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

🇵🇭 PHP to 🇲🇾 MYR

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

1 PHP =

0.0645 MYR

1 MYR =

15.5103 PHP

Updated May 2026

PHP to MYR Conversion Table

🇵🇭 PHP🇲🇾 MYRDetails
100.00 PHPRM6.4473 MYRFull breakdown →
1,000.00 PHPRM64.4733 MYRFull breakdown →
10,000.00 PHPRM644.733 MYRFull breakdown →

MYR to PHP Conversion Table

🇲🇾 MYR🇵🇭 PHP
RM100.00 MYR1,551.03 PHP
RM1,000.00 MYR15,510.30 PHP
RM10,000.00 MYR155,102.97 PHP

→ Full MYR to PHP conversion page

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Understanding the PHP/MYR Exchange Rate

The Philippine Peso to Malaysian Ringgit exchange rate currently stands at 1 PHP = 0.0645 MYR, 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 MYR, transfers from PHP to MYR result in smaller numerical amounts. A ₱1,000 PHP payment converts to approximately RM64.4733 MYR. 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 MYR Conversion?

This currency pair is commonly used by people moving between Philippines and Malaysia — 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 MYR?
1 Philippine Peso (PHP) equals 0.0645 Malaysian Ringgit (MYR) at the mid-market rate as of May 2026.
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.
What is the best way to convert PHP to MYR?
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 MYR?
Yes, 1 PHP buys less than 1 MYR, meaning MYR 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 MYR if I earn PHP?
Start by converting your monthly income: for example, ₱1,000 PHP = RM64.4733 MYR. Then use our Cost of Living tool to check actual monthly expenses in Malaysia. 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.