Today’s Exchange Rate Of British Pound to Philippine Peso
BRITISH POUND TO PHILIPPINE PESO — Here is the exchange rate between the British Pounds and the Philippine Peso today, July 20, 2022.
Most Filipinos chose to live or work outside the Philippines as they want to earn a sustainable income and to also have a more comfortable and better life.
Even though the Regional Tripartite Wages and Productivity Board (RTWPB) has granted a wage hike to some regions in the Philippines, there are several countries that have a promising exchange rate of their currencies with the Philippine Peso.
With this, Filipinos chose to live or work abroad to help their families in the Philippines by sending remittances.
Based on a report in ABS-CBN News last July 19, Sun Life Investment Management and Trust Corp President and CIO Mike Enriquez told ANC that another 100 bps (basis points) interest rate increase by the Bangko Sentral ng Pilipinas (BSP) is unlikely to hurt the country’s economic recovery.
Pinoys from the United Kingdom are sending money to their family or loved ones in the Philippines, while Filipinos from the Philippines are receiving regular remittances from a family member or a loved one living or working in the UK.
GBP-PHP rate matters to you regardless of whether you are a receiver of money from a family member or a loved one in the United Kingdom or a sender of remittances to your family or loved ones. You can have your GBP converted to PHP through money exchange services and financial institutions.
The Philippines’ financial institutions offer money exchange rate services during weekdays — including Asia United Bank (AUB). Here is the British Pound to Philippine Peso exchange rate for today, July 20, 2022:
1 British Pound (GBP) to Philippine Peso (PHP)
- Buying: 66.8466
- Selling: 68.3486