Compare live exchange rates, provider costs and current currency market data before you exchange.
Live provider rate comparison
|
|
|
||
|
|
|
||
|
|
|
||
|
|
|
China Bank publishes indicative buy and sell rates against PHP for USD, EUR, JPY, HKD, SGD, CNY, KRW, TWD and THB. BER uses the full dated table and labels it as indicative branch foreign exchange.
The bank says the displayed rates are for reference and can change during the day. Confirm the live quote and transaction requirements with China Bank before exchanging currency.
BER Benchmark monitors China Bank exchange rates across the PHP currency corridors tracked by BER. The current average margin versus the mid-market rate is 2.2%.
This average is based on the PHP 2,000 transfer rates currently monitored by BER across the available China Bank currency corridors.
BER Benchmark ranks the China Bank currency corridors currently monitored for Philippine peso transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a PHP 2,000 transaction.
China Bank states that FX sale transactions require a completed FX slip or application to purchase and supporting documents when applicable under Philippine FX rules. Its published rates are indicative and for reference only.
BER's comparison covers the exchange-rate margin visible in the table. It does not infer unverified service or transfer fees, and foreign-currency cash remains subject to availability.
China Bank lists Philippine FX market trading hours of 9:00 am to 4:00 pm and says no FX trades are processed beyond the stated cut-off. The bank directs customers to branch personnel for live quotes.
BER checks the source timestamp and complete nine-currency coverage before publishing. Notes availability, acceptable banknotes and documentation can still affect whether a transaction can proceed.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Philippine peso (PHP) to Hong Kong dollar (HKD) rates from different sources before making a conversion.
The above China Bank - Peso to Hong Kong dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by China Bank and other foreign exchange providers against the latest PHP-HKD mid-rate and the possible savings of using various providers.
Looking at the full PHP to HKD - Send Money comparison table the provider with the best PHP to HKD exchange rate is Wise at 0.1269, -0.78% from the latest mid-market rate 0.1279.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like China Bank 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.
Choose your starting currency
Select the currency you have to see its complete exchange-rate directory.