PHP/GBP
Market Open
15 Jun, 09:45
£
0. 012349
+0.00023
+1.8996%
£
7,128 Volume
£ 0.012119
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PHPGBP Overview
PHPGBP denotes the exchange rate of the Philippine Peso (PHP) quoted against the Pound Sterling (GBP). It shows how many pounds can be purchased with one peso, or conversely how many pesos are needed to buy one pound, and is used to price transactions between the two currencies.
The Philippine Peso is the official currency of the Republic of the Philippines, issued and regulated by the Bangko Sentral ng Pilipinas (BSP). Identified by the code PHP and commonly represented by the symbol ₱, the peso facilitates domestic commerce, remittances, and international trade for the archipelago nation.
Pound Sterling, abbreviated GBP and symbolized by £, is the official currency of the United Kingdom and several of its territories. The Bank of England is responsible for issuing and managing sterling, which serves as a major reserve and global transaction currency.
Movements in the PHPGBP rate are driven by supply and demand in the foreign exchange market and reflect differences in interest rates, inflation trends, monetary policy decisions, economic data, and geopolitical developments. Market sentiment and cross-border capital flows also play significant roles.
For market participants, PHPGBP is relevant for importers and exporters, investors with exposure to either country, remittance flows, and traders seeking to hedge currency risk or capitalize on volatility between the peso and sterling.
The Philippine Peso is the official currency of the Republic of the Philippines, issued and regulated by the Bangko Sentral ng Pilipinas (BSP). Identified by the code PHP and commonly represented by the symbol ₱, the peso facilitates domestic commerce, remittances, and international trade for the archipelago nation.
Pound Sterling, abbreviated GBP and symbolized by £, is the official currency of the United Kingdom and several of its territories. The Bank of England is responsible for issuing and managing sterling, which serves as a major reserve and global transaction currency.
Movements in the PHPGBP rate are driven by supply and demand in the foreign exchange market and reflect differences in interest rates, inflation trends, monetary policy decisions, economic data, and geopolitical developments. Market sentiment and cross-border capital flows also play significant roles.
For market participants, PHPGBP is relevant for importers and exporters, investors with exposure to either country, remittance flows, and traders seeking to hedge currency risk or capitalize on volatility between the peso and sterling.
PHPGBP Chart
PHPGBP FAQ
What is the current PHP/GBP price?
The current rate is £0.012349, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the PHP/GBP rate changed today?
The rate has changed by +0.00023 (+1.8996%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was £0.012119, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is PHP/GBP moving up or down?
Movements in PHP/GBP are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+1.8996%) is based on the difference between the current rate and the previous closing rate.
Is PHP/GBP trending up or down right now?
If the current rate (£0.012349) is above the previous close (£0.012119), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for PHP/GBP directly on this page.
