Compare today's PHP to KRW (Philippine Peso to South Korean Won) exchange rates
📈 Philippines to South Korea Money Transfer Snapshot Today
- Best PHP to KRW exchange rate today: KRW 22.5780, offered by Wise
- Number of money transfer providers compared: 1
- Number of deals and promo codes: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real PHP to KRW exchange rate before providers add their margin or fees. exchange rate: 1 PHP = KRW 24.7463 (Updated about an hour ago)
See detailed Philippines to South Korea money transfer comparison below.
Money Transfer Providers that matched the search criteria
1000 PHP =
22 578.00 KRW
Transfer Limit (PHP): 1 - 1000000
Locked-In Rate1 PHP = 22.5780 KRW
Money Transfer Providers that did not match the search criteria
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's PHP-KRW exchange rates mean for you
Compare today's PHP-KRW exchange rates and send money from Philippines to South Korea after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 1 provider that you can rely on for Philippines to South Korea money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Philippines to South Korea Providers
🥇 Wise with 1 PHP = 22.5780 KRW (best PHP to KRW exchange rate today).
PHP-KRW exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final KRW payout that your recipient gets in South Korea.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Philippines to South Korea remittances.
🔄 Looking for the reverse corridor? Send money from South Korea to Philippines instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Philippines.
Latest PHP to KRW Conversion Rates
Here are some latest PHP to KRW (Philippine Peso to South Korean Won) exchange rates for popular conversion amounts*.
| 1 PHP | 24.75 KRW |
| 5 PHP | 123.73 KRW |
| 10 PHP | 247.46 KRW |
| 25 PHP | 618.66 KRW |
| 50 PHP | 1,237.32 KRW |
| 100 PHP | 2,474.63 KRW |
| 150 PHP | 3,711.95 KRW |
| 200 PHP | 4,949.26 KRW |
| 250 PHP | 6,186.58 KRW |
| 300 PHP | 7,423.89 KRW |
| 400 PHP | 9,898.52 KRW |
| 500 PHP | 12,373.15 KRW |
| 600 PHP | 14,847.78 KRW |
| 700 PHP | 17,322.41 KRW |
| 800 PHP | 19,797.04 KRW |
| 1000 PHP | 24,746.30 KRW |
| 1500 PHP | 37,119.45 KRW |
| 2000 PHP | 49,492.60 KRW |
| 2500 PHP | 61,865.75 KRW |
| 3000 PHP | 74,238.90 KRW |
| 4000 PHP | 98,985.20 KRW |
| 5000 PHP | 123,731.50 KRW |
| 10000 PHP | 247,463.00 KRW |
| 15000 PHP | 371,194.50 KRW |
| 20000 PHP | 494,926.00 KRW |
| 30000 PHP | 742,389.00 KRW |
| 40000 PHP | 989,852.00 KRW |
| 50000 PHP | 1,237,315.00 KRW |
| 100000 PHP | 2,474,630.00 KRW |
*Based on the Mid-market Exchange Rate
What's the best way to send money from Philippines to South Korea?
Sending money internationally to South Korea from Philippines can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Philippine Peso to KRW remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to South Korea. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in South Korean Won.
How to get the best remit rate for transferring money from Philippines to South Korea?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to South Korea from Philippines. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your PHP to South Korean Won money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Philippines to South Korea corridor to give you more good choices for your next KRW money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money to South Korea from Philippines?
When you want to send money to South Korea from Philippines, you obviously want the cheapest possible option to maximize the money your recipient gets in South Korean Won. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your PHP to KRW money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Philippines to South Korea. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Philippines to South Korea exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send South Korean Won overseas.
Should I use my bank to transfer money from Philippines to South Korea?
We do not recommend using your local bank in Philippines for your next PHP to KRW overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Philippines to South Korea (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending KRW to South Korea. These companies will let you use your local bank account in Philippines to pay for your South Korea money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
What is the fastest way to do a money transfer to South Korea from Philippines?
The speed of your Philippine Peso to South Korean Won funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert PHP to KRW. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to South Korea from Philippines is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in South Korea if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout KRW into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Philippines bank to South Korea bank transfer.
Which are the best money transfer companies to send money from Philippines to South Korea?
The first step in selecting the best money transfer operators for Philippines to South Korea remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Philippine Peso to South Korean Won money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to South Korea.
Step by step guide to do a money transfer from Philippines to South Korea
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Philippines to South Korea, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Philippines to South Korea that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in South Korea where they can receive monies in South Korean Won.
- Then, provide details of your Philippines bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.