Compare live exchange rates, provider costs and current currency market data before you exchange.
Live provider rate comparison
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EastWest Bank's public digital rate board publishes a dated USD/PHP buy and sell quote. BER converts the displayed PHP-per-USD prices into a consistent PHP-to-USD comparison while preserving both published directions.
Coverage is currently limited to USD/PHP because the other visible board pairs do not publish complete two-way customer quotes.
BER Benchmark monitors EastWest Bank exchange rates across the PHP currency corridors tracked by BER. The current average margin versus the mid-market rate is 0.18%.
This average is based on the PHP 500 transfer rates currently monitored by BER across the available EastWest Bank currency corridors.
BER Benchmark ranks the EastWest 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 500 transaction.
BER uses only EastWest's complete USD/PHP buy and sell row. It does not fill missing sell values for USD/CNY or CNY/PHP and will stop the capture if the reviewed USD/PHP row becomes incomplete or crossed.
The comparison measures the difference in the published exchange rate. Confirm the executable quote and any account, transfer or service charge with EastWest for the transaction you intend to make.
EastWest's digital board provides a publication date but no time of day. BER records that lower-precision timestamp explicitly and applies a business-day freshness limit before accepting the rate.
The displayed rate can move before a customer transacts. Confirm the current quote, product eligibility and applicable charges directly with EastWest.
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 US dollar (USD) rates from different sources before making a conversion.
The above EastWest Bank - Peso to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by EastWest Bank and other foreign exchange providers against the latest PHP-USD mid-rate and the possible savings of using various providers.
Looking at the full PHP to USD - Send Money comparison table the provider with the best PHP to USD exchange rate is Wise at 0.0162, -0.58% from the latest mid-market rate 0.016295.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like EastWest 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.
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