PHP to MXN — 2008

0.291723MXN

for 1 Philippine Peso on 31 December 2008 · opened the year at 0.264830

10.15% over 2008

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

Today: 1 PHP = 0.286118 MXN (PayerPay indicative rate, includes our margin)

2008 at a glance

1 PHP in MXN
Measure	Rate	When
Opened	0.264830 MXN	2 January 2008
Closed	0.291723 MXN	31 December 2008
Highest	0.291723 MXN	31 December 2008
Lowest	0.221298 MXN	26 August 2008
Average	0.250718 MXN	256 trading days
Change	+10.15% MXN	open to close

Month by month

PHP to MXN, 2008▲ 10.15%

1 PHP in MXN, month by month, 2008
Month	Open	Close	High	Low	Change
January	0.264830	0.267480	0.269662	0.264830	+1.00%
February	0.267806	0.265503	0.267806	0.262212	-0.86%
March	0.263941	0.257145	0.265212	0.255631	-2.57%
April	0.256525	0.249348	0.256525	0.247179	-2.80%
May	0.248471	0.236059	0.248471	0.235142	-5.00%
June	0.238377	0.229018	0.238377	0.229018	-3.93%
July	0.229333	0.226959	0.230588	0.225762	-1.03%
August	0.226578	0.222993	0.228822	0.221298	-1.58%
September	0.222599	0.233471	0.233471	0.222599	+4.88%
October	0.230952	0.260002	0.291650	0.230952	+12.58%
November	0.263200	0.271742	0.280802	0.260811	+3.25%
December	0.279657	0.291723	0.291723	0.274376	+4.31%

All PHP to MXN history · MXN to PHP in 2008 · 2009 →

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.

Routes to Mexico

Common questions

How did PHP to MXN change in 2008?

From 0.264830 MXN per PHP on 2 January 2008 to 0.291723 on 31 December 2008: +10.15% over the year, with an average of 0.250718 across 256 trading days.

What were the high and low of PHP to MXN in 2008?

High: 0.291723 on 31 December 2008. Low: 0.221298 on 26 August 2008.

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 = 0.286118 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.