UAH/PHP: what to know
The UAH/PHP rate shows how much PHP you get for 1 UAH. Right now, 1 UAH buys 1.4101 PHP at the mid-market rate. In the other direction, 1 PHP is worth 0.7092 UAH.
In the short term UAH is driven mainly by the economic situation and international support, while PHP responds to overseas remittances and trade flows.
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. 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.
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.