MXN to PHP Exchange Rate

🔄 Switch to PHP/MXN currency pair.

Live Rate: 3.4378 (-)
1 MXN = 3.4378 PHP · 1 PHP = 0.29089 MXN
Last updated: October 12, 2026
Today's Date: October 12, 2026


MXN/PHP Chart (Hourly)

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Base: MXN Second: PHP

MXN to PHP conversion table

MXN PHP PHP → MXN
1 MXN 3.4378 PHP 0.29089 MXN
5 MXN 17.1888 PHP 1.4544 MXN
10 MXN 34.3777 PHP 2.9089 MXN
25 MXN 85.9441 PHP 7.2722 MXN
50 MXN 171.888 PHP 14.5443 MXN
100 MXN 343.777 PHP 29.0887 MXN
500 MXN 1,718.88 PHP 145.443 MXN
1,000 MXN 3,437.77 PHP 290.887 MXN
5,000 MXN 17,188.83 PHP 1,454.43 MXN
10,000 MXN 34,377.65 PHP 2,908.87 MXN

MXN/PHP over the last 12 months

52-week range 3.0278 – 3.7103 (currently 60.1% of range)
Change, 30 days-6.89%
Change, 90 days-3.44%
Annualised volatility8.4%
50-day average 3.5963 (rate is below)
200-day average 3.4912 (rate is below)

What moves MXN/PHP?

Mexican Peso (MXN)

  • Banxico policy rate — the peso is a favoured carry-trade currency
  • US demand and nearshoring investment flows
  • Remittances from the United States

Philippine Peso (PHP)

  • Overseas worker remittances, a structural support for the peso
  • BSP policy rate and the inflation path
  • Oil imports, which widen the trade deficit when prices rise

About these currencies

Mexican Peso (Mex$)

Issuing authority
Banco de México (Banxico)
Exchange-rate regime
Free-floating
Minor unit
centavo (100)

Philippine Peso (₱)

Issuing authority
Bangko Sentral ng Pilipinas (BSP)
Exchange-rate regime
Floating, with BSP smoothing
Minor unit
sentimo (100)

Hong Kong hosts a large Filipino community, making HKD/PHP one of the highest-volume remittance corridors locally.

Convert MXN to PHP

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Exchange History