Understanding the Table:
The comparison table above helps you see the total cost of your Bank of Melbourne currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Australian dollar (AUD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.
AUD/PHP Outlook: The AUD/PHP exchange rate is likely to increase as it is trading above its 3-month average and near recent highs.
AUD/USD Outlook: The AUD/USD is currently trading above its 90-day average and near recent highs, showing potential for further gains.
USD/PHP Outlook: The USD/PHP rate is slightly weaker, currently trading below its 90-day average and near the lower end of its recent range.
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Philippine peso across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
*Converted at the current AUD-PHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Bank of Melbourne AUD to PHP exchange rate is 39.8. This is -2.2% compared to the latest AUD-PHP mid-market rate 40.70.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Philippine peso (PHP) rates from different sources before making a conversion.
The above Bank of Melbourne - Aussie to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of Melbourne and other foreign exchange providers against the latest AUD-PHP mid-rate and the possible savings of using various providers.
Looking at the full AUD to PHP - Send Money comparison table the provider with the best AUD to PHP exchange rate is OFX at 40.49, -0.52% from the latest mid-market rate 40.70.
The next best is XE at 40.45, -0.61% from the mid-rate.
Then Wise at 40.37, which is -0.81% from the mid-rate.
The Western Union rate is 40.09 which is -1.5% from the mid-rate.
Among the banks the Commonwealth Bank rate is 38.71 at -4.9% the ANZ Bank rate is 39.09 at -4% and the ING Bank rate is 35.46 at -12.9% compared to the mid-rate 40.70.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bank of Melbourne often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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