iCambio is the trademark of Change Center, a foreign exchange office born in 1991. They have exchange offices in Madrid, Andalusia (Málaga, Fuengirola, Torremolinos, Marbella, Seville and Córdoba) and Alicante (Benidorm) and a home delivery website . More details
Today's average exchange rate for this foreign currency in the main banks in Spain. The euros to be paid by the bank will charge a commission of between 2.5% and 3%, with a minimum of € 6 to € 10 (the most expensive of the two). More details
Average prices today for this foreign currency in the two main airports in Spain: Madrid-Barajas Adolfo Suarez Airport and Barcelona El Prat. More details
As the rates of currencies fluctuate continuously with respect to each other, there is no best moment to acquire travel money (in this case pesos PHP).
It is advisable to understand how the economy of the country whose currency you are interested in is evolving. In general, when the economy of that country is tough, its currency tends to depreciate with respect to the rest. This means that for the same euros you will get more pesos PHP.
Cambiator shows you the sell rate of pesos PHP, arranged from cheapest to least, so that you can decide where to order pesos PHP.
Buying online pesos in Spain is highly secure. Take into account that it is done with currency suppliers that need to have a licence from the Bank of Spain.
Additionally, these holiday money suppliers are corporations subject to inspection and can be sanctioned if they do not comply with the binding AML legislation in Spain to clarify with whom they exchange pesos.
Knowing the best exchange rate for the euro with respect to the pesos from Philippines every day in Spain, is easy.
Firstly, we advise you to not trust the prices of the currency converters that appear on the Internet. These rates are for foerign currency but not for banknotes. In addition, they are reserved for financial institutions. The prices you give out as a traveller are less appealling.
Secondly, we advise you to search at the direct euro to Philippine Peso exchange rate (that 0.991 with more or less digits that you see advertised everywhere and that changes constantly).
The higher that number is, the more pesos from Philippines they will give you for every Euro you give in.
Consequently, the best exchange price will be the higher exchange rate. Cambiator makes it easy for you to order at the best euro to Philippine Peso exchange rate. Our results page orders Philippine Peso offers from highest to lowest price of the day in five currency suppliers, banks and airports in Spain.
Absolutely. Following the antimoney laundering norms, the Spanish currency providers have to demand from you when you exchange currency an updated and valid ID card. If you buy pesos PHP at least they will ask you for your passport or resident´s identity card called DNI or NIE.
If you guessed that your bank or the airport were the sole places to buy pesos from Philippines today, please, in the first place browse rates in the various currency providers that we matched for you above.
You can see that for the same euros, you will get more pesos from Philippines depending on the company you select and you can spend the difference on other leisure activities for your trip (coffees, souvenirs, transportation, etc.).
Currency exchange is an activity similar to many others: you have consumers who get their currency from a retail company (the one that sells us pesos PHP). These in turn buy those pesos PHP from a wholesaler company. The difference between what they have paid for pesos PHP and what they charge you is the profit margin they make.
Nevertheless, in this currency exchange business, it may be the case that the bank or currency provider will not acquire the notes from a wholesale company, but alternatively gets it from a consumer flying to to Spain with pesos PHP.
In this case, in addition to obtaining a margin for buying the notes from this consumer, they charge you another margin when they offer you the currency. Double win!
Do not hesitate. We have studied the the currency suppliers and banks in Spain for more than five years and we know that, depending on the currency you need, some currencies are easy to find but other exotic ones are not.
Normally the euro to Philippine Peso rate is cheaper if you order them online click and collect or delivery at home than if you go directly to the currency provider store.
After your trip, you can change your leftover currency, only notes not coins, (pesos from Philippines in this caseat your bank or your closest currency provider.
Look at the Philippine Peso to Euro rates firstly and do a comparison on Cambiator to find out the better place. Bear in mind that your bank will impose on you, once again, a fee near to 3% with a minimum of 6 to 9 Euros (the largest of the two).
The average amount of the average user who acquires pesos PHP with Euros is around 700 €, which is a quantity that falls within the limits of the foreign currency providers that operate with travelers in Spain.
The higher the quantity of pesos PHP to order, the higher the like you will be required to prove your professional activity data additionally to your ID card or passport.
Literally all banks in Spain impose on you a three per cent commission, with a minimum (whichever is higher) amount between 6 and 10 euros.
Bear in mind that the smaller the quantity of pesos to acquire, the more the impact of this fixed fee on your wallet.
Best rate of the day (exchange euros to another currency)