Frankfurter API (ECB & central bank mid-market rates) · May 2026

🇲🇾 MYR to 🇵🇭 PHP

Convert Malaysian Ringgit to Philippine Peso — mid-market exchange rate

1 MYR =

15.5103 PHP

1 PHP =

0.0645 MYR

Updated May 2026

MYR to PHP Conversion Table

🇲🇾 MYR🇵🇭 PHPDetails
RM100.00 MYR₱1,551.03 PHPFull breakdown →
RM1,000.00 MYR₱15,510.30 PHPFull breakdown →
RM10,000.00 MYR₱155,102.97 PHPFull breakdown →

PHP to MYR Conversion Table

🇵🇭 PHP🇲🇾 MYR
₱100.00 PHPRM6.4473 MYR
₱1,000.00 PHPRM64.4733 MYR
₱10,000.00 PHPRM644.733 MYR

→ Full PHP to MYR conversion page

Convert Specific Amounts

RM100 MYRRM1,000 MYRRM10,000 MYR

Related Currency Pairs

🇵🇭 PHP → 🇲🇾 MYR

1 PHP = 0.0645

🇲🇾 MYR → 🇺🇸 USD

1 MYR = 0.2521

🇲🇾 MYR → 🇪🇺 EUR

1 MYR = 0.2163

🇲🇾 MYR → 🇬🇧 GBP

1 MYR = 0.1875

🇲🇾 MYR → 🇯🇵 JPY

1 MYR = 40

🇲🇾 MYR → 🇨🇦 CAD

1 MYR = 0.3479

🇲🇾 MYR → 🇦🇺 AUD

1 MYR = 0.3525

🇲🇾 MYR → 🇨🇭 CHF

1 MYR = 0.1976

🇵🇭 PHP → 🇺🇸 USD

1 PHP = 0.0163

🇵🇭 PHP → 🇪🇺 EUR

1 PHP = 0.0139

🇵🇭 PHP → 🇬🇧 GBP

1 PHP = 0.0121

🇵🇭 PHP → 🇯🇵 JPY

1 PHP = 3

Understanding the MYR/PHP Exchange Rate

The Malaysian Ringgit to Philippine Peso exchange rate currently stands at 1 MYR = 15.5103 PHP, based on mid-market rates sourced from Frankfurter API (ECB & central bank mid-market rates) as of May 2026. The mid-market rate represents the midpoint between the buy and sell prices on global currency markets — it's the fairest rate available and the one used by financial professionals. When you actually exchange money through a bank or currency service, expect the rate to include a markup of 0.3% to 5% depending on the provider.

Practical Implications for International Payments

At this exchange rate, a RM1,000 MYR transfer would yield approximately ₱15,510.30 PHP. For regular payments like rent, tuition, or freelance invoices, the total conversion cost (rate markup + transfer fees) typically ranges from 0.5% to 4% of the amount, depending on your provider. For recurring international payments, services like Wise (formerly TransferWise) and Revolut typically offer rates within 0.3–0.7% of the mid-market rate, while traditional banks may charge 1.5–4% markups.

Who Needs MYR to PHP Conversion?

This currency pair is commonly used by people moving between Malaysia and Philippines — including expatriates sending money home, freelancers invoicing international clients, students paying overseas tuition, and travelers budgeting for trips. For cost-of-living comparisons that account for local purchasing power (not just exchange rates), see our Cost of Living by Country tool.

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Frequently Asked Questions

How much is 1 MYR in PHP?▼
1 Malaysian Ringgit (MYR) equals 15.5103 Philippine Peso (PHP) at the mid-market rate as of May 2026.
How much is 1 PHP in MYR?▼
1 Philippine Peso (PHP) equals 0.0645 Malaysian Ringgit (MYR) at the mid-market rate as of May 2026.
What is the best way to convert MYR to PHP?▼
For the best rates, use services like Wise (TransferWise) or Revolut which offer near mid-market rates with low transparent fees. Traditional banks typically add 1-3% markup to the exchange rate. Always compare the total cost (rate + fees) rather than just the quoted exchange rate.
Is MYR stronger than PHP?▼
1 MYR equals 15.5103 PHP. However, a higher exchange rate doesn't mean more purchasing power — use our Cost of Living Comparison to compare real spending power between countries.
How do I budget in PHP if I earn MYR?▼
Start by converting your monthly income: for example, RM1,000 MYR = ₱15,510.30 PHP. Then use our Cost of Living tool to check actual monthly expenses in Philippines. Remember that exchange rates fluctuate, so budget 5-10% buffer.

Rates from Frankfurter API (ECB & central bank mid-market rates) (May 2026). Mid-market indicative rates — actual rates may vary. Not financial advice.