GBP to PHP Transfers Compared

   

GBP to PHP is currently at 78.05, up 1.1% from the 3-month average. Analysts attribute this to BoE's inflation stance, while the PHP struggles amidst recent BSP rate cuts and a widening trade deficit. Monitor currency trends as economic indicators may spark volatility

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What is the best Send Money conversion rate for GBP to PHP?

The best GBP to PHP exchange rate is 77.59 from OFX . This is -0.5% compared to the mid-market rate 77.98.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Philippine peso (PHP) rates from different sources before making a conversion.

The above Sterling to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-PHP mid-rate and the possible savings of using various providers. 

How do GBP-PHP rates compare between providers?

Looking at the full GBP to PHP - Send Money comparison table the provider with the best GBP to PHP exchange rate is OFX at 77.59, -0.5% from the latest mid-market rate 77.98.

The next best is Wise at 77.53, -0.58% from the mid-rate.

Then XE at 77.51, which is -0.6% from the mid-rate.

The Western Union rate is 77.2 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 72 at -7.7% the Royal Bank of Scotland rate is 72.47 at -7.1% and the Barclays Bank rate is 75.25 at -3.5% compared to the mid-rate 77.98.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.