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PHP to AUD - Compare Exchange Rates

Philippine Peso to Australian Dollar - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

Compare PHP/AUD Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from PHP to AUD. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive AUD($)Exchange RateFee PHPTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TorFX logo
265.00 AUD0.026501.11%Bank Transfers - Online & Phone1-2 days
 
OFX logo
264.75 AUD0.02647501.2%Bank Transfers - Online & Phone1-2 days
HSBC International Money Transfers
HSBC logo
252.78 AUD0.025316₱155.67%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Citibank logo HSBC logo
251.66 AUD0.025200156.09%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
250.53 AUD0.025083126.51%Online, Branch, Bank Transfers2-3 days
TorFX: Foreign Transfer PHP→AUD
PHP amount:10,000 PHP
Fee:0
Exchange Rate:0.026500 (1.11% from mid-rate)
AUD amount:265.00 AUD
Total Cost:1.11%
Time:1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX: Foreign Transfer PHP→AUD
PHP amount:10,000 PHP
Fee:
Exchange Rate:0.026475 (1.2% from mid-rate)
AUD amount:264.75 AUD
Total Cost:1.2%
Difference:
$0.25 less than using TorFX
Time:
Rate Fetched: 1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
HSBC: Foreign Transfer PHP→AUD
PHP amount:10,000 PHP
Fee:₱15 PHP (.15%)
Exchange Rate:0.025316 (5.53% from mid-rate)
AUD amount:252.78 AUD
Total Cost:5.67%
Difference:
$12 less than using TorFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Citibank logo HSBC logo

Foreign Transfer PHP→AUD
PHP amount:10,000 PHP
Fee:15
Exchange Rate:0.025601 (4.46% from mid-rate)
AUD amount:251.66 AUD
Total Cost:6.09%
Difference:
$13 less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Citibank: Foreign Transfer PHP→AUD
PHP amount:10,000 PHP
Fee:12
Exchange Rate:0.025083 (6.4% from mid-rate)
AUD amount:250.53 AUD
Total Cost:6.51%
Difference:
$14 less than using TorFX
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/20/2019

PHP to AUD mid-rate = 0.026854

Right now the PHP/AUD market mid-rate is 0.026854 and represents ideally how many Australian Dollar you can get for one Philippine Peso.

This PHP/AUD Converter calculates equivalent Philippine Peso to Australian Dollar amounts at the market mid-rate:

PHP / AUD mid-rate converter


₱PHP


$AUD
1 Philippine Peso equals
0.026854 Australian Dollar

Compare how much you can save on
PHP/AUD exchange rates for:

Foreign Transfers

 
 
1 Week PHP to AUD Chart
Loading PHP/AUD rates
Sending to AUD we recommend: WorldRemit WorldRemit

Philippine Peso

Australian Dollar

1 PHP 0.0269 AUD
5 PHP 0.1343 AUD
10 PHP 0.2685 AUD
20 PHP 0.5371 AUD
50 PHP 1.3427 AUD
100 PHP 2.6854 AUD
250 PHP 6.7135 AUD
500 PHP 13.43 AUD
1,000 PHP 26.85 AUD
2,000 PHP 53.71 AUD
5,000 PHP 134.27 AUD
10,000 PHP 268.54 AUD
50,000 PHP 1,342.70 AUD
100,000 PHP 2,685.40 AUD
See more

Philippine Peso

Australian Dollar

37.24 PHP 1 AUD
186.19 PHP 5 AUD
372.39 PHP 10 AUD
744.77 PHP 20 AUD
1,861.93 PHP 50 AUD
3,723.85 PHP 100 AUD
9,309.63 PHP 250 AUD
18,619.25 PHP 500 AUD
37,238.50 PHP 1,000 AUD
74,477.00 PHP 2,000 AUD
186,192.50 PHP 5,000 AUD
372,385.00 PHP 10,000 AUD
1,861,925.00 PHP 50,000 AUD
3,723,850.00 PHP 100,000 AUD
See more

AUD Country Guides
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Philippine Peso to Australian Dollar (PHP-AUD) - 10 Year History

The below table shows the historic variation in the PHP/AUD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of PHP versus other currencies : PHP historical charts.

DateExchange RatePeriod
10 Feb 20190.02701 Week
18 Jan 20190.02651 Month
21 Aug 20180.02546 Months
17 Feb 20180.02421 Year
17 Feb 20170.02612 Years
18 Feb 20140.02495 Years
19 Feb 20090.032310 Years

Why can't I just get the PHP/AUD market rate I see on Google or in the Media?

The PHP/AUD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the PHP / AUD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market PHP/AUD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good PHP to AUD exchange rate

  1. Know the latest PHP/AUD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Philippine Peso and Australian Dollar

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

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

Philippine Peso (PHP) - Market news and forecasts

9-January-19: Since 2013, the Philippine peso has been among the world’s worst performing currencies. In the final quarter of 2018, the peso weakened to its lowest level against the US dollar since 2005, at rates in the ₱54.40s. By 2018 year-end, the peso had recovered into the mid-₱52s per USD and was down around 5 percent for the year.

Unfortunately for peso holders, the currency’s downtrend (USD/PHP’s uptrend) will likely resume in 2019, per remarks by DBS’ chief economist, who said “a very similar dynamic” of peso weakness would play out.

FX forecasters surveyed by Bloomberg in January expected the peso to be the joint second-worst performing Asian currency of 2019, with an expected loss versus the dollar of 2.5 percent. Given that the same forecasters expected a disappointing year for the dollar, it was implied that the peso would do far worse against other major currencies.

Australian Dollar (AUD) - Market news and forecasts

19-February-19: Since a flash crash in early January which saw the Australian dollar briefly trade at a 10-year low, the Aussie has recovered and then stabilized in the US71-72¢ region, near the average rate of the past 6 months.

Of late, the outlook for the Australian economy, and therefore for the Australian dollar, has taken a turn for the worse: the RBA has slashed growth and inflation forecasts and markets have moved to price in a near-100 percent chance of an interest rate cut before the year is out.

In February, HSBC cut its AUD/USD forecast to just US66¢, nearly 20 percent below 2018’s high of US81.36¢. AUD rates in the mid-60s haven’t been seen since the great financial crisis a decade ago.

In January, a senior researcher at BNP Paribas said that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”

Also in January, Capital Economics cuts its AUD/USD year-end forecast to just US60¢.

Currency News and Forecasts

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets