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Best Exchange Rates

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PHP to CNY - Compare Exchange Rates

Philippine Peso to Chinese Yuan - 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/CNY 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 CNY. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive CNY(¥)Exchange RateFee PHPTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
1,280 CNY0.12801.23%Bank Transfers - Online & Phone1-2 days
 
TorFX logo
1,280 CNY0.12801.23%Bank Transfers - Online & Phone1-2 days
HSBC International Money Transfers
HSBC logo
1,222.16 CNY0.1224₱155.7%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Citibank logo HSBC logo
1,217 CNY0.1219156.11%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
1,211.54 CNY0.1213126.52%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer PHP→CNY
PHP amount:10,000 PHP
Fee:
Exchange Rate:0.1280 (1.23% from mid-rate)
CNY amount:1,280 CNY
Total Cost:1.23%
Time:
Rate Fetched: 1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer PHP→CNY
PHP amount:10,000 PHP
Fee:0
Exchange Rate:0.1280 (1.23% from mid-rate)
CNY amount:1,280 CNY
Total Cost:1.23%
Time:1:12 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
HSBC: Foreign Transfer PHP→CNY
PHP amount:10,000 PHP
Fee:₱15 PHP (.15%)
Exchange Rate:0.1224 (5.56% from mid-rate)
CNY amount:1,222.16 CNY
Total Cost:5.7%
Difference:
¥58 less than using OFX
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→CNY
PHP amount:10,000 PHP
Fee:15
Exchange Rate:0.1238 (4.48% from mid-rate)
CNY amount:1,217 CNY
Total Cost:6.11%
Difference:
¥63 less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Citibank: Foreign Transfer PHP→CNY
PHP amount:10,000 PHP
Fee:12
Exchange Rate:0.1213 (6.4% from mid-rate)
CNY amount:1,211.54 CNY
Total Cost:6.52%
Difference:
¥68 less than using OFX
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 CNY mid-rate = 0.1295

Right now the PHP/CNY market mid-rate is 0.1295 and represents ideally how many Chinese Yuan you can get for one Philippine Peso.

This PHP/CNY Converter calculates equivalent Philippine Peso to Chinese Yuan amounts at the market mid-rate:

PHP / CNY mid-rate converter


₱PHP


¥CNY
1 Philippine Peso equals
0.1295 Chinese Yuan

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

Foreign Transfers

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

Philippine Peso

Chinese Yuan

1 PHP 0.1295 CNY
5 PHP 0.6475 CNY
10 PHP 1.2950 CNY
20 PHP 2.5900 CNY
50 PHP 6.4750 CNY
100 PHP 12.95 CNY
250 PHP 32.38 CNY
500 PHP 64.75 CNY
1,000 PHP 129.50 CNY
2,000 PHP 259.00 CNY
5,000 PHP 647.50 CNY
10,000 PHP 1,295.00 CNY
50,000 PHP 6,475.00 CNY
100,000 PHP 12,950.00 CNY
See more

Philippine Peso

Chinese Yuan

7.7228 PHP 1 CNY
38.61 PHP 5 CNY
77.23 PHP 10 CNY
154.46 PHP 20 CNY
386.14 PHP 50 CNY
772.28 PHP 100 CNY
1,930.70 PHP 250 CNY
3,861.40 PHP 500 CNY
7,722.80 PHP 1,000 CNY
15,445.60 PHP 2,000 CNY
38,614.00 PHP 5,000 CNY
77,228.00 PHP 10,000 CNY
386,140.00 PHP 50,000 CNY
772,280.00 PHP 100,000 CNY
See more

CNY Country Guides
ChinaChina

Philippine Peso to Chinese Yuan (PHP-CNY) - 10 Year History

The below table shows the historic variation in the PHP/CNY 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 20190.12931 Week
18 Jan 20190.12881 Month
21 Aug 20180.12836 Months
17 Feb 20180.12131 Year
17 Feb 20170.13722 Years
18 Feb 20140.13635 Years
19 Feb 20090.142710 Years

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

The PHP/CNY 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 / 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.

The closer your final exchange rate is to the market PHP/CNY 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 CNY exchange rate

  1. Know the latest PHP/CNY 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 Chinese Yuan

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 CNY, you should pay attention to both Philippine Peso and Chinese Yuan 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.

Chinese Yuan (CNY) - Market news and forecasts

11-January-19: A number of important developments in 2018 worked to reduce demand for the yuan, which lost 5 percent of its value relative to the dollar and 1 percent versus the euro.

Chief among negative developments was Washington’s agenda of trade protectionism. Tariffs make Chinese goods more expensive to American buyers, which lessens their appeal and necessitates a weaker yuan.

A tumbling Chinese stock market didn’t help the yuan either, as investors had little incentive to buy into Chinese companies and therefore one less reason to exchange local currency into yuan. The Shanghai Composite index fell 24 percent in 2018.

2019: The yuan has gotten off to a flyer in 2019. Following constructive trade talks between Washington and Beijing, the yuan traded at a 5-month high of ¥6.75 per dollar on the day of this report. The yuan is, however, still expected to weaken beyond the ¥7 mark against the dollar within the next 6 months, per a January poll of FX professionals. To reach ¥7 would be to have the yuan at its weakest level since 2008.

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