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Best GBP to PHP Exchange Rates Compared Live

The best GBP to PHP exchange rate is 70.94. Compare foreign transfer and currency exchange rates, find better rates & deals.

GBP-PHP Best Exchange Rate Calculator
       

Comparing GBP-PHP exchange rates

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Pound Sterling (GBP) to Philippine peso (PHP) rates from different sources before making a conversion.

The above Sterling to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest GBP-PHP mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : GBP to PHP outlook: Soft UK data and BoE rate cut prospects weigh on Sterling. Unpredictable UK politics & global tensions impact PHP. Despite stability at 70.81, market view urges vigilance. Consult with FX analysts for savvy decisions in volatile times. #GBPPHP #Forex #CurrencyUpdate

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GBP to PHP Market Data

Pound Sterling (GBP) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 GBP =
70.94We compare provider deals to this wholesale mid-market rate. Read more
PHP
+0.1%
📉2W
GBP to PHP at 70.86 is near its 3-month average, having traded in a very stable 2.2% range from 70.13 to 71.67
|
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  1 PHP = 0.014096 GBP
DateGBP/PHPChangePeriod
04 Mar 2024
71.09
0.3% â–¼2 Week
19 Dec 2023
70.93
0.1% â–¼3 Month
19 Mar 2023
66.77
6.1% â–²1 Year
20 Mar 2019
69.89
1.4% â–²5 Year
21 Mar 2014
74.59
5% â–¼10 Year
23 Mar 2004
104.16
32% â–¼20 Year
GBP/PHP historic rates & change to 18-Mar-2024
 

What are equivalent amounts of GBP and PHP?

Here are some popular conversion amounts for GBP to PHP (Pound Sterling to Philippine peso)*.

GBP PHP
£ 1 70.94
£ 5 354.70
£ 10 709.40
£ 20 1,419
£ 50 3,547
£ 100 7,094
£ 250 17,735
£ 500 35,470
£ 1,000 70,940
£ 2,000 141,880
£ 5,000 354,700
£ 10,000 709,400
£ 20,000 1,418,800
£ 50,000 3,547,000
£ 100,000 7,094,000
GBP PHP
£ 0.0141 ₱ 1
£ 0.0705 ₱ 5
£ 0.1410 ₱ 10
£ 0.2819 ₱ 20
£ 0.7048 ₱ 50
£ 1.4096 ₱ 100
£ 3.5240 ₱ 250
£ 7.0480 ₱ 500
£ 14.10 ₱ 1,000
£ 28.19 ₱ 2,000
£ 70.48 ₱ 5,000
£ 140.96 ₱ 10,000
£ 281.92 ₱ 20,000
£ 704.80 ₱ 50,000
£ 1,410 ₱ 100,000

More amounts

*Converted at the current GBPPHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for GBP to PHP

 

Recent forecasts and currency market updates indicate a challenging outlook for the GBP to PHP exchange rate. The Pound (GBP) has faced pressure due to disappointing UK economic data, particularly softening wage growth and rising unemployment figures. Analysts suggest that this could potentially pave the way for the Bank of England (BoE) to consider interest rate cuts, which would likely weaken the GBP further against the Philippine Peso (PHP).

Read our full review of recent GBP to PHP forecasts.

 

How to get a good GBP to PHP exchange rate

There are several ways to save on exchange rates when converting Pound Sterling to Philippine peso:

  1. Shop around for the best GBP/PHP exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the GBP/PHP rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both GBP and PHP at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Philippine peso with Pound Sterling, then it's better for the GBP/PHP exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Pound Sterling rise against the Philippine peso?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add GBP/PHP to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending


 

Read our Currency guide to Philippines - a practical currency and money guide to travel, living and doing business in Philippines with the Philippine peso.

 
 
 

Currency Country Guides

United KingdomUnited Kingdom (GBP)PhilippinesPhilippines (PHP)
 

What is the cost of living in Philippines?

The cost of living in Philippines is relatively low compared to other countries. Rent, food, and transportation are all relatively inexpensive.

How is the expat life in Philippines?

The expat life in Philippines can be quite comfortable. There is a wide variety of housing options available, from apartments to villas. Many expats live in gated communities with security guards. The cost of living is relatively low, and there are a number of good schools to choose from. English is widely spoken, which makes communication easy.

Read more at our Philippines (PHP) country guide

   
 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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