PHP/UAH: what to know
The PHP/UAH rate shows how much UAH you get for 1 PHP. Right now, 1 PHP buys 0.7092 UAH at the mid-market rate. In the other direction, 1 UAH is worth 1.4101 PHP.
In the short term PHP is driven mainly by overseas remittances and trade flows, while UAH responds to the economic situation and international support.
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. The Ukrainian Hryvnia (UAH) is issued by National Bank of Ukraine. The name “hryvnia” comes from a medieval silver weight unit used in Kievan Rus.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.