HKD/PHP: what to know
The HKD/PHP rate shows how much PHP you get for 1 HKD. Right now, 1 HKD buys 8.1450 PHP at the mid-market rate. In the other direction, 1 PHP is worth 0.1228 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while PHP responds to overseas remittances and trade flows.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. 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.