Convert PHP to KRW — live rate

Convert Philippine Pesos to South Korean Wons and compare the real cost of sending money.

PHP
KRW
1 PHP = 20.8969 KRW • Mid-market rate
Updated just now
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Historical PHP/KRW exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: PHP to KRW

1 PHP → 20.90 KRW
5 PHP → 104.48 KRW
10 PHP → 208.97 KRW
50 PHP → 1,044.85 KRW
100 PHP → 2,089.69 KRW
500 PHP → 10,448.45 KRW
1,000 PHP → 20,896.90 KRW
5,000 PHP → 104,484.50 KRW

Real cost of PHP → KRW

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 PHP
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

PHP — Philippine Peso
ISO Code PHP
Symbol ₱
Central Bank Central Bank of the Philippines
Common Notes ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000
Learn more about PHP
KRW — South Korean Won
ISO Code KRW
Symbol ₩
Central Bank The Bank of Korea
Common Notes ₩1000, ₩5000, ₩10000, ₩50000
Learn more about KRW

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.