MXN to PHP — rate history
3.4730PHP
for 1 Mexican Peso on 30 September 2026 · records since 2 January 2008
8.02% over 2008–2026
Today: 1 MXN = 3.4556 PHP (PayerPay indicative rate, includes our margin)
All-time figures
| Measure | Rate | When |
|---|---|---|
| Opened | 3.7760 PHP | 2 January 2008 |
| Closed | 3.4730 PHP | 30 September 2026 |
| Highest | 4.5188 PHP | 26 August 2008 |
| Lowest | 2.0180 PHP | 6 April 2020 |
| Average | 3.0596 PHP | 4800 trading days |
| Change | -8.02% PHP | open to close |
Year by year
| Year | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| 2008 | 3.7760 | 3.4279 | 4.5188 | 3.4279 | -9.22% |
| 2009 | 3.4066 | 3.5147 | 3.7787 | 3.1378 | +3.18% |
| 2010 | 3.5411 | 3.5232 | 3.6933 | 3.3929 | -0.51% |
| 2011 | 3.5564 | 3.1441 | 3.7433 | 3.0867 | -11.59% |
| 2012 | 3.1465 | 3.1486 | 3.4048 | 3.0127 | +0.07% |
| 2013 | 3.1954 | 3.3912 | 3.4784 | 3.1649 | +6.13% |
| 2014 | 3.3852 | 3.0466 | 3.4495 | 2.9932 | -10.00% |
| 2015 | 3.0224 | 2.6963 | 3.0834 | 2.6963 | -10.79% |
| 2016 | 2.7141 | 2.4007 | 2.7470 | 2.3550 | -11.55% |
| 2017 | 2.3853 | 2.5271 | 2.9062 | 2.2723 | +5.94% |
| 2018 | 2.5530 | 2.6726 | 2.9093 | 2.5530 | +4.69% |
| 2019 | 2.6745 | 2.6814 | 2.7949 | 2.5905 | +0.26% |
| 2020 | 2.6882 | 2.4216 | 2.7308 | 2.0180 | -9.92% |
| 2021 | 2.4301 | 2.4958 | 2.5505 | 2.2601 | +2.71% |
| 2022 | 2.4994 | 2.8443 | 3.0022 | 2.4435 | +13.80% |
| 2023 | 2.8626 | 3.2731 | 3.3949 | 2.8617 | +14.34% |
| 2024 | 3.2630 | 2.7981 | 3.5202 | 2.7933 | -14.25% |
| 2025 | 2.7881 | 3.2800 | 3.2827 | 2.7393 | +17.64% |
| 2026 | 3.2802 | 3.4730 | 3.7073 | 3.2802 | +5.88% |
Sending money there?
We pay out in Philippine pesos
Transfers to Philippines go from the United States and the euro area. See the routes, the fees and how the money arrives.
Common questions
What is the highest MXN to PHP rate on record here?
4.5188 PHP per MXN on 26 August 2008. The lowest was 2.0180 on 6 April 2020. Records run from 2 January 2008 to 30 September 2026, 4800 trading days.
Where do these rates come from?
European Central Bank euro reference rates, converted through the US dollar into a cross rate; days from 28 September 2026 onward come from PayerPay's own daily record.
About these rates
The rates on this page are European Central Bank euro reference rates, converted through the US dollar into a cross rate, one reading per trading day. Days from 28 September 2026 onward come from PayerPay's own daily record. They are reference rates published for information, not an offer to transact — PayerPay's indicative rate today is 1 MXN = 3.4556 PHP, and it includes our margin. The final rate for a transfer is confirmed in your order.
Source: European Central Bank. Corrections: support@payerpay.io.
Who we are
PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.
