Convert 1 PHP to NZD

1 Philippine Peso = 0.0274 New Zealand Dollars
today's official exchange rate from the European Central Bank.

1 PHP = 0.0274 NZD
1 PHP = 0.0274 NZD
Source: European Central Bank ยท Rate date: 2026-05-15

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90-Day Philippine Peso to New Zealand Dollar History

Daily ECB reference rates over the last 90 days. Updates skip weekends and ECB holidays.

Common Philippine Peso to New Zealand Dollar amounts

PHP NZD
1 PHP 0.0274 NZD
5 PHP 0.137 NZD
10 PHP 0.274 NZD
25 PHP 0.685 NZD
50 PHP 1.37 NZD
100 PHP 2.74 NZD
500 PHP 13.7 NZD
1,000 PHP 27.4 NZD
5,000 PHP 137 NZD
10,000 PHP 274 NZD

About the Philippine Peso

The Philippine Peso (symbol: โ‚ฑ; code: PHP) is the official currency of the Philippines, issued by the Bangko Sentral ng Pilipinas. Each peso is divided into 100 sentimos. Overseas Filipino remittances account for nearly 10% of the country's GDP, making peso conversion rates a daily concern for millions of Filipinos working abroad. The peso is one of the most actively converted currencies for personal money transfers.

About the New Zealand Dollar

The New Zealand Dollar (symbol: NZ$; code: NZD) is the official currency of New Zealand, issued by the Reserve Bank of New Zealand. Each dollar is divided into 100 cents. Often called the "Kiwi" after the native bird featured on the one-dollar coin, the New Zealand dollar is a commodity currency with its value linked to dairy and agricultural exports.

Frequently Asked Questions

How is this exchange rate calculated?

This conversion uses the European Central Bank reference rate, which is published once per business day at around 16:00 CET (Frankfurt time). The ECB calculates these rates from interbank market quotes provided by major banks. Reference rates are intended for information and statistical purposes โ€” they are not commercial rates at which currencies can actually be bought or sold.

Will I get this exact rate from my bank?

No. The ECB reference rate is a benchmark used by economists, regulators, and accountants โ€” not a retail rate. Banks, currency exchange services, and credit cards typically add a markup of 1 to 4 percent on top of the reference rate, plus possible fixed transaction fees. To know the actual rate you would pay, check directly with your bank or money transfer service before exchanging.

How often is this rate updated?

The European Central Bank updates exchange rates once per business day, around 16:00 CET. Rates are not updated on weekends or eurozone bank holidays โ€” during these periods the most recent business-day rate remains in effect. We refresh our cached rate every six hours to balance accuracy with performance.

Why does the Philippine Peso to New Zealand Dollar exchange rate change?

Exchange rates fluctuate based on many factors, including interest rate decisions by the Bangko Sentral ng Pilipinas and the Reserve Bank of New Zealand, inflation differences between the Philippines and New Zealand, trade balances, capital flows, and geopolitical events affecting market sentiment. Even small differences in expected economic conditions can move rates significantly over short periods.

Can I convert other currencies?

Yes. We support 15 major currencies for conversion: USD, EUR, GBP, JPY, CHF, CAD, AUD, CNY, INR, MXN, BRL, KRW, SGD, NZD, and SEK. Use the swap button above to flip the direction of this conversion, or open any other supported currency pair directly.

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