This resource page for the Australian Dollar to Philippine Peso exchange rate, has news, forecasts and AUD to PHP comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/PHP Exchange Rates - How to Compare & Save

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/PHP International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive PHP(₱)Exchange RateFee AUDTotal CostDeal Links
WorldFirst logo
351,800 PHP
Best Overall
35.1800.51%
OFX (OzForex) logo
341,100 PHP
10,700 PHP
34.110^3.53%
TorFX logo
340,700 PHP
11,100 PHP
34.0703.65%
BankSA International Money Transfers
BankSA logo
340,517 PHP
11,283 PHP
34.1220.013.7%
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
340,483 PHP
11,317 PHP
34.12213.71%
ANZ Bank logo
338,989 PHP
12,811 PHP
33.96184.13%
National Australia Bank (nab) logo
336,857 PHP
14,943 PHP
33.76224.73%
Banks - Average Rate
National Australia Bank (nab) logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Melbourne logo BankSA logo
336,747 PHP
15,053 PHP
33.74154.76%
Commonwealth Bank (CBA) logo
332,201 PHP
19,599 PHP
33.246 6.05%
St George Bank logo
331,436 PHP
20,364 PHP
33.21206.27%
WorldFirst: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:
Exchange Rate:35.18 (0.51% from mid-rate)
PHP amount:351,800 PHP
Total Cost:0.51%
Time:4:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
OFX (OzForex): Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:34.11 (3.53% from mid-rate)
PHP amount:341,100 PHP
Total Cost:3.53%
Difference:
10,700 PHP less than using WorldFirst
Time:
Rate Fetched: Sat Aug 24 2019 02:01:43 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:34.07 (3.65% from mid-rate)
PHP amount:340,700 PHP
Total Cost:3.65%
Difference:
11,100 PHP less than using WorldFirst
Time:4:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
BankSA: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:34.12 (3.51% from mid-rate)
PHP amount:340,517 PHP
Total Cost:3.7%
Difference:
11,283 PHP less than using WorldFirst
Time:
Rate Fetched: website - 4:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Bank of Melbourne: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:21
Exchange Rate:34.12 (3.51% from mid-rate)
PHP amount:340,483 PHP
Total Cost:3.71%
Difference:
11,317 PHP less than using WorldFirst
Time:
Rate Fetched: website - 4:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
ANZ Bank: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:33.96 (3.96% from mid-rate)
PHP amount:338,989 PHP
Total Cost:4.13%
Difference:
12,811 PHP less than using WorldFirst
Time:
Rate Fetched: website - Sat Aug 24 2019 02:03:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:33.76 (4.52% from mid-rate)
PHP amount:336,857 PHP
Total Cost:4.73%
Difference:
14,943 PHP less than using WorldFirst
Time:
Rate Fetched: website - Sat Aug 24 2019 02:05:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:33.82 (4.35% from mid-rate)
PHP amount:336,747 PHP
Total Cost:4.76%
Difference:
15,053 PHP less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Commonwealth Bank (CBA): Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:33.24 (5.99% from mid-rate)
PHP amount:332,201 PHP
Total Cost:6.05%
Difference:
19,599 PHP less than using WorldFirst
Time:
Rate Fetched: website - Sat Aug 24 2019 02:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:33.21 (6.08% from mid-rate)
PHP amount:331,436 PHP
Total Cost:6.27%
Difference:
20,364 PHP less than using WorldFirst
Time:
Rate Fetched: website - 4:01 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 08/24/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount PHP(₱)Exchange RateFee AUDTotal CostDeal Links
Australia Post logo
34,120 PHP
Best Overall
34.12$0 BPay, Card 0.72%-1%3.5%
Travel Money Oz logo
33,950 PHP
170 PHP
33.95A$03.98%
Bank of Melbourne Foreign Currency
Bank of Melbourne logo
33,608 PHP
512 PHP
34.12A$154.95%
BankSA Foreign Currency
BankSA logo
33,608 PHP
512 PHP
34.12A$154.95%
National Australia Bank (nab) logo
33,135 PHP
985 PHP
33.47106.29%
Banks - Average Rate
Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo Bank of Melbourne logo BankSA logo
