Understanding the Table:
The comparison table above helps you see the total cost of your Standard Chartered currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Philippine peso (PHP) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
PHP/USD Outlook: Slightly positive, but likely to move sideways, as the PHP is trading just above its recent average, but without strong drivers.
EUR/USD Outlook: Bullish, as the rate is above its recent average and near recent highs, supported by weaker US dollar fundamentals.
USD/GBP Outlook: Bearish, as the exchange rate is below its recent average and near its lows, pressured by several factors.
To help you understand the real-world value of the current exchange rate, the table below shows how much Philippine peso are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different PHP amounts at today’s rate * :
*Converted at the current PHP-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best PHP to USD exchange rate is 0.017 from Wise. This is -0.55% compared to the mid-market rate 0.017094.
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 Standard Chartered - Peso to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Standard Chartered and other foreign exchange providers against the latest PHP-USD mid-rate and the possible savings of using various 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 0.017, -0.55% from the latest mid-market rate 0.017094.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Standard Chartered 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.
View a full list of exchange rates by selecting your Base (from) currency:
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