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INR to PHP: Indian Rupee to Philippine Peso

Live INR to PHP exchange rate today - 1 INR equals 0.6598 PHP, with an instant two-way converter for Indian Rupee to Philippine Peso.

Today's INR to PHP Exchange Rate

1 INR = 0.659770 PHP

1 PHP = 1.5157 INR

Updated: September 4, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

0.6598 Philippine Peso

Last updated: September 4, 2026

This INR to PHP rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Philippine Peso (PHP) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is PHP (Philippine Peso)?

A free-floating currency, heavily influenced by remittances from the large overseas Filipino workforce, one of the biggest remittance inflows of any country relative to GDP.

Key Facts

  • ISO code: PHP
  • Symbol: โ‚ฑ
  • Subunit: 100 centavos = 1 peso
  • Issued by: Bangko Sentral ng Pilipinas (BSP)

Why Does the INR/PHP Exchange Rate Change?

The INR/PHP rate moves every trading day, driven mainly by:

  • Bangko Sentral ng Pilipinas interest rate decisions.
  • Remittances from overseas Filipino workers - one of the largest remittance inflows of any country relative to GDP, a major, steady source of foreign currency.
  • The Philippines' business process outsourcing (BPO) industry, another significant, steady foreign-currency earner.
  • Regional (ASEAN) capital flows and investor sentiment toward Southeast Asian markets.
  • India-Philippines trade, a smaller but growing relationship.
  • RBI intervention and rupee-side factors.

Frequently Asked Questions

Why do remittances matter so much for the Philippine Peso?

Overseas Filipino workers send home one of the largest remittance flows of any country relative to the size of its economy, a steady, reliable source of foreign currency that helps cushion the peso against the kind of swings that hit countries more dependent on volatile export or investment income.

Is the Philippine Peso pegged to the US Dollar?

No, it's a free float managed by Bangko Sentral ng Pilipinas, though the central bank does intervene at times to smooth excessive volatility.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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