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

🇵🇭 PHP to 🇹🇭 THB

Convert Philippine Peso to Thai Baht — mid-market exchange rate

1 PHP =

0.5295 THB

1 THB =

1.8885 PHP

Updated May 2026

PHP to THB Conversion Table

🇵🇭 PHP🇹🇭 THBDetails
100.00 PHP฿52.9512 THBFull breakdown →
1,000.00 PHP฿529.5121 THBFull breakdown →
10,000.00 PHP฿5,295.12 THBFull breakdown →

THB to PHP Conversion Table

🇹🇭 THB🇵🇭 PHP
฿100.00 THB188.8531 PHP
฿1,000.00 THB1,888.53 PHP
฿10,000.00 THB18,885.31 PHP

→ Full THB to PHP conversion page

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Understanding the PHP/THB Exchange Rate

The Philippine Peso to Thai Baht exchange rate currently stands at 1 PHP = 0.5295 THB, 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 THB, transfers from PHP to THB result in smaller numerical amounts. A ₱1,000 PHP payment converts to approximately ฿529.5121 THB. 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 THB Conversion?

This currency pair is commonly used by people moving between Philippines and Thailand — 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 THB?
1 Philippine Peso (PHP) equals 0.5295 Thai Baht (THB) at the mid-market rate as of May 2026.
How much is 1 THB in PHP?
1 Thai Baht (THB) equals 1.8885 Philippine Peso (PHP) at the mid-market rate as of May 2026.
What is the best way to convert PHP to THB?
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 THB?
Yes, 1 PHP buys less than 1 THB, meaning THB 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 THB if I earn PHP?
Start by converting your monthly income: for example, ₱1,000 PHP = ฿529.5121 THB. Then use our Cost of Living tool to check actual monthly expenses in Thailand. 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.