Convert PHP to MKD — live rate

Convert Philippine Pesos to Macedonian Denars and compare the real cost of sending money.

PHP
MKD
1 PHP = 0.8929 MKD • Mid-market rate
Updated just now
Compare transfers for PHP → MKD
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Historical PHP/MKD exchange rate

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

Quick reference: PHP to MKD

1 PHP → 0.89 MKD
5 PHP → 4.46 MKD
10 PHP → 8.93 MKD
50 PHP → 44.65 MKD
100 PHP → 89.29 MKD
500 PHP → 446.45 MKD
1,000 PHP → 892.91 MKD
5,000 PHP → 4,464.54 MKD

Real cost of PHP → MKD

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
MKD — Macedonian Denar
ISO Code MKD
Symbol ден
Central Bank National Bank of the Republic of Macedonia
Common Notes ден10, ден50, ден100, ден500, ден1000, ден5000
Learn more about MKD

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