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Metrobank PHP to USD Transfers Compared

Compare live exchange rates, provider costs and current currency market data before you exchange.

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Compare PHP to USD rates

International money transfer rates Send 10,000 PHP → Receive USD

 
 
   
   
   
   
   
 

Compare Metrobank Exchange Rates & Fees - Save Time & Money

 
 
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Our Metrobank PHP 10000 to USD rate is 0.0162. This is -0.58% below the mid-rate.

Metrobank Philippine peso exchange rates

Metrobank publishes a dated foreign-exchange file with separate buying columns for notes, drafts and telegraphic transfer/electronic banking, plus a selling column for demand draft, telegraphic transfer and import bills.

BER uses the TT/EB buying column and the DD/TT/IB selling column for this bank-transfer comparison. These are indicative branch rates and may change without notice.

 
 

BER Benchmark: Metrobank PHP FX Rates & Margins

BER Benchmark monitors Metrobank exchange rates across the PHP currency corridors tracked by BER. The current average margin versus the mid-market rate is 0.78%.

This average is based on the PHP 10,000 transfer rates currently monitored by BER across the available Metrobank currency corridors.

 

Metrobank - Lowest and Highest FX Margins

BER Benchmark ranks the Metrobank 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 10,000 transaction.

Metrobank Lowest FX Margins

Currency Pair Metrobank Rate Mid Market Rate Margin
PHP/USD 0.0162 0.0163 0.4%
PHP/HKD 0.1274 0.1280 0.4%
PHP/CNY 0.1094 0.1099 0.5%
PHP/JPY 2.5820 2.5952 0.5%
PHP/GBP 0.0120 0.0121 0.6%

Metrobank Highest FX Margins

Currency Pair Metrobank Rate Mid Market Rate Margin
PHP/DKK 0.1030 0.1056 2.5%
PHP/CAD 0.0225 0.0227 0.9%
PHP/AUD 0.0229 0.0231 0.9%
PHP/CHF 0.0131 0.0132 0.7%
PHP/SGD 0.0207 0.0209 0.7%
 
 
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Metrobank TT rate coverage and costs

The current two-way TT data covers USD, EUR, GBP, CHF, JPY, AUD, CAD, DKK, HKD and SGD against PHP. Metrobank also publishes a one-way customer selling rate for CNY, so BER does not infer the unavailable reverse quote.

The comparison reflects the exchange-rate margin visible in Metrobank's published rate. Any transfer, cable, correspondent or recipient-bank charge must be considered separately when it applies.

 
 
 
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Metrobank rate timing and qualifications

Metrobank dates the official CSV used by BER and describes the rates as indicative. The bank advises customers to visit a branch for the actual rate for the day.

BER rejects a stale, partial or structurally changed source file rather than publishing a partial table. The captured rate is still not a guaranteed quote, and payment eligibility or documentation can depend on the transaction.

 
   

What is the Metrobank Send Money conversion rate for PHP to USD?

The Metrobank PHP to USD exchange rate is 0.0162. This is -0.58% compared to the latest PHP-USD mid-market rate 0.016295.

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

How do Metrobank PHP-USD rates compare between 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 Metrobank 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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