Rate direction
Indian rupee to Philippine peso · INR/PHP trend
Review the recent market direction, current mid-market rate and significant movement alerts.
Current mid-market rate
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INR/PHP exchange rate
90-day market context
INR to PHP is at 14-day lows near 0.6388, just 0.6% below its 3-month average of 0.643, having traded in a very stable 2.4% range from 0.6365 to 0.6516
Currency Forecasts related to INR/PHP
PHP to INR Exchange Rate Forecast & Outlook
Currently, PHP/INR is trading near the 3-month average, holding within a very stable range. The pair is supported by risk-off conditions driven by geopolitical tensions and oil price jumps.
INR to PHP Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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 0.6341 from Wise. This is -1.2% compared to the mid-market rate 0.6418.
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 0.6341, -1.2% from the latest mid-market rate 0.6418.
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.