Rates PHP Markets PHP to KRW Foreign Transfers

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PHP to KRW Transfers Compared

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

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Compare PHP to KRW rates

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

Compare Exchange Rates & Fees - Save Time & Money

Sending money to South Korea can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to South Korea bank accounts or pay a South Korean won invoice.

Philippine peso to South Korean won · PHP/KRW trend

Review the recent market direction, current mid-market rate and significant movement alerts.

Current mid-market rate

1 PHP = 23.12 KRW

1D+0.2%▲

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Observed movement

90-day market context

PHP to KRW at 23.11 is 5.2% below its 3-month average of 24.38, having traded in a quite volatile 10.1% range from 23.06 to 25.39

PHP to KRW Conversion: What Is Your Money Worth?

View common conversion amounts at today’s mid-market rate

To help you understand the real-world value of the current exchange rate, the table below shows how much Philippine peso are worth in South Korean won across a range of amounts.

This gives a quick view of what you’d get when converting different PHP amounts at today’s rate * :

PHP	KRW
₱ 1	₩ 23.12
₱ 5	₩ 115.60
₱ 10	₩ 231.20
₱ 20	₩ 462.40
₱ 50	₩ 1,156
₱ 100	₩ 2,312
₱ 250	₩ 5,780
₱ 500	₩ 11,560
₱ 1,000	₩ 23,120
₱ 2,000	₩ 46,240
₱ 5,000	₩ 115,600
₱ 10,000	₩ 231,200
₱ 20,000	₩ 462,400
₱ 50,000	₩ 1,156,000
₱ 100,000	₩ 2,312,000

PHP	KRW
₱ 0.0433	₩ 1
₱ 0.2163	₩ 5
₱ 0.4326	₩ 10
₱ 0.8652	₩ 20
₱ 2.1630	₩ 50
₱ 4.3259	₩ 100
₱ 10.81	₩ 250
₱ 21.63	₩ 500
₱ 43.26	₩ 1,000
₱ 86.52	₩ 2,000
₱ 216.30	₩ 5,000
₱ 432.59	₩ 10,000
₱ 865.18	₩ 20,000
₱ 2,163	₩ 50,000
₱ 4,326	₩ 100,000

More amounts

*Converted at the current PHP-KRW interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

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

The best PHP to KRW exchange rate is 22.98 from Wise. This is -0.61% compared to the mid-market rate 23.12.

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 South Korean won (KRW) rates from different sources before making a conversion.

The above Peso to South Korean won 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 PHP-KRW mid-rate and the possible savings of using various providers.

How do PHP-KRW rates compare between providers?

Looking at the full PHP to KRW - Send Money comparison table the provider with the best PHP to KRW exchange rate is Wise at 22.98, -0.61% from the latest mid-market rate 23.12.

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.

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This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Best Exchange Rates Pty Ltd, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional. We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date. BER’s AI-generated rate analysis is developed using newsmon.ai.

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