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