Rate direction
Thai baht to Philippine peso · THB/PHP trend
Review the recent market direction, current mid-market rate and significant movement alerts.
THB/PHP exchange rate
90-day market context
THB to PHP is at 90-day lows near 1.8269, 1.8% below its 3-month average of 1.8599, having traded in a quite stable 4.1% range from 1.8269 to 1.9017
Currency Forecasts related to THB/PHP
USD to PHP Exchange Rate Forecast & Outlook
Currently, USD/PHP is trading close to 61.26, near its 3-month average and within a very stable range. The dominant driver is the rate differential, with the USD supported by Federal Reserve hawkish expectations.
THB to PHP 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 Thai baht are worth in Philippine peso across a range of amounts.
This gives a quick view of what you’d get when converting different THB amounts at today’s rate * :
*Converted at the current THB-PHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
best Send Money conversion rate for THB to PHP?
The best THB to PHP exchange rate is 1.8314 from OFX . This is -0.5% compared to the mid-market rate 1.8406.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Thai baht (THB) to Philippine peso (PHP) rates from different sources before making a conversion.
The above Baht to Peso 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 THB-PHP mid-rate and the possible savings of using various providers.
How do THB-PHP rates compare between providers?
Looking at the full THB to PHP - Send Money comparison table the provider with the best THB to PHP exchange rate is OFX at 1.8314, -0.5% from the latest mid-market rate 1.8406.
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.