1 PHP to MXN - Convert Philippine Peso to Mexican Peso

Over the last 7 days, the PHP to MXN exchange rate moved between 0.287100 and 0.299900. The average rate for the week was 0.293042, with a volatility of 1.41%. The Philippine Peso strengthened against the Mexican Peso by 2.2% during this period.

Looking at the 30-day window, the PHP/MXN pair traded in a range of 0.289000 to 0.305500. The monthly average was 0.296635 with 1.42% volatility. This downward movement of 2.2% suggests significant momentum in the PHP/MXN exchange rate.

The current mid-market exchange rate is 1 PHP = 0.294746 MXN, updated as of October 30, 2026, 11:35 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 Mexican Peso Exchange Rate

The PHP/MXN exchange rate tells you how many Mexican Peso (MXN) you receive for every Philippine Peso (PHP). At the current mid-market rate of 1 PHP = 0.294746 MXN, 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 MXN Rate

Exchange rates between Philippine Peso and Mexican Peso 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/MXN rate fluctuates throughout trading sessions and over longer time periods.

PHP/MXN for Travelers and Businesses

Whether you are traveling, sending money internationally, or managing business payments, the PHP to MXN rate directly affects your costs. Travelers should compare airport exchange counters, city center bureaux, and card-based options before converting. Businesses managing recurring cross-border payments benefit from setting up rate alerts and locking in favorable rates when they appear. The conversion table on this page helps you quickly reference common amounts.

Sending Money from PHP to MXN

International money transfers from Philippine Peso to Mexican Peso can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Reverse Rate: MXN to PHP

The reverse exchange rate is 1 MXN = 3.3928 PHP. This is useful if you are starting with Mexican Peso and want to know how much Philippine Peso you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated MXN to PHP converter for the reverse direction.