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The Australian dollar to Philippine peso exchange rate is a crucial factor to consider when traveling to the Philippines or sending money to loved ones there. The exchange rate can fluctuate frequently, so it's essential to stay updated.
In 2022, the average exchange rate was around 1 AUD = 45 PHP, but it's not uncommon for the rate to vary by up to 5 PHP within a single day. This means that the actual exchange rate you get may differ from the average.
If you're planning a trip to the Philippines, it's a good idea to check the current exchange rate before you go, so you can budget accordingly.
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Exchange Rates
If you're looking to transfer Australian dollars to Philippine pesos, you'll want to get the best exchange rates possible. There are providers that offer great exchange rates on transfers to the Philippines.
One such provider has a live rate that's competitive and safe. They also offer cheap transfers and bank-beating exchange rates.
You can easily check rates and fees on their app, which is convenient for busy people. Joining over 35 million customers globally is a testament to their reputation.
Here are some key benefits to consider:
- Cheap transfers
- Bank-beating exchange rates
- Safe and reliable
Understanding the Peso
The Philippine Peso is the official currency of the Philippines, introduced in 1852. It's subdivided into 100 centavos and regulated by the Bangko Sentral ng Pilipinas.
The symbol for the Peso is ₱, which you'll see used in currency exchange rates and everyday transactions. It's a widely recognized symbol, making it easy to understand and use.
The Philippine Peso has seen fluctuations in value, with a notable decrease against the Australian dollar in the past month. This means that 100 Australian dollars is now equivalent to 3672.11 Philippine pesos, compared to 3794.8 pesos a month ago.
About the Peso
The Philippine Peso is the official currency of the Philippines, introduced in 1852. It's used by millions of people every day.
The Peso is subdivided into 100 centavos, which is a pretty standard unit of measurement for currency. This means you can break down a Peso into smaller units if needed.
The Bangko Sentral ng Pilipinas regulates the Peso, which helps keep its value stable. It's like having a referee in a game, making sure everything runs smoothly.
The symbol for the Peso is ₱, a unique mark that's instantly recognizable.
Peso Strength
The Philippine Peso is getting stronger against some currencies.
Compared to a month ago, the peso has seen a significant decrease in value against the Australian dollar, with a 3.23% drop in value over the past month.
100 Australian dollars is now equivalent to 3672.11 Philippine pesos, a decrease of ₱122.69 from a month ago.
This means that if you were to exchange 100 Australian dollars for Philippine pesos a month ago, you would have gotten ₱3794.8, but now you would get ₱3672.11.
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Frequently Asked Questions
What is the highest AUD to PHP?
The highest AUD to PHP exchange rate was 39.6291 PHP per AUD on July 13, 2024. This rate is a significant milestone in the history of the AUD to PHP exchange rate.
How much is $1 AUD in Filipino?
As of current exchange rates, $1 AUD is equivalent to approximately 36.04 PHP. Please note that exchange rates may fluctuate and fees may apply.
What is the best exchange rate for AUD to PHP today?
The current best exchange rate for Australian Dollars (AUD) to Philippine Pesos (PHP) is 1 AUD = 34.91 PHP. Check today's exchange rates for the most up-to-date information.
Sources
- https://www.finder.com.au/international-money-transfers/currency-exchange-rates/aud-php-exchange-rate
- https://wise.com/us/currency-converter/aud-to-php-rate
- https://www.exchange-rates.org/exchange-rate-history/aud-php
- https://www.transfergo.com/currency-converter/aud-to-php
- https://www.investing.com/currencies/aud-php-converter
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