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

🇵🇭 PHP to 🇲🇽 MXN

Convert Philippine Peso to Mexican Peso — mid-market exchange rate

1 PHP =

0.282 MXN

1 MXN =

3.5467 PHP

Updated May 2026

PHP to MXN Conversion Table

🇵🇭 PHP🇲🇽 MXNDetails
₱100.00 PHP$28.1953 MXNFull breakdown →
₱1,000.00 PHP$281.9531 MXNFull breakdown →
₱10,000.00 PHP$2,819.53 MXNFull breakdown →

MXN to PHP Conversion Table

🇲🇽 MXN🇵🇭 PHP
$100.00 MXN₱354.669 PHP
$1,000.00 MXN₱3,546.69 PHP
$10,000.00 MXN₱35,466.90 PHP

→ Full MXN to PHP conversion page

Convert Specific Amounts

₱100 PHP₱1,000 PHP₱10,000 PHP

Related Currency Pairs

🇲🇽 MXN → 🇵🇭 PHP

1 MXN = 3.5467

🇵🇭 PHP → 🇺🇸 USD

1 PHP = 0.0163

🇵🇭 PHP → 🇪🇺 EUR

1 PHP = 0.0139

🇵🇭 PHP → 🇬🇧 GBP

1 PHP = 0.0121

🇵🇭 PHP → 🇯🇵 JPY

1 PHP = 3

🇵🇭 PHP → 🇨🇦 CAD

1 PHP = 0.0224

🇵🇭 PHP → 🇦🇺 AUD

1 PHP = 0.0227

🇵🇭 PHP → 🇨🇭 CHF

1 PHP = 0.0127

🇲🇽 MXN → 🇺🇸 USD

1 MXN = 0.0576

🇲🇽 MXN → 🇪🇺 EUR

1 MXN = 0.0495

🇲🇽 MXN → 🇬🇧 GBP

1 MXN = 0.0429

🇲🇽 MXN → 🇯🇵 JPY

1 MXN = 9

Understanding the PHP/MXN Exchange Rate

The Philippine Peso to Mexican Peso exchange rate currently stands at 1 PHP = 0.282 MXN, 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

Since 1 PHP is worth less than 1 MXN, transfers from PHP to MXN result in smaller numerical amounts. A ₱1,000 PHP payment converts to approximately $281.9531 MXN. 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 PHP to MXN Conversion?

This currency pair is commonly used by people moving between Philippines and Mexico — 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 PHP in MXN?▼
1 Philippine Peso (PHP) equals 0.282 Mexican Peso (MXN) at the mid-market rate as of May 2026.
How much is 1 MXN in PHP?▼
1 Mexican Peso (MXN) equals 3.5467 Philippine Peso (PHP) at the mid-market rate as of May 2026.
What is the best way to convert PHP to MXN?▼
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 PHP stronger than MXN?▼
Yes, 1 PHP buys less than 1 MXN, meaning MXN has a higher unit value. However, currency "strength" depends on purchasing power, not unit value — check our Cost of Living Comparison for real spending power.
How do I budget in MXN if I earn PHP?▼
Start by converting your monthly income: for example, ₱1,000 PHP = $281.9531 MXN. Then use our Cost of Living tool to check actual monthly expenses in Mexico. 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.