Compare the best Philippine peso buyback rates and exchange Philippine pesos to pounds
|You receive £20.88||Buyback rate 73.4525||Estimated postage £6.35||Sell Now|
|Travel FX ❯|
|You receive £20.86||Buyback rate 73.5033||Estimated postage £6.35||Sell Now|
|The Currency Club ❯|
|You receive £20.63||Buyback rate 74.1158||Estimated postage £6.35||Sell Now|
|You receive £20.45||Buyback rate 74.629||Estimated postage £6.35||Sell Now|
|Currency Online Group ❯|
|You receive £19.47||Buyback rate 77.445||Estimated postage £6.35||Sell Now|
|You receive £18.55||Buyback rate 80.3089||Estimated postage £6.35||Sell Now|
|Manor FX ❯|
It's easy to sell your leftover Philippine pesos online. Use our Philippine peso buyback comparisons to find the best deal, then follow the link to the buyer's website to place your order online and lock-in your buyback rate. You'll need to decide whether to post your Philippine pesos to the buyer, or try searching for a store near you so you can exchange your Philippine pesos in person.
Securely package your Philippine pesos and post it to the buyer using Royal Mail Special Delivery which is fully tracked and insured. Once the buyer has received your package they'll pay you by bank transfer within one working day.
Use our store finder to search for your nearest currency exchange, then simply take your Philippine pesos to the store to sell over the counter. You'll save on postage fees, but availability varies by location and you'll have fewer deals to choose from compared to selling by post.
Travel FX are offering the best Philippine peso buyback rate right now at 73.4525. At this rate, 1 Philippine peso is worth £0.01. You'll need to place your order online to get this rate which is based on a comparison of 6 foreign exchange companies and assumes you were selling 2000 Philippine pesos by post.
It can be difficult to exchange leftover Philippine peso coins. Banks and foreign exchange companies don't generally accept coins because they're expensive to process and transport, so your options for exchanging any leftover shrapnel back into pounds can be limited:
Over the past 30 days, the Philippine peso buyback rate has risen 0.55% from 73.4525 on 31 Oct to 73.8565 today. This means Philippine pesos can be exchanged for more pounds today compared to a month ago. Right now, ₱2000 is worth approximately £27.08 which is £0.15 more than you'd have got on 31 Oct.
These are the average Philippine peso buyback rates taken from our panel of UK travel money providers at the end of each day. You can explore this further on our Philippine peso to British pound currency chart.
No, you'll get more for your Philippine pesos if you sell when the Philippine peso buyback rate is low. This is due to a quirk of how British currency providers display their buyback exchange rates.
When you buy Philippine pesos, the exchange rate you get is the amount of Philippine pesos you'll receive for every pound that you spend, so for example a rate of 73.4525 means you'd get ₱73.4525 for each £1 that you spend. You can calculate the total amount of Philippine pesos you'd receive for a given amount of sterling by simply multiplying the sterling amount by the exchange rate.
When it comes to selling Philippine pesos, the buyback rate is expressed in terms of how many Philippine pesos you'd need to sell in order to get £1, so a buyback rate of 73.4525 means you'd need to sell ₱73.4525 to get £1. To calculate the sterling value of a given amount of Philippine pesos, you need to divide the Philippine peso amount by the buyback rate. Since you're dividing by the buyback rate, a lower buyback rate means you'd get more sterling compared to a higher buyback rate.
One Philippine peso (₱) can be subdivded into 100 centavos (¢). There are five denominations of Philippine peso banknotes in frequent circulation: ₱20, ₱50, ₱100, ₱500 and ₱1000; and four coin denominations: ₱1, ₱5, ₱10 and ₱20. Centavo coins in denominations of 1¢, 5¢ and 25¢ also exist but are rarely used due to their low value.
The current series of Philippine Peso banknotes in circulation is the 'New Generation Currency' series which was introduced by the Bangko Sentral ng Pilipinas in 2010. Each banknote in the New Generation series features prominent national heroes, iconic landmarks, and endemic fauna to the Philippines. For example, the ₱20 note showcases a portrait of Manuel L. Quezon, the first President of the Philippines, on the obverse side, and features the Banaue Rice Terraces, a UNESCO World Heritage Site, on the reverse side. The higher denominations feature previous Filipino presidents such as Emilio Aguinaldo, Apolinario Mabini, and Sergio Osmena, alongside landmarks including Mayon Volcano and the Tubbataha Reefs Natural Park.