MXN to PHP — 2023
3.2731PHP
for 1 Mexican Peso on 29 December 2023 · opened the year at 2.8626
14.34% over 2023
Today: 1 MXN = 3.4556 PHP (PayerPay indicative rate, includes our margin)
2023 at a glance
| Measure | Rate | When |
|---|---|---|
| Opened | 2.8626 PHP | 2 January 2023 |
| Closed | 3.2731 PHP | 29 December 2023 |
| Highest | 3.3949 PHP | 28 August 2023 |
| Lowest | 2.8617 PHP | 10 January 2023 |
| Average | 3.1409 PHP | 255 trading days |
| Change | +14.34% PHP | open to close |
Month by month
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| January | 2.8626 | 2.9021 | 2.9264 | 2.8617 | +1.38% |
| February | 2.8947 | 3.0214 | 3.0239 | 2.8644 | +4.38% |
| March | 3.0152 | 3.0067 | 3.0775 | 2.8709 | -0.28% |
| April | 3.0372 | 3.0741 | 3.1307 | 2.9837 | +1.21% |
| May | 3.0865 | 3.1730 | 3.2136 | 3.0802 | +2.80% |
| June | 3.1828 | 3.2369 | 3.2631 | 3.1828 | +1.70% |
| July | 3.2297 | 3.2877 | 3.2877 | 3.2117 | +1.79% |
| August | 3.2658 | 3.3841 | 3.3949 | 3.2217 | +3.62% |
| September | 3.3108 | 3.2410 | 3.3301 | 3.2262 | -2.11% |
| October | 3.2405 | 3.1477 | 3.2405 | 3.0954 | -2.86% |
| November | 3.1596 | 3.1867 | 3.2552 | 3.1344 | +0.86% |
| December | 3.2023 | 3.2731 | 3.2877 | 3.1635 | +2.21% |
← 2022 · All MXN to PHP history · PHP to MXN in 2023 · 2024 →
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Common questions
How did MXN to PHP change in 2023?
From 2.8626 PHP per MXN on 2 January 2023 to 3.2731 on 29 December 2023: +14.34% over the year, with an average of 3.1409 across 255 trading days.
What were the high and low of MXN to PHP in 2023?
High: 3.3949 on 28 August 2023. Low: 2.8617 on 10 January 2023.
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.
