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THB to PHP - Rate Guide

Thai Baht to Philippine Peso exchange rates aren't all the same.

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

 

1 THB = 1.6224 PHP

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THB to PHP - Trading Range (90 Day)
90-DAY LOW (5d)
THB/PHP at 1.6198 is trading 2.9% below the 90-day average 1.6686 with a range 1.6169 to 1.7162. There are no current rate alerts.
16-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Thai Baht to Philippine Peso

THB

PHP

฿ 1
1.6224
฿ 5
8.1120
฿ 10
16.22
฿ 20
32.45
฿ 50
81.12
฿ 100
162.24
฿ 250
405.60
฿ 500
811.20
฿ 1,000
1,622
฿ 2,000
3,245
฿ 5,000
8,112
฿ 10,000
16,224
฿ 50,000
81,120
฿ 100,000
162,240
More amounts

THB

PHP

฿ 0.6164
1
฿ 3.0820
5
฿ 6.1640
10
฿ 12.33
20
฿ 30.82
50
฿ 61.64
100
฿ 154.10
250
฿ 308.20
500
฿ 616.40
1,000
฿ 1,233
2,000
฿ 3,082
5,000
฿ 6,164
10,000
฿ 30,820
50,000
฿ 61,640
100,000
More amounts

To calculate specific THB/PHP amounts use our Convert THB to PHP quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for THB/PHP International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

THB to PHP International Money Transfers

  

Foreign Transfer ProvidersReceive PHP(₱)Exchange RateFee THBTotal CostDeal Links
WorldRemit logo
Your amount above the WorldRemit THB2000 maximum
 
WorldRemit logo
WorldRemit: Foreign Transfer THB→PHP
From Amount (THB)฿10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 02/17/2020 - View latest rates

Country Guides (THB & PHP)

PhilippinesPhilippines (PHP)ThailandThailand (THB)

THB and PHP in the Markets

When determining the best time to make a foreign exchange transaction, in this case the THB vs PHP, you should pay attention to the recent market trends for both currencies.

Thai Baht (THB)

Recent years have been extremely kind to the baht and 2019 has been no exception. The Thai baht has been the best performing currency in Asia for 2019, the baht rose to a 6-year high against the US dollar (฿30.66) and to a 10-year high against the Australian dollar (฿21.35), as well as to long-term highs against a host of other major currencies.

The baht is being supported by Thailand’s large current-account surplus and has benefited from speculation that Thai stocks will soon be assigned a larger weighting in the MSCI Emerging Markets index, which would result in significant amounts of foreign capital entering Thailand.

The team at TradingEconomics.com is expecting slight baht weakness over the coming year, with June-2020 forecasts for USD/THB and AUD/THB of 32 and 22 respectively.

 

Philippine Peso (PHP)

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.


How to get Best THB to PHP Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee 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.

When is the best time to exchange THB to PHP?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

It is also a good idea to be aware of the change in the historic THB/PHP exchange rate over longer periods.

THB/PHP - Historical Rates

PeriodTHB/PHPDate
1 Day1.623610 Feb 2020
7 Day1.637704 Feb 2020
30 Day1.672112 Jan 2020
3 Month1.682113 Nov 2019
1 Year1.661611 Feb 2019
5 Year1.357712 Feb 2015
10 Year1.393113 Feb 2010

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