PHP to CNY interbank exchange rate = 0.1315
This calculator converts amounts at the latest CNY/PHP mid-rate or enter a rate to check the exchange rate you are being offered or already charged.
PHP / CNY converter & margin calculator
Foreign Transfers Travel Money
Sending PHP->CNY we recommend:
WorldRemit
Philippine Peso |
Chinese Yuan |
|---|---|
| 10 PHP | 1.3150 CNY |
| 100 PHP | 13.15 CNY |
| 1,000 PHP | 131.50 CNY |
| 2,000 PHP | 263.00 CNY |
| 10,000 PHP | 1,315.00 CNY |
| See more | |
Philippine Peso |
Chinese Yuan |
|---|---|
| 76.02 PHP | 10 CNY |
| 760.23 PHP | 100 CNY |
| 7,602.30 PHP | 1,000 CNY |
| 15,204.60 PHP | 2,000 CNY |
| 76,023.00 PHP | 10,000 CNY |
| See more | |
Compare Actual PHP/CNY Exchange Rates
The below table is a snapshot of the costs charged by FX specialists and banks for PHP/CNY International Money Transfers. Total Costs are calculated when the amount when PHP is converted to CNY at the mid-rate without fees.
PHP-CNY Foreign Transfers
| Foreign Transfer Providers | Receive CNY(¥) | Exchange Rate | Fee PHP | Total Cost | Transfer Services | Transfer Speed | Deal Links |
|---|---|---|---|---|---|---|---|
 More info▾ | 1,300 CNY | 0.13 | 0 | 1.22% | Bank Transfers - Online & Phone, Foreign Currency Accounts | 1-2 days | |
 More info▾ | 1,299 CNY | 0.1299 | 0 | 1.29% | Bank Transfers - Online & Phone | 1-2 days | |
Banks - Average Rate   Average rate from selected banks. More info▾ | 1,236 CNY | 0.1238 | 15 | 6.09% | Online, Branch, Bank Transfers | 2-3 days |
| CNY Country Guides |
|---|
 China |
PHP/CNY - Historical Trends
This table shows historic rates and trends of Philippine Peso to Chinese Yuan over periods upto 10 years.
| Period | PHP/CNY | Date |
|---|---|---|
| 1 Day | 0.1313 | 19 May 2019 |
| 1 Week | 0.1311 | 13 May 2019 |
| 1 Month | 0.1297 | 20 Apr 2019 |
| 6 Months | 0.1328 | 21 Nov 2018 |
| 1 Year | 0.1220 | 20 May 2018 |
| 5 Years | 0.1423 | 21 May 2014 |
| 10 Years | 0.1454 | 22 May 2009 |
You can use our PHP interactive charts to check PHPCNY historic trends.
Outlook and forecasts for PHP and CNY
Whenever you are researching a particular exchange rate you are actually interested in two currencies as exchange rates are the ratio between two currencies.
So it follows that if you are determining the best time to transact, in this case the PHP vs CNY, you should pay attention to the forecasts and trends for both Philippine Peso and Chinese Yuan:
Philippine Peso (PHP) outlook
It’s been a solid start to 2019 for the Philippine peso, which is up slightly (between 0.6 and 2 percent) against the US dollar, Australian dollar and euro. The peso has rebounded from 13-year lows struck in the fourth quarter of last year courtesy of economic reforms, proposed fiscal spending and an S&P credit rating upgrade.
The peso slipped in the week leading up to May’s Bangko Sentral ng Pilipinas meeting, with traders correctly forecasting an interest rate cut (the first since 2016). The BSP is able to lower rates because inflation has halved over the past 6 months and is back at targeted levels.
The peso steadied post-BSP at levels near 52.2 per USD but might be pressured in the months ahead from further policy easing, which hasn’t been ruled out.
Per an ING analyst, the BSP will be comfortable with peso exchange rates between 52 and 55 per USD, but beyond these levels they might intervene in markets. ING is forecasting USD/PHP at 54 at year-end.
Chinese Yuan (CNY) outlook
Increasingly, the yuan is being used as a barometer for progress made on US-China trade talks. For that reason, it fell sharply in the weeks leading up to this report (May-17).
Trade tensions were ramped up in May after President Trump announced higher tariffs on Chinese goods, after China retaliated with tariffs of its own, and then after Trump placed Huawei on the "entity list," thereby making it impossible for the tech giant to do business with US firms.
Between May-6 and May-17, the yuan weakened in the offshore market by 3 percent (a considerable amount for a government-controlled currency) to a 5-month low of 6.95 per USD. Onshore yuan, which is more easily controlled by the PBOC, reached towards 6.92.
All eyes now are on the 7.0 exchange rate. Will the PBOC allow the yuan beyond that? An RBC strategist believes that’s unlikely in the short term because a weaker yuan would create more friction between China and the US. Trump often alleges that China purposefully weakens its currency to gain a trade advantage.
“A rapid conclusion to the US–China trade deal and … complete rollback of tariffs ... would be an effective catalyst to drive RMB higher,” Citibank said.
Why can't I just get the PHP/CNY market rate I see online or in the media?
The PHP/CNY mid-rate is the rate you will see quoted online 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 / CNY 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.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
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