PHP to MXN — rate history
0.286140MXN
for 1 Philippine Peso on 29 September 2026 · records since 2 January 2008
8.05% over 2008–2026
Today: 1 PHP = 0.286087 MXN (PayerPay indicative rate, includes our margin)
All-time figures
| Measure | Rate | When |
|---|---|---|
| Opened | 0.264830 MXN | 2 January 2008 |
| Closed | 0.286140 MXN | 29 September 2026 |
| Highest | 0.495538 MXN | 6 April 2020 |
| Lowest | 0.221298 MXN | 26 August 2008 |
| Average | 0.334508 MXN | 4799 trading days |
| Change | +8.05% MXN | open to close |
Year by year
| Year | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| 2008 | 0.264830 | 0.291723 | 0.291723 | 0.221298 | +10.15% |
| 2009 | 0.293551 | 0.284516 | 0.318695 | 0.264639 | -3.08% |
| 2010 | 0.282396 | 0.283834 | 0.294733 | 0.270764 | +0.51% |
| 2011 | 0.281186 | 0.318060 | 0.323974 | 0.267147 | +13.11% |
| 2012 | 0.317814 | 0.317602 | 0.331932 | 0.293706 | -0.07% |
| 2013 | 0.312945 | 0.294883 | 0.315966 | 0.287485 | -5.77% |
| 2014 | 0.295404 | 0.328237 | 0.334090 | 0.289895 | +11.11% |
| 2015 | 0.330863 | 0.370880 | 0.370880 | 0.324316 | +12.09% |
| 2016 | 0.368441 | 0.416544 | 0.424630 | 0.364034 | +13.06% |
| 2017 | 0.419227 | 0.395705 | 0.440082 | 0.344090 | -5.61% |
| 2018 | 0.391695 | 0.374164 | 0.391695 | 0.343730 | -4.48% |
| 2019 | 0.373896 | 0.372938 | 0.386023 | 0.357793 | -0.26% |
| 2020 | 0.371989 | 0.412956 | 0.495538 | 0.366189 | +11.01% |
| 2021 | 0.411512 | 0.400668 | 0.442467 | 0.392080 | -2.64% |
| 2022 | 0.400095 | 0.351585 | 0.409255 | 0.333091 | -12.12% |
| 2023 | 0.349328 | 0.305519 | 0.349439 | 0.294556 | -12.54% |
| 2024 | 0.306468 | 0.357380 | 0.358005 | 0.284071 | +16.61% |
| 2025 | 0.358673 | 0.304883 | 0.365059 | 0.304631 | -15.00% |
| 2026 | 0.304855 | 0.286140 | 0.304855 | 0.269737 | -6.14% |
Sending money there?
We pay out in Mexican pesos
Transfers to Mexico 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 PHP to MXN rate on record here?
0.495538 MXN per PHP on 6 April 2020. The lowest was 0.221298 on 26 August 2008. Records run from 2 January 2008 to 29 September 2026, 4799 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 PHP = 0.286087 MXN, 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.
