Live · ECB mid-market

Philippine Pesos to Mexican Pesos today

Convert PHP to MXN at the real ECB mid-market rate. No markup, no hidden fees.

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Mid-market rate
PHP
MXN

Your bank is probably not giving you this rate. Most banks add a 2–4% markup on top of the mid-market rate. On a 1,000 transfer that's 20–40 lost silently.

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PHP to MXN Live exchange rate

Stats

1 PHP to MXN stats

Performance over the last 30 and 90 days, sourced from ECB daily reference rates.

30d high Last 30 days
30d low Last 30 days
30d average Last 30 days
30d change vs. 30 days ago

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The performance of PHP to MXN in the last 90 days is loading…

1 PHP to MXN Last 30 days Last 90 days
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Bank markup comparison

Philippine Peso to Mexican Peso — which bank gives the best rate?

Sending 1,000 PHP to MXN · markups based on each provider's typical retail spread.

Provider Their rate Markup vs mid-market You get (MXN) 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.

Common amounts

PHP to MXN exchange rates today

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PHPMXN
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MXNPHP
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About these currencies

About the Philippine Peso and Mexican Peso

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.

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.

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Common questions

PHP to MXN FAQs.

How do I convert Philippine Pesos to Mexican Pesos?

Enter your amount in the converter at the top of this page and the PHP to MXN 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 PHP to MXN exchange rate?

The mid-market PHP to MXN 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 Philippine Peso to Mexican 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 PHP to MXN rate mean?

The PHP/MXN exchange rate tells you how many Mexican Pesos you get for 1 Philippine Peso. The mid-market rate is the midpoint between buy and sell prices in global forex markets — the fairest reference rate available.

Is this PHP to MXN 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.

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