Thai Baht to Philippine Peso (THB/PHP) Exchange Rate Today
Sending moneyToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
Mid-market rate - no bank markup 200+ currencies Free
THB to PHP Conversion Table
Common amounts converted from Thai Baht to Philippine Peso at today's rate.
| Thai Baht (THB) | Philippine Peso (PHP) |
|---|---|
| 1 THB | — |
| 5 THB | — |
| 10 THB | — |
| 25 THB | — |
| 50 THB | — |
| 100 THB | — |
| 250 THB | — |
| 500 THB | — |
| 1,000 THB | — |
| 5,000 THB | — |
| 10,000 THB | — |
| 50,000 THB | — |
How much Philippine Peso will you actually receive?
Estimated cost to convert THB 1,000 to PHP with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | PHP received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Sending money? Compare THB to PHP providers
The THB/PHP corridor handles significant transfer volume. If you send money regularly between Thai Baht and Philippine Peso, even a small rate difference compounds over time. Use the provider table above to compare what you would actually receive after fees and markup.
THB/PHP rate statistics
Is today's THB/PHP rate good or bad?
We compare today's live Thai Baht to Philippine Peso mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, THB holders get more Philippine Peso per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The Philippine peso is heavily influenced by overseas remittance flows and BSP monetary policy. Remittance services compete aggressively on this corridor, so comparing providers can yield meaningful savings.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the THB/PHP exchange rate?
The THB/PHP rate tracks how many Philippine Peso one Thai Baht buys. The Thai baht is driven by tourism revenue (a significant share of GDP), export flows, and Bank of Thailand monetary policy.
THB is issued by the Bank of Thailand (BOT) (ranked 22nd globally - meaning it's the 22nd most bought and sold currency in the world). PHP is issued by the Bangko Sentral ng Pilipinas (BSP) (ranked 28th). Full THB profile | Full PHP profile
Thai Baht to Philippine Peso is commonly checked by tourists visiting Thailand and digital nomads based in Bangkok or Chiang Mai.
Is today's THB/PHP rate good or bad?
The Thai Baht to Philippine Peso mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 2-4% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. The THB/PHP corridor handles large remittance volumes, so specialist providers compete aggressively. Compare the final received amount across providers, not just the headline fee.
Converting Thai Baht to Philippine Peso? Read this first
Travelling to Thailand? ATMs are widely available but most Thai banks charge a 220 THB foreign-card fee per withdrawal. Using a card with no foreign transaction fees and choosing "without conversion" when prompted avoids the worst markups. Currency exchange booths in tourist areas like Khao San Road often offer worse rates than bank branches.
Watch out: Airport bureau de change counters routinely mark up THB/PHP by 8-12%. Withdrawing Philippine Peso from a local ATM or using a no-fee card is almost always cheaper. Always decline Dynamic Currency Conversion (DCC) when paying by card.
Frequently asked questions
Is now a good time to convert THB to PHP?
Timing currency conversions depends on your personal circumstances and risk tolerance rather than market predictions. The rate panel above shows the current THB/PHP exchange rate, which you can compare against historical levels using the chart to assess whether the pair is trading at levels relevant to your needs.
Consider factors like your cash flow requirements, the stability of your income, and how soon you need Philippine Pesos - these personal factors often matter more than trying to time the market. If you're sending money regularly, some people use a strategy of converting smaller amounts over time to average their costs rather than converting a large lump sum at once.
What moves the THB/PHP exchange rate?
The THB/PHP rate responds to interest rate decisions by the Bank of Thailand and the Bangko Sentral ng Pilipinas, as higher rates in one country tend to attract investment and strengthen that currency. Economic growth data, inflation reports, and trade balances between Thailand and the Philippines also influence the pair, since stronger economic fundamentals typically support currency appreciation.
Political stability, foreign investment flows, and commodity prices - particularly crude oil, which both countries import - play significant roles in daily rate movements. Tourism flows between the two countries and remittance patterns can create seasonal pressures on the baht and peso.
Will Thai Baht get stronger or weaker against Philippine Peso?
We don't make forecasts about currency direction, as exchange rates depend on countless variables that shift constantly. Instead, you can review the rate panel above to see the current THB/PHP level and use the historical chart to understand how this pair has behaved over different time periods.
Factors to watch include interest rate announcements from both central banks, inflation data releases from Thailand and the Philippines, and broader regional economic developments. Tracking these data points yourself will give you a better sense of the pressures acting on the pair than any single prediction could.
How can I avoid fees when converting THB to PHP?
Exchange fees vary widely depending on whether you use banks, online remittance platforms, or money transfer specialists, so comparing the total cost - not just the advertised rate - is essential. Banks in both Thailand and the Philippines typically charge explicit fees plus a margin on the exchange rate, while digital platforms often advertise lower fees but may embed costs in their quoted rate.
Look at the comparison table on this page to see different providers' rates and fees side by side, and calculate the actual Philippine Pesos you'll receive after all costs. Some accounts offer fee waivers for regular transfers or larger amounts, so it's worth asking your provider about volume discounts or loyalty benefits.
Should I exchange Philippine Peso at home or abroad?
The decision between exchanging in Thailand before you travel to the Philippines or exchanging in the Philippines itself depends on the rate differential, fees charged by each location, and your convenience. Exchange rates at airports and tourist areas in the Philippines are often less favorable than rates at banks or street money changers in city centers, so location within the Philippines matters significantly.
If you're moving money to the Philippines as a remittance rather than traveling, using a specialized remittance service or online platform typically offers better rates and lower costs than exchanging at either location. Compare the options available through the rate panel and provider comparison tools on this page to see which method delivers the most Philippine Pesos for your Thai Baht.
How far does Thai Baht go in the Philippines?
The purchasing power of Thai Baht in the Philippines depends on what you're buying and where - basic goods like food and local transport in provincial areas typically cost less than in Manila, while imported goods and international brands command similar prices to Thailand. Check the rate panel above to see how many Philippine Pesos one Thai Baht currently equals, then compare that against Philippine prices for items you plan to purchase.
Thailand and the Philippines have broadly similar cost-of-living levels in their major cities, though rural areas in both countries offer significantly lower prices than Bangkok or Metro Manila. Your baht will stretch further if you stay in provincial areas, eat at local restaurants, and use public transportation rather than taxis and hotels in tourist zones.
What is the cheapest way to send THB to PHP?
Digital remittance platforms and online money transfer services generally offer more competitive rates and lower fees than traditional banks for THB to PHP transfers, though you should compare specific providers on this page's comparison table. Bank transfers provide security and a paper trail but typically charge higher fees and apply wider margin markups on the exchange rate than specialized remittance companies.
Peer-to-peer platforms and informal channels may offer attractive rates but carry higher fraud risk and lack consumer protections, so most financial advisors suggest using regulated licensed providers. Check the rate panel and comparison tools above to calculate the total Philippine Pesos you'll receive from each provider after all fees and markups, then choose based on both cost and the provider's reputation and regulatory status.
Learn more
- Bank of Thailand - Exchange Rates - Official daily baht rates
- BSP - Exchange Rates - Bangko Sentral ng Pilipinas daily rates
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.