MXN / PHP
Mexican Peso to Philippine Peso exchange rate
1 MXN = 3.414298 PHP · 1 PHP = 0.292886 MXN · Updated 2026-10-17
Money transfer partners
Popular amounts
Purchasing Power Comparison
What your money buys in Mexican Peso vs Philippine Peso.
| Index | 🇲🇽 MXN | 🇵🇭 PHP |
|---|---|---|
| Big Mac Index | 85 | 175 |
| Latte Index | 75 | 180 |
| Taxi Ride Index | 60 | 75 |
| Coca-Cola Index | 22 | 35 |
| Movie Ticket Index | 85 | 280 |
| Gasoline Index | 24 | 65 |
About This Pair
Mexican Peso (MXN)
The Mexican Peso is one of the most traded emerging market currencies globally.
Philippine Peso (PHP)
The Philippine Peso serves one of Asia's fastest-growing economies.
Where these currencies are used
Mexican Peso (MXN)
Philippine Peso (PHP)
FAQ
What is the current MXN to PHP exchange rate?
1 Mexican Peso (MXN) equals approximately 3.414298 Philippine Peso (PHP) based on the latest available reference rate dated 2026-10-17. Rates are sourced from the European Central Bank and open APIs and refresh approximately every hour. Reference rates are for informational purposes only — not transaction quotes.
How do I convert Mexican Peso to Philippine Peso?
Multiply your MXN amount by 3.414298 to get the value in PHP. For example, 100 MXN = 341.43 PHP. You can also use the converter on this page or the interactive world map.
How much is 1 PHP in MXN?
1 PHP is approximately 0.292886 MXN at the latest available reference rate.
Is this the rate I'll get at a bank or exchange counter?
No. This is a reference (mid-market) rate sourced from the European Central Bank and open APIs. Banks, card networks, and exchange bureaus add a spread (typically 1–4%) plus fees, so the rate you actually transact at will differ. Use this page as a benchmark to spot a fair deal, not as a quote.
How does purchasing power compare between MXN and PHP?
FXMap compares 6 purchasing power indexes between MXN and PHP, including Big Mac Index, Latte Index, Taxi Ride Index. These show what your money actually buys beyond just the exchange rate.
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