MXN to PHP — 2024
2.7981PHP
for 1 Mexican Peso on 31 December 2024 · opened the year at 3.2630
14.25% over 2024
Today: 1 MXN = 3.4620 PHP (PayerPay indicative rate, includes our margin)
2024 at a glance
| Measure | Rate | When |
|---|---|---|
| Opened | 3.2630 PHP | 2 January 2024 |
| Closed | 2.7981 PHP | 31 December 2024 |
| Highest | 3.5202 PHP | 21 May 2024 |
| Lowest | 2.7933 PHP | 5 September 2024 |
| Average | 3.1422 PHP | 256 trading days |
| Change | -14.25% PHP | open to close |
Month by month
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| January | 3.2630 | 3.2840 | 3.3227 | 3.2341 | +0.65% |
| February | 3.2571 | 3.2902 | 3.2956 | 3.2571 | +1.02% |
| March | 3.2960 | 3.3931 | 3.3931 | 3.2877 | +2.95% |
| April | 3.3899 | 3.3992 | 3.4634 | 3.3207 | +0.28% |
| May | 3.4013 | 3.4495 | 3.5202 | 3.3716 | +1.42% |
| June | 3.3473 | 3.1975 | 3.3473 | 3.1120 | -4.48% |
| July | 3.1928 | 3.1093 | 3.2942 | 3.1093 | -2.61% |
| August | 3.1466 | 2.8637 | 3.1466 | 2.8493 | -8.99% |
| September | 2.8726 | 2.8539 | 2.9184 | 2.7933 | -0.65% |
| October | 2.8514 | 2.9054 | 2.9839 | 2.8514 | +1.90% |
| November | 2.9241 | 2.8759 | 2.9500 | 2.8320 | -1.65% |
| December | 2.8631 | 2.7981 | 2.9319 | 2.7981 | -2.27% |
← 2023 · All MXN to PHP history · PHP to MXN in 2024 · 2025 →
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Common questions
How did MXN to PHP change in 2024?
From 3.2630 PHP per MXN on 2 January 2024 to 2.7981 on 31 December 2024: -14.25% over the year, with an average of 3.1422 across 256 trading days.
What were the high and low of MXN to PHP in 2024?
High: 3.5202 on 21 May 2024. Low: 2.7933 on 5 September 2024.
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.
