![]() If you send money with a provider that offers the mid-market rate, this is likely the best rate possible for your transfer, as offering a better rate would mean the provider is making a loss on the transfer. The mid-market or interbank exchange rate is essentially the standard exchange rate for each currency, without any provider costs or rate markups added in. The same is true for all currencies, though you’ll find certain currencies are much more stable than others.įor example, the pound sterling and the US dollar are both relatively safe compared to other currencies that are experiencing political or economic turmoil, such as Iran, Venezuela, and North Korea. Speculation and confidence in a country’s economy or governmentĪs a result of so many influencing factors, you’ll find the exchange rate for PHP to USD can change almost by the minute. The cost of buying USD with PHP is affected by a range of factors, including: What affects PHP to US Dollar exchange rates? This tells you the value of one country's currency compared to another. ![]() Monitor exchange rates: Sign up for our rate alerts service and receive weekly, bi-weekly, or monthly email updates for your chosen currency directly to your inbox.Ĭurrency exchange rates show how much it costs to buy USD with PHP, and vice versa. The current mid-market rate for PHP-USD currency exchanges is 0.017608. This can help you send money between different countries] at the best rate. Monitoring exchange rate fluctuations allows you to spot trends. Keep an eye on the mid-market rate: The PHP-USD exchange rate fluctuates by the minute, and major changes can happen without much notice as rates usually respond to real time events. Understand how exchange rates work: Exchange rates are how much one country's currency is worth in another country's currency, and they fluctuate constantly due to factors such as economic indicators, geopolitical events, and market demand. To secure the best transfer rate, you should: ![]() This way, you're not just finding the best provider, but also making the most out of the prevailing market conditions. ![]() We also offer tools to monitor exchange rate fluctuations, helping you to identify the optimal timing for your transactions. Our comparison tool is designed to streamline this process and help you compare the rates offered by the best money transfer companies and international money transfer apps, alongside their associated fees and transfer speed. Here on, we give you tools designed specifically to help you navigate through this complexity. The exchange rate is subject to constant fluctuations and the rate offered by different providers can vary significantly, as they often factor in their own fees and charges, making the whole process even more complex. Identifying the best PHP to USD exchange rate can take a bit of work because it involves more than just checking a single number. Before XEU rates are theoretical ones.įor Gold (XAU), Silver (XAG), platinum (XPT) and Palladium (XPD), rates and amounts are expressed in grams ( 1 ounce=31.103 g).How to get the best PHP to US Dollar exchange rate Use the XEU code to see Ecu (European Currency Unit) exchange rates. Use this currency converter for live prices.īefore, the Euro(EUR) exchange rates are theoretical ones. NZD New-Zealand Īny trouble ? See How to use this converterĪmounts can be entered with a comma or dot to separate the decimal part.īe careful : some historic rates of minor currencies are not known a long way in the past.Įxchange rates are refreshed daily and are the official ones published by Central banks on 25 September 2023. On 25 September 2023 100 EUR-Euroland =106.33 USD-United States ġ00 USD-United States =94.05 EUR-Euroland Įnter an amount in the box field of your chosen currency and click here to see the converted amount :ĬNY China This tool converts currencies at a specific date using historical ratesĪctual value adjusted with Consumer Price Index is also computed on bottom of the page for major currenciesįill in the following fields and click Go! Historical currency converter with official exchange rates from 1953
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