Thai Baht to Philippine Peso — THB to PHP
THB to PHP Converter
THB/PHP Rate — Last 30 Days
THB edged up 0.83% this week — modest gains, no strong directional signal.
The 7-day average rate is above the 30-day average — recent momentum favors THB strengthening vs PHP. Uptrends can persist, but watch for a mean-reversion pullback.
The rate is at its highest point in 30 days. Strong bullish momentum — THB buyers are in control. At highs, watch for resistance and potential reversal.
RSI of 92 means THB has risen fast relative to PHP and may be overextended. RSI above 70 often precedes a pullback or consolidation — not a sell signal on its own, but a caution flag. Works best combined with other signals.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 1.8883 | 1.8697 | 1.8829 |
| 30 days | 1.8983 | 1.8262 | 1.8577 |
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Set a target rate — we email you when THB/PHP hits it. Checked every 15 minutes.
Historical THB/PHP Rates by Year
What drives the THB/PHP rate?
Whether you're converting THB for travel, business, or investment, here's what drives the THB to PHP exchange rate. The THB/PHP exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best THB to PHP rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 THB exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.