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MYR to PHP Transfers Compared

MYR-PHP Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Philippines can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Philippines bank accounts or pay a Philippine peso invoice.

 
   

MYR to PHP Market Data

Malaysian ringgit (MYR) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MYR   →   Buy PHP
1 MYR = 15.53 PHP
1d−0.5%▼
Tracker
  1 PHP = 0.064409 MYR

90-day market context

MYR to PHP is at 7-day lows near 15.47, 1.9% above its 3-month average of 15.18, having traded in a quite stable 5.9% range from 14.78 to 15.65
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Currency Forecasts related to MYR/PHP

MYR to USD Exchange Rate Forecast & Outlook

Currently, MYR/USD is trading near 7-day lows around 0.2532, close to its 3-month average. With risk sentiment dominating, the pair remains supported by risk-off flows but faces downward pressure due to...

Read forecast

USD to PHP Exchange Rate Forecast & Outlook

USD/PHP is trading close to recent highs, with the pair holding near 61.61, well above the 3-month average of 59.8. The dominant driver remains risk sentiment, supported by safe-haven demand amid global market...

Read forecast

MYR to EUR Exchange Rate Forecast & Outlook

Currently, MYR/EUR is trading close to recent 7-day highs near 0.2180, supported by risk-on sentiment and a stable 3-month range. With risk sentiment improving, the pair may remain supported in the near term.

Read forecast

 

MYR 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 Malaysian ringgit are worth in Philippine peso across a range of amounts.

This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :

MYR PHP
RM 1 ₱ 15.53
RM 5 ₱ 77.65
RM 10 ₱ 155.30
RM 20 ₱ 310.60
RM 50 ₱ 776.50
RM 100 ₱ 1,553
RM 250 ₱ 3,883
RM 500 ₱ 7,765
RM 1,000 ₱ 15,530
RM 2,000 ₱ 31,060
RM 5,000 ₱ 77,650
RM 10,000 ₱ 155,300
RM 20,000 ₱ 310,600
RM 50,000 ₱ 776,500
RM 100,000 ₱ 1,553,000
MYR PHP
RM 0.0644 ₱ 1
RM 0.3220 ₱ 5
RM 0.6441 ₱ 10
RM 1.2882 ₱ 20
RM 3.2205 ₱ 50
RM 6.4409 ₱ 100
RM 16.10 ₱ 250
RM 32.20 ₱ 500
RM 64.41 ₱ 1,000
RM 128.82 ₱ 2,000
RM 322.05 ₱ 5,000
RM 644.09 ₱ 10,000
RM 1,288 ₱ 20,000
RM 3,220 ₱ 50,000
RM 6,441 ₱ 100,000

More amounts

*Converted at the current MYR-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 MYR to PHP?

The best MYR to PHP exchange rate is 15.45 from OFX . This is -0.52% compared to the mid-market rate 15.53.

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

The above Ringgit 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 MYR-PHP mid-rate and the possible savings of using various providers. 

How do MYR-PHP rates compare between providers?

Looking at the full MYR to PHP - Send Money comparison table the provider with the best MYR to PHP exchange rate is OFX at 15.45, -0.52% from the latest mid-market rate 15.53.

The next best is Wise at 15.43, -0.64% from the mid-rate.

Among the banks the CIMB Bank rate is 14.69 at -5.4% the OCBC Bank rate is 14.98 at -3.5% and the Maybank rate is 14.98 at -3.5% compared to the mid-rate 15.53.

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.

 

View a full list of exchange rates by selecting your Base (from) currency: