Mexican Pesos to Philippine Pesos today
Convert MXN to PHP at the real ECB mid-market rate. No markup, no hidden fees.
MXN to PHP Live exchange rate
1 MXN to PHP stats
Performance over the last 30 and 90 days, sourced from ECB daily reference rates.
The performance of MXN to PHP in the last 30 days is loading…
The performance of MXN to PHP in the last 90 days is loading…
| 1 MXN to PHP | Last 30 days | Last 90 days |
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Mexican Peso to Philippine Peso — which bank gives the best rate?
Sending $1,000 MXN to PHP · markups based on each provider's typical retail spread.
| Provider | Their rate | Markup vs mid-market | You get (PHP) | Fee |
|---|---|---|---|---|
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Markups are approximate retail-tier estimates that vary by transfer size, channel, and time of day. Always verify in-app before transacting. Mid-market rate sourced from the European Central Bank via Frankfurter. See methodology.
MXN to PHP exchange rates today
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About the Mexican Peso and Philippine Peso
Mexican Peso MXN
The Mexican Peso (MXN) is the official currency of Mexico, issued by the Banco de México. It is one of the most-traded emerging-market currencies and is closely linked to the US Dollar through trade and remittance flows.
Philippine Peso PHP
The Philippine Peso (PHP) is the official currency of the Philippines, issued by Bangko Sentral ng Pilipinas. It is one of the most actively converted currencies for remittances, given the country's large overseas worker population.
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MXN to PHP FAQs.
How do I convert Mexican Pesos to Philippine Pesos?
Enter your amount in the converter at the top of this page and the MXN to PHP calculator will show the result in real time at the mid-market exchange rate. For actual transfers, compare providers in the bank markup table — rates vary by 0.7% to 8% depending on who you use.
What is the current MXN to PHP exchange rate?
The mid-market MXN to PHP rate updates daily from the European Central Bank — see the live figure in the converter above. This is the rate you'd see on Reuters or Bloomberg, before any markup. Banks and providers add 1.5% to 4% on top of this rate.
Why is my bank's Mexican Peso to Philippine Peso rate different?
Banks and bureaux de change don't pass on the mid-market rate. They add a spread (markup), typically 1.5% to 5%, which is how they earn on currency exchange. Our comparison table shows the effective rate each provider gives and what that markup costs you on a $1,000 transfer.
What does the MXN to PHP rate mean?
The MXN/PHP exchange rate tells you how many Philippine Pesos you get for 1 Mexican Peso. The mid-market rate is the midpoint between buy and sell prices in global forex markets — the fairest reference rate available.
Is this MXN to PHP currency converter free?
Yes — completely free, no ads, no sign-up required. Currency Calculator is an independent rate-information tool. We don't take a cut of any transfer. Our goal is transparency: showing you the real mid-market rate and exactly how much each provider charges above it.