AED/PHP: what to know
The AED/PHP rate shows how much PHP you get for 1 AED. Right now, 1 AED buys 17.3989 PHP at the mid-market rate. In the other direction, 1 PHP is worth 0.0575 AED.
In the short term AED is driven mainly by its peg to the US dollar, while PHP responds to overseas remittances and trade flows.
The UAE Dirham (AED) is issued by Central Bank of the UAE. The dirham is pegged to the US dollar. The Philippine Peso (PHP) is issued by Bangko Sentral ng Pilipinas. The Philippines is the only Asian country with a currency called the “peso” — a legacy of Spanish rule.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.