/Send money/To Philippines/From Malaysia

How to send money from Malaysia to Philippines with the best MYR/PHP exchange rate

Compare and find the best ways to send money to the Philippines from Malaysia.

To make it easier, here are your best options:

  • Wise is the best way to send money from Malaysia to the Philippines

  • Wise is the cheapest way to send MYR to the Philippines

  • Xe is the fastest way to transfer MYR/PHP

Otherwise, keep reading to find more deals, expert information, and learn everything you need to know about MYR/PHPtransfers.

Transferring the other way? Send PHP from Philippines to Malaysia instead.
December 12th, 2025
31,525 MYR
PHP
Last updated: Today
Results below are based on a 31525 MYR search
Live mid-market rate*: 1 MYR = 14.422607 PHP
Promoted
Wise
Recipient gets (PHP)
₱451,130.31
Full transfer details
Visit Wise
₱10,098 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Promoted
Xe
Recipient gets (PHP)
₱450,555.30
Full transfer details
Visit Xe
₱9,523 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Sort by:
3 of 3 providers
1
Wise
Recipient gets (PHP)
₱451,130.31
Full transfer details
Visit Wise
₱10,098 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
2
Xe
Recipient gets (PHP)
₱450,555.30
Full transfer details
Visit Xe
₱9,523 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Only available via Mobile App
3
WorldRemit
Recipient gets (PHP)
₱450,056.74
Full transfer details
Visit WorldRemit
₱9,024 better than a typical bank*

"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
Mid-market rate updates every 60 minutes
Promoted
Wise
Recipient gets (PHP)
₱451,130.31
Full transfer details
Visit Wise
₱10,098 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Promoted
Xe
Recipient gets (PHP)
₱450,555.30
Full transfer details
Visit Xe
₱9,523 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
How effectively does your finance team manage international cash flow?

In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.

Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.

Interbank Rates

Latest MYR to PHP exchange rates

Exchange rates constantly change, so it’s very important to keep an eye on the current MYR/PHP mid-market rate.

This way, you will be able to get the most Philippine Pesos per Malaysian Ringgit.

Here are the latest MYR/PHP conversion rates for the most popular transfer amounts.

MYRPHP Price
1 MYR14.44
5 MYR72.22
10 MYR144.44
25 MYR361.11
50 MYR722.22
100 MYR1444.45
150 MYR2166.67
200 MYR2888.90
250 MYR3611.12
300 MYR4333.34
400 MYR5777.79
500 MYR7222.24
600 MYR8666.69
700 MYR10111.14
800 MYR11555.58
1000 MYR14444.48
1500 MYR21666.72
2000 MYR28888.96
2500 MYR36111.20
3000 MYR43333.44
4000 MYR57777.92
5000 MYR72222.40
10000 MYR144444.80
15000 MYR216667.20
20000 MYR288889.60
30000 MYR433334.40
40000 MYR577779.20
50000 MYR722224.00
100000 MYR1444448.00
PHPMYR Price
1 PHP0.07
5 PHP0.35
10 PHP0.69
25 PHP1.73
50 PHP3.46
100 PHP6.92
150 PHP10.38
200 PHP13.85
250 PHP17.31
300 PHP20.77
400 PHP27.69
500 PHP34.62
600 PHP41.54
700 PHP48.46
800 PHP55.38
1000 PHP69.23
1500 PHP103.85
2000 PHP138.46
2500 PHP173.08
3000 PHP207.69
4000 PHP276.92
5000 PHP346.16
10000 PHP692.31
15000 PHP1038.46
20000 PHP1384.62
30000 PHP2076.93
40000 PHP2769.24
50000 PHP3461.55
100000 PHP6923.10

*Based on the mid-market rates (also known as the interbank rates or the "real" exchange rates). The actual rate offered during the transfer may vary depending on the FX markup added by the money transfer companies.

Summary of recent searches

Top rated for transfers from Malaysia to Philippines
Wise
Total number of MY - PH providers
3
Average cheapest fees & rate
Wise
Average fastest transfer
Xe
Average transfer time
Within a week
Best for bank transfers
Wise

Everything you need to know about sending MYR to PHP

We’ve compared 3 money transfer companies for MYR/PHP transfers.

Wise is currently the cheapest and the best overall option. It offers the best MYR/PHP exchange rate (1 MYR = 14.4383 PHP) and the lowest fees of 279.61 MYR.

For a 31,525 MYR transfer, you will receive 451,130.31 PHP with Wise.

If you need money quickly, Xe is the fastest way to send Malaysian Ringgit to the the Philippines.

It will cost you 0 MYR, and PHP will arrive in minutes - 24 hours.

If you didn’t find what you were looking for or have any questions, send us a quick message using the chat below or to our email contact@moneytransfers.com.

Find the best MYR/PHP transfer rates

How to get the best exchange rate for your money transfers from Malaysia to Philippines?

Keeping an eye on the exchange rate is extremely important, a small change in the interbank rate can get you over 100s PHP more per transfer from Malaysia.

Mid-market Rate
1 
MYR
=
14.444480 
PHP

Our comparison above already shows you the best exchange rates on the market for sending money from Malaysia to Philippines.

To get an even better exchange rate, we recommend creating a free account on MoneyTransfers.com and saving this search, as well as setting up MYR/PHP .

This will let you quickly access this search in your dashboard, and you will receive email notifications when the rate changes.

Want to secure the best MYR-Philippine Peso exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to send your money from Malaysia to Philippines!

Our methodology

We’ve compared and analyzed 3 money transfer companies that support money transfers from Malaysia to the Philippines.

First of all, every single remittance provider on the list is regulated, legit, and safe to send money abroad.

When testing MYR/PHP transfer specialists, we went through unbiased editorial process and rated each company on a scale of 1-10 based on 7 different categories.

To ensure this page remains up to date, we use our first-party data from our comparison engine and merge it with the live data feeds and APIs from the remittance companies.

This page updates daily with the latest rates and fees.

If you want to know more about our methodology and standards, check these guides:

If you want to see the full money transfer companies list, check out our company reviews page.

Related transfer routes

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is the founder and CEO of MoneyTransfers.com, with over 10 years’ experience building consumer products across finance, insurance, and travel. A frequent traveler himself, Luke has hands-on experience testing payment and transfer services globally, giving him a unique perspective on the real-world challenges users face. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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