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How Much Peso Does Your Money Convert To

Sending the exact money value in peso to the Philippines can be quite tricky. When sending thru a bank, while your money is "in-transit" it carries certain risk in currency conversion. The time when your transaction was actually processed in the receiving bank in the Philippines will determine your money's worth in Philippine Peso (Php). The same is true with online money transfers, although some service providers guarantee a certain amount of currency conversion. However, you must understand that it is lower than what the banks can actually offer.


To get real time currency conversion, there are online tools available.

Oanda Currency Tool

The Banko Central ng Pilipinas also publishes major currency equivalent of Php on a regular basis.

BSP Forex

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About this Site

This site aims to provide you with everything you need to know to send money to the Philippines. With about 10 million Pinoys living overseas, mostly to work, remittances to the Philippines remain to be the economy's main source of foreign fund. The World Bank estimated 17B USD in remittances by end of 2009, next only to India and China as the world's top recipient countries of remittances. I hope this site can provide a comprehensive guide and all the possible options for Filipinos living abroad and Foreigners living in the Philippines to provide for their families and loved ones in the most economical and convenient way.