What is the
PayPal Send Money conversion rate for AUD to PHP?
The PayPal AUD to PHP exchange rate is 34.96. This is -14.6% compared to the latest AUD-PHP mid-market rate 40.96.
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
PayPal - Aussie to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
PayPal and other foreign exchange providers against the latest AUD-PHP mid-rate and the possible savings of using various providers.
How do PayPal AUD-PHP rates compare between providers?
Looking at the full
AUD to PHP - Send Money comparison table the provider with the best AUD to PHP exchange rate is OFX at 40.75, -0.51% from the latest mid-market rate 40.96.
The next best is XE at 40.71, -0.61% from the mid-rate.
Then Wise at 40.63, which is -0.81% from the mid-rate.
The Western Union rate is 40.34 which is -1.5% from the mid-rate.
Among the banks the Commonwealth Bank rate is 38.95 at -4.9% the ANZ Bank rate is 39.34 at -4% and the ING Bank rate is 35.45 at -13.5% compared to the mid-rate 40.96.
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.
Compare AUD to PHP Transfer Rates