GBP to PHP Transfers Compared

   

GBP to PHP is currently at 79.04, holding near 90-day highs, up 1.7% from the 3-month avg. Analysts warn of GBP volatility due to potential BoE rate cuts, while the PHP struggles amid economic concerns. Keep a close watch on key UK and PH indicators for future movements

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What is the best Send Money conversion rate for GBP to PHP?

The best GBP to PHP exchange rate is 78.58 from OFX . This is -0.49% compared to the mid-market rate 78.97.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Philippine peso (PHP) rates from different sources before making a conversion.

The above Sterling to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-PHP mid-rate and the possible savings of using various providers. 

How do GBP-PHP rates compare between providers?

Looking at the full GBP to PHP - Send Money comparison table the provider with the best GBP to PHP exchange rate is OFX at 78.58, -0.49% from the latest mid-market rate 78.97.

The next best is XE at 78.5, -0.6% from the mid-rate.

Then Wise at 78.38, which is -0.75% from the mid-rate.

The Western Union rate is 78.18 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 71.96 at -8.9% the Royal Bank of Scotland rate is 72.44 at -8.3% and the Barclays Bank rate is 75.71 at -4.1% compared to the mid-rate 78.97.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.