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Mexican peso to Philippine peso Exchange Rate History - XTransfer

Mexican peso to Philippine peso Historical Exchange Rates

Welcome to the MXN to PHP exchange rate history page. This page contains detailed daily historical exchange rates between MXN and PHP from 2025-3-8 to 2026-04-02, making it easy to look up and reference.

Amount
Result

1 MXN = 3.38363 PHP

12:30 Exchange Rate

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1 Mexican peso to Philippine peso Historical Exchange Rate Trends

1 MXN = -- PHP

12:30 Exchange Rate

MXN - PHP+0%
7D
1M
3M
Invalid DateInvalid Date

1 Mexican peso to Philippine peso Data Statistics

This section organizes the historical exchange rate data of 1 MXN to PHP, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
3.38363
3.38734
3.38734
3.42862
Low
3.37884
3.33462
3.30171
3.2853
Average
3.38124
3.36022
3.34899
3.3581

Past 7 days historical exchange rates

Below are the daily average exchange rates of MXN to PHP for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of PHP to MXN, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

MXN to PHP - Last 7 Days

MXNMXNPHPPHP
2026-04-02
3.38363
MXNMXNPHPPHP
2026-04-01
3.37884
MXNMXNPHPPHP
2026-03-31
3.35495
MXNMXNPHPPHP
2026-03-30
3.33462
MXNMXNPHPPHP
2026-03-29
3.33727
MXNMXNPHPPHP
2026-03-28
3.33727
MXNMXNPHPPHP
2026-03-27
3.38538

PHP to MXN - Last 7 Days

PHPPHPMXNMXN
2026-04-02
0.29554
PHPPHPMXNMXN
2026-04-01
0.29596
PHPPHPMXNMXN
2026-03-31
0.29807
PHPPHPMXNMXN
2026-03-30
0.29988
PHPPHPMXNMXN
2026-03-29
0.29965
PHPPHPMXNMXN
2026-03-28
0.29965
PHPPHPMXNMXN
2026-03-27
0.29539

MXNMXN - Mexican Peso

The Mexican Peso was officially launched in 1863 and is one of the most influential currencies in Latin America. The MXN is widely used in domestic and international trade and is an important pillar of Mexico's economic stability and growth.

  • Supporting unit:1 peso = 100 centavos
  • Denomination of banknotes:20, 50, 100, 200, 500, 1000 pesos
  • Reserve currency:No, but it holds a certain reserve position in the Latin American region.
  • Banknote material:Smaller denominations (such as 20 and 50) are made of polymer material, while the others are made of paper.
  • Metal composition:Aluminum bronze, stainless steel, bimetallic alloy
  • Currency symbol:$ or Mex$
  • Paper currency size:The size of 500 pesos is approximately 146mm × 65mm.
  • language:en
  • Main unit:1 Peso
  • ISO code:MXN
  • Currency name:Mexican Peso
  • Exchange Rate System:Freely floating exchange rate system
  • Central Bank:Bank of Mexico
  • Safe-haven currency:No, it is an emerging market currency with high volatility.
  • Coin denomination:5, 10, 20, 50 cents; 1, 2, 5, 10, 20 pesos
  • Countries of Use:Mexico is the only country where Spanish is officially used, and in some border areas, both the dollar and the peso are in circulation.
  • Cross-border payment:Fast cross-border remittances can be achieved through dedicated channels such as SWIFT and Directo a México, particularly with extensive support for transfers from the United States.

PHPPHP - Philippine Peso

The Philippine Peso has been in circulation since 1852 and has undergone several reforms. PHP is an important carrier of the Philippine economy and overseas remittances, promoting domestic consumption and investment.

  • Supporting unit:1 peso = 100 centavos
  • Denomination of banknotes:20, 50, 100, 200, 500, 1000 pesos
  • Reserve currency:No, the reserve currencies are primarily the US dollar and the euro.
  • Banknote material:Combination of paper and polymer, equipped with advanced anti-counterfeiting technology.
  • Metal composition:Copper-nickel alloy, stainless steel
  • Currency symbol:
  • Paper currency size:For example, 1000 pesos is approximately 160mm × 66mm.
  • language:en
  • Main unit:1 peso
  • ISO code:PHP
  • Currency name:Philippine Peso
  • Exchange Rate System:Freely floating exchange rate system
  • Central Bank:Bangko Sentral ng Pilipinas
  • Safe-haven currency:No, the fluctuations are significant and primarily depend on foreign exchange reserves and capital flow management.
  • Coin denomination:1, 5, and 10 pesos (smaller denominations gradually phased out)
  • Countries of Use:Philippines
  • Cross-border payment:The Philippine peso supports international remittances through the SWIFT network, mainly using the US dollar as an intermediary currency in trade with Southeast Asia and North America, resulting in high efficiency in cross-border settlements.

FAQ

Based on the historical patterns of Mexican peso to Philippine peso, is now a good time to exchange?

To judge the timing for exchanging Mexican peso to Philippine peso, one must compare current rates with the average over the past year or even five years. If the current Mexican peso rate is well above the historical average, it usually means MXN is in a strong period, making it a good window for settlement into PHP. Conversely, if Mexican peso is at a historical low, it is recommended for exporters to hold MXN in batches and avoid the troughs to minimize losses when converting to PHP.

What are the main reasons affecting the historical volatility of MXN to PHP recently?

The core factor affecting the historical volatility of Mexican peso to Philippine peso recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of MXN tends to increase, leading to a significant rise in its historical exchange rate against PHP. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for MXN, thereby intensifying the frequency of two-way volatility between Mexican peso and Philippine peso.

Has MXN experienced a sharp plunge against PHP before? How can I protect myself?

Historically, Mexican peso against Philippine peso has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Mexican peso exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of MXN to PHP within an acceptable trade cost range.

Is the current exchange rate of Mexican peso to Philippine peso considered a historical high or low?

To evaluate the current level of MXN to PHP, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Mexican peso is approaching a historical resistance level. If the current MXN price has broken through highs from years ago, it indicates that MXN is at an extreme high; exchanging Mexican peso to Philippine peso now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Mexican peso to Philippine peso?

AI predictions for MXN to PHP are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of MXN through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Mexican peso to Philippine peso should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.