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350 Philippine peso to South Korean won Exchange Rate History - XTransfer

350 Philippine peso to South Korean won Historical Exchange Rates

Welcome to the PHP to KRW exchange rate history page. This page contains detailed daily historical exchange rates between PHP and KRW from 2025-3-8 to 2026-05-16, making it easy to look up and reference.

Amount
Result

1 PHP = 24.3257 KRW

05:30 Exchange Rate

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1 Philippine peso to South Korean won Historical Exchange Rate Trends

1 PHP = -- KRW

05:30 Exchange Rate

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

1 Philippine peso to South Korean won Data Statistics

This section organizes the historical exchange rate data of 1 PHP to KRW, 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
24.3257
24.3257
24.7116
25.3316
Low
24.3257
23.7203
23.7203
23.7203
Average
24.3257
24.104
24.2518
24.7361

Past 7 days historical exchange rates

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

PHP to KRW - Last 7 Days

PHPPHPKRWKRW
2026-05-16
24.3257
PHPPHPKRWKRW
2026-05-15
24.3067
PHPPHPKRWKRW
2026-05-14
24.2712
PHPPHPKRWKRW
2026-05-13
24.2334
PHPPHPKRWKRW
2026-05-12
24.2947
PHPPHPKRWKRW
2026-05-11
24.1248
PHPPHPKRWKRW
2026-05-10
24.2292

KRW to PHP - Last 7 Days

KRWKRWPHPPHP
2026-05-16
0.0411
KRWKRWPHPPHP
2026-05-15
0.0411
KRWKRWPHPPHP
2026-05-14
0.0412
KRWKRWPHPPHP
2026-05-13
0.0413
KRWKRWPHPPHP
2026-05-12
0.0412
KRWKRWPHPPHP
2026-05-11
0.0415
KRWKRWPHPPHP
2026-05-10
0.0413

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.

KRWKRW - won

The won was introduced in 1945 to accompany the economic development of the South after the division of the Korean Peninsula. As the currency of a global technology and manufacturing powerhouse, the won has a high degree of international competitiveness, reflecting the rapid modernization of the Korean economy.

  • Supporting unit:No actual circulating auxiliary currency.
  • Denomination of banknotes:1000, 5000, 10000, 50000 yuan
  • Reserve currency:Yes, it is one of the major reserve currencies in Asia.
  • Banknote material:Paper with watermark and multiple anti-counterfeiting designs
  • Metal composition:Copper-nickel alloys, stainless steel, etc.
  • Currency symbol:
  • Paper currency size:For example, 50,000 yuan is approximately 154mm × 68mm.
  • language:en
  • Main unit:1 Won
  • ISO code:KRW
  • Currency name:South Korean Won
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Korea
  • Safe-haven currency:No, it fluctuates significantly but remains relatively stable.
  • Coin denomination:1, 5, 10, 50, 100, 500 yuan
  • Countries of Use:South Korea is the only country where it is officially used.
  • Cross-border payment:International remittances are supported through the SWIFT network, and the South Korean won is widely used in Asian trade, often paired with the US dollar and euro for international payments.

FAQ

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

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

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

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

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

Historically, Philippine peso against South Korean won has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Philippine 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 PHP to KRW within an acceptable trade cost range.

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

To evaluate the current level of PHP to KRW, 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 Philippine peso is approaching a historical resistance level. If the current PHP price has broken through highs from years ago, it indicates that PHP is at an extreme high; exchanging Philippine peso to South Korean won now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Philippine peso to South Korean won?

AI predictions for PHP to KRW are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of PHP through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Philippine peso to South Korean won 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.