32,910 PHP
1,210 PHP
33.34106.93%
Travelex Online AU logo
32,289 PHP
1,831 PHP
32.2894$0 BPay, Card 0.72%-1%8.68%
Commonwealth Bank (CBA) logo
32,195 PHP
1,925 PHP
32.52A$108.95%
St George Bank logo
32,003 PHP
2,117 PHP
32.49A$159.49%
Australia Post: Travel Money AUD→PHP
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:34.12 (3.51% from mid-rate)
PHP amount:34,120 PHP
Total Cost:3.5%
Time:4:01 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Reviews:
Travel Money Oz: Travel Money AUD→PHP
AUD amount:$1,000 AUD
Fee:A$0 AUD (0 BPay, Credit Card 1%)
Exchange Rate:33.95 (3.99% from mid-rate)
PHP amount:33,950 PHP
Total Cost:3.98%
Time:
Rate Fetched: 4:01 Local
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
Bank of Melbourne: Travel Money AUD→PHP
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:34.12 (3.51% from mid-rate)
PHP amount:33,608 PHP
Total Cost:4.95%
Time:
Rate Fetched: website - 4:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
BankSA: Travel Money AUD→PHP
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:34.12 (3.51% from mid-rate)
PHP amount:33,608 PHP
Total Cost:4.95%
Time:
Rate Fetched: website - 4:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
National Australia Bank (nab): Travel Money AUD→PHP
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:33.47 (5.34% from mid-rate)
PHP amount:33,135 PHP
Total Cost:6.29%
Time:
Rate Fetched: website - 4:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→PHP
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:33.61 (4.95% from mid-rate)
PHP amount:32,910 PHP
Total Cost:6.93%
Currency Services:Branch
Delivery/Collect:-
Travelex Online AU: Travel Money AUD→PHP
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:32.2894 (8.68% from mid-rate)
PHP amount:32,289 PHP
Total Cost:8.68%
Time:
Rate Fetched: Sat Aug 24 2019 02:00:04 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Commonwealth Bank (CBA): Travel Money AUD→PHP
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:32.52 (8.03% from mid-rate)
PHP amount:32,195 PHP
Total Cost:8.95%
Time:
Rate Fetched: website - Sat Aug 24 2019 02:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
St George Bank: Travel Money AUD→PHP
AUD amount:$1,000 AUD
Fee:A$15 AUD (Minimum fee)
Exchange Rate:32.49 (8.11% from mid-rate)
PHP amount:32,003 PHP
Total Cost:9.49%
Time:
Rate Fetched: website - 4:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 08/24/2019 - See full table

AUD to PHP interbank exchange rate = 35.3594

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/PHP exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

AUD and PHP in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs PHP, you should pay attention to the recent market trends for both currencies.

 

Australian Dollar (AUD)

In early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

Philippine Peso (PHP)

It’s been a solid start to 2019 for the Philippine peso, which is up slightly (between 0.6 and 2 percent) against the US dollar, Australian dollar and euro. The peso has rebounded from 13-year lows struck in the fourth quarter of last year courtesy of economic reforms, proposed fiscal spending and an S&P credit rating upgrade.

The peso slipped in the week leading up to May’s Bangko Sentral ng Pilipinas meeting, with traders correctly forecasting an interest rate cut (the first since 2016). The BSP is able to lower rates because inflation has halved over the past 6 months and is back at targeted levels.

The peso steadied post-BSP at levels near 52.2 per USD but might be pressured in the months ahead from further policy easing, which hasn’t been ruled out.

Per an ING analyst, the BSP will be comfortable with peso exchange rates between 52 and 55 per USD, but beyond these levels they might intervene in markets. ING is forecasting USD/PHP at 54 at year-end.

Why can't I just get the AUD/PHP market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / PHP was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

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