Philippine Peso (PHP) Latest Exchange Rate
Last Updated: 2025-11-17 23:46:42
Bank Spot Exchange Buy Rate Spot Cash Buy Rate Spot Exchange Sell Rate Spot Cash Sell Rate Mid Rate
Bank of China
11.9300 11.9300 12.1700 12.1700 12.0200
Industrial and Commercial Bank of China
12.4190 12.4190 13.3740 13.3740 --
Bank of Communications
-- 12.0100 -- 12.0900 --
Shanghai Pudong Development Bank
12.1200 11.9700 12.3600 -- 12.1700
Philippine Peso Reference Rate
Currency Reference Rate (100PHP/CNY)
PHP
PHP Philippine Peso
12.210583333333
Explanation of Exchange Rates

The exchange rate, also known as the foreign exchange rate, is the ratio or price at which one currency can be exchanged for another; or the price of one currency expressed in terms of another currency.

All exchange rates on this site are for 100 foreign currency units to RMB.

  • Spot Exchange Buy Rate: The price at which a bank buys foreign currency bills from customers.
  • Spot Cash Buy Rate: The price at which a bank directly buys foreign currency cash from customers. Cash can be withdrawn.
  • Spot Exchange and Cash Sell Rate: The price at which customers buy foreign currency and foreign currency cash from the bank.

Typically: Spot Cash Buy Rate < Spot Exchange Buy Rate < Spot Exchange Sell Rate ≤ Spot Cash Sell Rate