PHP/XPD: what to know
The PHP/XPD rate shows how much XPD you get for 1 PHP. Right now, 1 PHP buys 0.0000122440 XPD at the mid-market rate. In the other direction, 1 XPD is worth 81,672.43 PHP.
In the short term PHP is driven mainly by overseas remittances and trade flows, while XPD responds to auto demand and tight supply.
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. Palladium is used mainly in petrol-engine catalytic converters.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.