MXN to PHP — July 2023

3.2877PHP

for 1 Mexican Peso on 31 July 2023 · opened the month at 3.2297

1.79% over July 2023

European Central Bank reference rate
21 trading days
Reference rate, not an offer

Today: 1 MXN = 3.4620 PHP (PayerPay indicative rate, includes our margin)

MXN to PHP in July 2023 at a glance

1 MXN in PHP
Measure	Rate	When
Opened	3.2297 PHP	3 July 2023
Closed	3.2877 PHP	31 July 2023
Highest	3.2877 PHP	31 July 2023
Lowest	3.2117 PHP	13 July 2023
Average	3.2441 PHP	21 trading days
Change	+1.79% PHP	open to close

Day by day

MXN to PHP, July 2023▲ 1.79%

1 MXN in PHP, day by day
Date	Rate	Day change
3 July 2023	3.2297
4 July 2023	3.2405	+0.33%
5 July 2023	3.2504	+0.30%
6 July 2023	3.2548	+0.14%
7 July 2023	3.2198	-1.08%
10 July 2023	3.2524	+1.01%
11 July 2023	3.2410	-0.35%
12 July 2023	3.2250	-0.50%
13 July 2023	3.2117	-0.41%
14 July 2023	3.2262	+0.45%
17 July 2023	3.2431	+0.52%
18 July 2023	3.2581	+0.46%
19 July 2023	3.2571	-0.03%
20 July 2023	3.2483	-0.27%
21 July 2023	3.2290	-0.60%
24 July 2023	3.2344	+0.17%
25 July 2023	3.2448	+0.32%
26 July 2023	3.2362	-0.26%
27 July 2023	3.2519	+0.48%
28 July 2023	3.2833	+0.97%
31 July 2023	3.2877	+0.13%

← June 2023 · 2023 in full · All MXN to PHP history · PHP to MXN in July 2023 · August 2023 →

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Common questions

What was the MXN to PHP rate in July 2023?

Over July 2023 the European Central Bank reference rate moved from 3.2297 PHP per MXN on 3 July 2023 to 3.2877 on 31 July 2023, a change of +1.79%. The average across 21 trading days was 3.2441.

When was MXN strongest against PHP in July 2023?

The highest reading was 3.2877 PHP on 31 July 2023; the lowest was 3.2117 on 13 July 2023.

Is this the rate I would have got?

No. These are reference rates published by the European Central Bank for information. PayerPay's indicative rate today is 3.4620 PHP per MXN; the exact rate for a transfer is confirmed in your order.

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 = 3.4620 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.