Philippine Peso to Saudi Riyal - 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/SAR 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 SAR. The total costs are calculated against the latest mid-market rate.
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 SAR mid-rate = 0.072217
Right now the PHP/SAR market mid-rate is 0.072217
and represents ideally how many Saudi Riyal you can get for one Philippine Peso.
This PHP/SAR Converter calculates equivalent Philippine Peso to Saudi Riyal amounts at the market mid-rate:
PHP / SAR mid-rate converter
1 Philippine Peso equals 0.072217Saudi Riyal
1 SAR =
1 SAR =
Compare how much you can save on PHP/SAR exchange rates for:
Philippine Peso to Saudi Riyal (PHP-SAR) - 10 Year History
The below table shows the historic variation in the PHP/SAR 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.
10 Feb 2019
18 Jan 2019
21 Aug 2018
17 Feb 2018
17 Feb 2017
18 Feb 2014
19 Feb 2009
Why can't I just get the PHP/SAR market rate I see on Google or in the Media?
The PHP/SAR 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 / SAR 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/SAR midrate the better deal you are getting.
The three things you need in order to get a good PHP to SAR exchange rate
Know the latest PHP/SAR 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.
Compare your Bank's transaction costs
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
Currency news and forecasts for Philippine Peso and Saudi Riyal
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 SAR, you should pay attention to both Philippine Peso and Saudi Riyal 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.
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