ING Bank AUD to PHP Transfers Compared

   

AUD to PHP is currently at 38.07, up 2.1% from the 3-month avg of 37.3. Analysts note that rising U.S. dollar demand and local instability in the Philippines may weigh on both currencies. Future trends will hinge on global risk appetite and economic developments

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What is the ING Bank Send Money conversion rate for AUD to PHP?

The ING Bank AUD to PHP exchange rate is 35.74. This is -6.1% compared to the latest AUD-PHP mid-market rate 38.06.

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

How do ING Bank AUD-PHP rates compare between providers?

The next best is XE at 37.83, -0.6% from the mid-rate.

Then Wise at 37.81, which is -0.66% from the mid-rate.

The Western Union rate is 37.68 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 35.29 at -7.3% the ANZ Bank rate is 36.4610 at -4.2% and the ING Bank rate is 35.74 at -6.1% compared to the mid-rate 38.06.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ING 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.