

Compare live exchange rates, provider costs and current currency market data before you exchange.
Live provider rate comparison
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BER Benchmark monitors Royal Bank of Scotland exchange rates across the GBP currency corridors tracked by BER. The current average margin versus the mid-market rate is 3.3%.
This average is based on the GBP 10,000 transfer rates currently monitored by BER across the available Royal Bank of Scotland currency corridors.
BER Benchmark ranks the Royal Bank of Scotland currency corridors currently monitored for British pound transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a GBP 10,000 transaction.
Rate direction
Review the recent market direction, current mid-market rate and significant movement alerts.
GBP to PHP is at 14-day highs near 82.73, just 0.7% above its 3-month average of 82.12, having traded in a quite stable 4.4% range from 80.02 to 83.52
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Philippine peso across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-PHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
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 Royal Bank of Scotland - Sterling to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Royal Bank of Scotland and other foreign exchange providers against the latest GBP-PHP mid-rate and the possible savings of using various 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 82.36, -0.51% from the latest mid-market rate 82.78.
The next best is XE at 82.28, -0.6% from the mid-rate.
Then Wise at 82.26, which is -0.63% from the mid-rate.
The Western Union rate is 81.53 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 79.84 at -3.6% the Royal Bank of Scotland rate is 79.07 at -4.5% and the Barclays Bank rate is 80.99 at -2.2% compared to the mid-rate 82.78.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Royal Bank of Scotland 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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