1 PHP to INR - Convert Philippine Peso to Indian Rupee

Looking at the 30-day window, the PHP/INR pair traded in a range of 1.4876 to 1.5864. The monthly average was 1.5385 with 1.71% volatility. The relatively low volatility indicates stable trading conditions for the PHP/INR currency pair.

The current mid-market exchange rate is 1 PHP = 1.5505 INR, updated as of June 4, 2026, 3:31 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Philippine Peso to Indian Rupee Exchange Rate

The PHP/INR exchange rate tells you how many Indian Rupee (INR) you receive for every Philippine Peso (PHP). At the current mid-market rate of 1 PHP = 1.5505 INR, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the PHP to INR Rate

Exchange rates between Philippine Peso and Indian Rupee are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the PHP/INR rate fluctuates throughout trading sessions and over longer time periods.

Historical PHP/INR Trends

The PHP/INR exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Philippine Peso Overview

The Philippine Peso (PHP) is the official currency of the Philippines, managed by Bangko Sentral ng Pilipinas. Overseas worker remittances are a critical driver of peso demand and the broader economy. Understanding the fundamentals behind PHP helps contextualize its exchange rate movements against INR and other currencies.

Indian Rupee Overview

The Indian Rupee (INR) is the official currency of India, managed by the Reserve Bank of India. India's growing economy and large population make the Rupee one of the most traded emerging market currencies. The INR exchange rate against PHP reflects relative economic conditions between the two currency areas.