Convert MYR to PHP — live rate

Convert Malaysian Ringgits to Philippine Pesos and compare the real cost of sending money.

MYR
PHP
1 MYR = 14.9624 PHP • Mid-market rate
Updated just now
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Historical MYR/PHP exchange rate

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

Quick reference: MYR to PHP

1 MYR → 14.96 PHP
5 MYR → 74.81 PHP
10 MYR → 149.62 PHP
50 MYR → 748.12 PHP
100 MYR → 1,496.24 PHP
500 MYR → 7,481.20 PHP
1,000 MYR → 14,962.40 PHP
5,000 MYR → 74,812.00 PHP

Real cost of MYR → PHP

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 MYR
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MYR — Malaysian Ringgit
ISO Code MYR
Symbol RM
Central Bank Bank Negara Malaysia
Common Notes RM1, RM5, RM10, RM50, RM100
Learn more about MYR
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

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