Understanding the Table:
The comparison table above helps you see the total cost of your Wise 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’.
The average AUD rate margin offered by Wise is 0.89%.
This average is based on individual AUD 10K transfer rates in the currency pairs from Wise that we monitor.
The tables below show the best and worst exchange rate margins offered by Wise for Australian dollar (AUD 10K) transactions. Margins show the percentage difference from the mid-market rate.
Australian dollar (AUD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: Bullish-to-range-bound, as the current level is above the 90-day average and in the upper half of the 3-month range.
Bias: The Australian dollar remains bullish-to-range-bound, sitting above the 90-day average and in the upper half of the 3-month range.
Bias: The USD/PHP is bullish-to-range-bound, as it currently sits above the 90-day average and in the upper half of the 3-month range.
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Philippine peso across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
*Converted at the current AUD-PHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The Wise AUD to PHP exchange rate is 39.63. This is -0.58% compared to the latest AUD-PHP mid-market rate 39.86.
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 Wise - Aussie to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Wise and other foreign exchange providers against the latest AUD-PHP mid-rate and the possible savings of using various 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 39.66, -0.5% from the latest mid-market rate 39.86.
The next best is Wise at 39.63, -0.58% from the mid-rate.
Then XE at 39.62, which is -0.6% from the mid-rate.
The Western Union rate is 39.46 which is -1% from the mid-rate.
Among the banks the Commonwealth Bank rate is 38.28 at -4% the ANZ Bank rate is 38.28 at -4% and the ING Bank rate is 35.47 at -11% compared to the mid-rate 39.86.
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 like Wise 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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