What is the current PHP to MAD exchange rate?

The current mid-market exchange rate is 1 PHP = 0.1588 MAD. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best PHP to MAD rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert PHP to MAD?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the PHP/MAD rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert PHP to MAD — live rate

Convert Philippine Pesos to Moroccan Dirhams and compare the real cost of sending money.

You send

PHP

They receive

MAD

1 PHP = 0.1588 MAD • Mid-market rate

Updated just now

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Historical PHP/MAD exchange rate

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

Quick reference: PHP to MAD

1 PHP → 0.16 MAD

5 PHP → 0.79 MAD

10 PHP → 1.59 MAD

50 PHP → 7.94 MAD

100 PHP → 15.88 MAD

500 PHP → 79.40 MAD

1,000 PHP → 158.80 MAD

5,000 PHP → 793.97 MAD

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

MAD — Moroccan Dirham

ISO Code MAD

Central Bank Bank Al-Maghrib

Common Notes 20, 50, 100, 200

Learn more about MAD

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

Convert PHP to MAD — live rate

Historical PHP/MAD exchange rate

Quick reference: PHP to MAD

Real cost of PHP → MAD

Estimated savings

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Currency snapshots