INR to PHP Market Data
Indian rupee (INR) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.
90-day market context
Currency Forecasts related to INR/PHP
PHP to INR Exchange Rate Forecast & Outlook
Currently, PHP/INR is trading close to 14-day highs at 1.5551, holding near its 3-month average within a 2.6% range. The pair remains supported by risk-off sentiment driven by geopolitical tensions such as Middle East conflicts.
INR to USD Exchange Rate Forecast & Outlook
Currently, INR/USD is trading close to its 90-day average and supported by the USD's risk-off gains. The pair remains within its recent range, with the USD benefitting from safe-haven flows driven by global risk sentiment.
USD to PHP Exchange Rate Forecast & Outlook
USD/PHP is trading close to 7-day lows near 61.44, supported by the rate differential from Fed rate hike expectations. It remains trading within its recent range and is holding near its 90-day average.
INR to PHP Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Indian rupee are worth in Philippine peso across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
*Converted at the current INR-PHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the best Send Money conversion rate for INR to PHP?
The best INR to PHP exchange rate is 0.6356 from Wise. This is -1.2% compared to the mid-market rate 0.6433.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Indian rupee (INR) to Philippine peso (PHP) rates from different sources before making a conversion.
The above Rupee 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 INR-PHP mid-rate and the possible savings of using various providers.
How do INR-PHP rates compare between providers?
Looking at the full INR to PHP - Send Money comparison table the provider with the best INR to PHP exchange rate is Wise at 0.6356, -1.2% from the latest mid-market rate 0.6433.
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.