Official Mid-Market Interbank Rate

PHP to KRW Currency Calculator

Real-time official mid-market exchange rate between Philippine Peso and South Korean Won

Quick Amounts:
Converted Total
100.00 PHP = 2,119.14 KRW
Mid-Market Rate: 1 PHP = 21.191 KRW Inverse Rate: 1 KRW = 0.047189 PHP Live Sync: Tue, 03 Nov 2026 00:00:01 UTC
Hidden Fee Notice

Bank vs. Real Mid-Market Rate Comparison

How traditional banks markup PHP to KRW transfers vs. the true market rate:

✓ Currency-Calculator.com (Interbank Mid-Market)

1 PHP = 21.191 KRW

Pure mid-market exchange rate. Zero markup, zero hidden spreads.

✕ Traditional Retail Banks (Chase, Barclays, HSBC, RBC)

1 PHP ≈ 20.344 KRW

Major banks (Chase, Wells Fargo, Barclays, HSBC, RBC, Santander) typically hide 3.5% to 5.5% margin fees within their retail exchange rates. (Est. loss: ~3.5% - 5.5%)

At the current mid-market exchange rate, 1 Philippine Peso (PHP) equals 21.191 South Korean Won (KRW), while 1 KRW equals 0.047189 PHP. Our market rates update continuously (last refreshed Tue, 03 Nov 2026 00:00:01 UTC), ensuring cross-border money transfers, travel budgets, and international conversions are calculated with transparent market data.

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Quick PHP to KRW Conversion Table

Quick PHP to KRW Conversion Table
PHP (Philippine Peso) KRW (South Korean Won) KRW (South Korean Won) PHP (Philippine Peso)
1 PHP 21.19 KRW 1 KRW 0.05 PHP
5 PHP 105.96 KRW 5 KRW 0.24 PHP
10 PHP 211.91 KRW 10 KRW 0.47 PHP
25 PHP 529.78 KRW 25 KRW 1.18 PHP
50 PHP 1,059.57 KRW 50 KRW 2.36 PHP
100 PHP 2,119.14 KRW 100 KRW 4.72 PHP
500 PHP 10,595.69 KRW 500 KRW 23.59 PHP
1,000 PHP 21,191.38 KRW 1,000 KRW 47.19 PHP
5,000 PHP 105,956.91 KRW 5,000 KRW 235.94 PHP

Frequently Asked Questions: PHP to KRW

What is the live exchange rate for 1 PHP to KRW?

1 PHP (Philippine Peso) is currently worth 21.191 KRW (South Korean Won) using the official real-time mid-market foreign exchange rate.

How much is 100 PHP in KRW?

At today's rate of 21.191, 100 PHP equals 2,119.14 KRW.

What is the inverse rate of KRW to PHP?

1 KRW (South Korean Won) equals 0.047189 PHP (Philippine Peso). Click the swap button above to flip the calculator instantly.

Are there hidden fees when converting through banks in the US, UK, Canada, or EU?

Yes. Most commercial retail banks apply a hidden markup of 3% to 6% on top of the mid-market rate. The rate displayed on currency-calculator.com is the pure interbank mid-market rate with zero spread.

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