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Best Exchange Rates

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Compare AUD to PHP foreign transfers

Use our comparison table to find the best exchange rates for Philippine Peso foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$AUD
₱PHP

Compare Deals
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Foreign Transfer Providers
Ratings & Reviews
Receive PHP(₱)Exchange RateFee AUDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TorFX logo
363,400 PHP
Best Overall
36.3402.98%Bank Transfers - Online & Phone1-2 days
 
OFX (OzForex) logo
363,800 PHP
400 PHP
36.380^2.88%Bank Transfers - Online & Phone1-2 days
 
Westpac logo
363,871 PHP
471 PHP
36.46202.86%Online, Branch, Bank Transfers2-3 days
Bank of Melbourne International Money Transfers
Bank of Melbourne logo
360,741 PHP
2,659 PHP
36.15213.69%Online, Branch, Bank Transfers2-3 days
BankSA International Money Transfers
BankSA logo
360,777 PHP
2,623 PHP
36.1520.013.69%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo Bank of Melbourne logo BankSA logo
359,155 PHP
4,245 PHP
35.98154.12%Online, Branch, Bank Transfers2-3 days
 
ANZ Bank logo
359,112 PHP
4,288 PHP
35.976184.13%Online, Branch, Bank Transfers2-3 days
 
Commonwealth Bank (CBA) logo
356,886 PHP
6,514 PHP
35.716 4.72%Online, Branch, Bank Transfers2-3 days
 
National Australia Bank (nab) logo
356,714 PHP
6,686 PHP
35.75224.77%Online, Branch, Bank Transfers2-3 days
 
St George Bank logo
355,987 PHP
7,413 PHP
35.67204.96%Online, Branch, Bank Transfers2-3 days
TorFX: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:0
Exchange Rate:36.34 (2.98% from mid-rate)
PHP amount:363,400 PHP
Total Cost:2.98%
Time:12:06 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
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:36.38 (2.88% from mid-rate)
PHP amount:363,800 PHP
Total Cost:2.88%
Difference:
400 PHP more than using TorFX
Time:
Rate Fetched: Thu Mar 21 2019 12:01:45 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
Westpac: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:36.46 (2.66% from mid-rate)
PHP amount:363,871 PHP
Total Cost:2.86%
Difference:
471 PHP more than using TorFX
Time:
Rate Fetched: website - Thu Mar 21 2019 12:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
Bank of Melbourne: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:21
Exchange Rate:36.15 (3.49% from mid-rate)
PHP amount:360,741 PHP
Total Cost:3.69%
Difference:
2,659 PHP less than using TorFX
Time:
Rate Fetched: website - 12:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
BankSA: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:20.01
Exchange Rate:36.15 (3.49% from mid-rate)
PHP amount:360,777 PHP
Total Cost:3.69%
Difference:
2,623 PHP less than using TorFX
Time:
Rate Fetched: website - 12:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:36.07 (3.71% from mid-rate)
PHP amount:359,155 PHP
Total Cost:4.12%
Difference:
4,245 PHP less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
ANZ Bank: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:35.9760 (3.96% from mid-rate)
PHP amount:359,112 PHP
Total Cost:4.13%
Difference:
4,288 PHP less than using TorFX
Time:
Rate Fetched: website - Thu Mar 21 2019 12:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
Commonwealth Bank (CBA): Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:35.71 (4.67% from mid-rate)
PHP amount:356,886 PHP
Total Cost:4.72%
Difference:
6,514 PHP less than using TorFX
Time:
Rate Fetched: website - Thu Mar 21 2019 12:02:01 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
National Australia Bank (nab): Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:35.75 (4.56% from mid-rate)
PHP amount:356,714 PHP
Total Cost:4.77%
Difference:
6,686 PHP less than using TorFX
Time:
Rate Fetched: website - Thu Mar 21 2019 12:05:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
St George Bank: Foreign Transfer AUD→PHP
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:35.67 (4.77% from mid-rate)
PHP amount:355,987 PHP
Total Cost:4.96%
Difference:
7,413 PHP less than using TorFX
Time:
Rate Fetched: website - 12:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
3 Month Chart
Loading AUDUSD rates

This is a chart showing the change in the AUD-PHP mid-market exchange rate over the last week. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market AUD-PHP exchange rate.

Currency news and forecasts for Australian Dollar and Philippine Peso

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs PHP, you should pay attention to both Australian Dollar and Philippine Peso news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Philippine Peso (PHP) - Market news and forecasts

The peso suffered one of its sharpest falls in recent years on March-12 when it weakened by 93 centavos against the dollar (an amount nearly four times the peso’s average daily range) to 53.05. This ended a good run for the peso, which appreciated away from record lows (54.43) in four of the five months between October and February.

The mid-march weakness was driven by significant developments in Philippine monetary policy. The country’s central bank governor suggested there could be significant policy easing this year in the form of policy rate cuts and cuts to the amount of cash that banks must hold in reserve.

The developments appeared to vindicate those analysts polled by Bloomberg in January, who collectively predicted that the peso would struggle in 2019.

An ING analyst said in March that the central bank would be comfortable with the peso between 52 and 55 per dollar, beyond which there may be market intervention. ING is forecasting the peso at 54.04 at year-end.