INR to PHP today: Indian rupee to Philippine peso
100 Indian rupees = ₱65.15, and ₱1,000 buys 1,534.89 INR. India sent US$8 million in cash remittances to the Philippines in 2025 (BSP, preliminary), number 33 of the 50 corridors on this site. Against 2 Oct 2025, when it was ₱0.6568, 100,000 INR brings ₱528.75 less (100,000 × ₱0.005288). Next: ask the sending firm how many pesos will arrive and test it in the quote checker; collect at a BSP-registered office near you (offices by province).
Rate: BSP Reference Exchange Rate Bulletin, 2 Oct 2026. Working: US$0.0104 per INR × ₱62.7480 per US$ = ₱0.6515.
1 INR = ₱0.6515 · ₱1 = 1.5349 INR · official rate (BSP bulletin), 2 Oct 2026
The converter applies the 2 Oct 2026 rate with no fee or spread. Cross-check: the ECB euro reference rates of 2 Oct 2026 give ₱0.6499 per INR (₱70.2650 per euro ÷ 108.1245 INR per euro), 0.25% below the BSP figure. The ECB fixes around 14:10 CET, while BSP uses New York closes of 1 Oct 2026, so the two are taken at different times. Changing pesos into Indian rupees instead? PHP to INR has bank selling rates.
Check a quote against the official rate
Type the INR amount and the pesos your app or counter promises; the checker shows what the rate and fee cost you in pesos. If the gap is wide, try another firm before you send.
- What this transfer costs you against the official rate
- ₱488.63 (1.50%)
- At the official rate
- ₱32,575.62
- Provider's effective rate
- ₱0.6417
Rate used: 1 INR = ₱0.6515, 2 Oct 2026. Cost = value at that rate minus the pesos that arrive, plus the fee converted at the same rate.
INR to PHP over 30, 90 and 365 days
| Period to 2 Oct 2026 | High | Low | Average | Change |
|---|---|---|---|---|
| 30 days 23 rates | ₱66.368 Sep 2026 | ₱65.1030 Sep 2026 | ₱65.58 | -0.81%from ₱65.68 |
| 90 days 64 rates | ₱66.368 Sep 2026 | ₱63.7711 Aug 2026 | ₱64.75 | +0.91%from ₱64.56 |
| 365 days 245 rates | ₱67.0129 Oct 2025 | ₱63.2627 Feb 2026 | ₱64.91 | -0.81%from ₱65.68 |
Pesos per 100 INR. Change = (today − start of period) ÷ start of period. One value per BSP banking day from the BSP daily peso cross-rate series and bulletins.
INR and PHP amounts, both ways
INR to PHP
| 100 INR | ₱65.15 |
|---|---|
| 500 INR | ₱325.76 |
| 1,000 INR | ₱651.51 |
| 5,000 INR | ₱3,257.56 |
| 10,000 INR | ₱6,515.12 |
| 50,000 INR | ₱32,575.62 |
| 100,000 INR | ₱65,151.25 |
| 500,000 INR | ₱325,756.24 |
Each row: amount × ₱0.6515, the 2 Oct 2026 rate, before fees.
PHP to INR
| ₱100 | 153.49 INR |
|---|---|
| ₱500 | 767.45 INR |
| ₱1,000 | 1,534.89 INR |
| ₱5,000 | 7,674.45 INR |
| ₱10,000 | 15,348.90 INR |
| ₱50,000 | 76,744.50 INR |
Each row: pesos ÷ ₱0.6515, before fees. Sending one of these amounts? Test the pesos promised in the quote checker.
Receiving INR transfers in the Philippines
Cash remittances from India reached US$8 million in 2025 (BSP, preliminary).
Indian rupees sent to the Philippines are normally converted by the sending firm and paid out in pesos: into a bank account, an e-wallet such as GCash or Maya, or as cash at a remittance agent. Ask for the peso amount before you send, because that figure already includes the firm's rate.
Neither BPI nor Metrobank posts a board rate for Indian rupee notes, so ask the sender to have the money paid out in pesos rather than carry the cash home. Find a registered office near you on the remittance centres by province page, compare e-wallet cash-in and cash-out fees, and check the InstaPay and PESONet fee before moving the pesos to your bank.
How Philippine tax treats INR you receive
- Money family abroad sends you is not part of your gross income: gifts are excluded under NIRC Sec. 32(B)(3), and an OFW's pay earned abroad is not taxed here under Sec. 23(C). Money paid to you for work is income in any currency. More: are remittances taxable?
- OFW remittances are exempt from documentary stamp tax when the recipient shows the OFW's OEC or OWWA certificate (RA 8042 Sec. 35 as amended by RA 10022). More: documentary stamp tax.
- Kept in a foreign currency deposit, the interest of a resident is taxed at a 20% final tax since 1 July 2025 (RA 12214, CMEPA). More: final tax.
- A business converts INR amounts at the BSP rate on the transaction day, is taxed on forex gains only when realized, and loses other rates in an audit unless it filed the sworn statement (BIR RMC 12-2024). More: income tax.
INR to PHP questions
How much is 200,000 INR in Philippine pesos?
200,000 × ₱0.6515 = ₱130,302.50 at the 2 Oct 2026 rate, and 1,000,000 INR is ₱651,512.48. What arrives is lower by the provider's fee and rate margin.
What is the highest INR to PHP rate?
In the three years to 2 Oct 2026 the highest daily value was ₱0.7054 on 28 Jun 2024 and the lowest ₱0.6326 on 27 Feb 2026. By monthly average, the highest since February 1994 was ₱1.2892 in July 2005. Source: BSP daily peso cross rates.
Will the Indian rupee go up against the peso?
Nobody can know that in advance. It moves with interest-rate decisions of the BSP and the central bank of India, trade and remittance flows, and global risk appetite. Over the last year it ranged from ₱0.6326 (27 Feb 2026) to ₱0.6701 (29 Oct 2025).
Why does my bank or app give less than ₱0.6515?
This is a reference rate with no spread; anyone buying Indian rupees from you pays less and may add a fee. Neither BPI nor Metrobank posts a board rate for the Indian rupee (boards as of 2 Oct 2026, 4:19 PM and 2 Oct 2026, 9:09 AM), so ask the sender to have the money paid out in pesos and compare the pesos that arrive.
Which rate applies on a weekend or holiday?
The Friday 2 Oct 2026 bulletin, generated by the BSP at 08:43 AM, stays the reference until the next one, Monday 5 Oct 2026 at the earliest (later if that is a holiday). Banks and apps keep setting their own rates in between. Source: BSP exchange rate page.
Does the sender owe tax on a large gift from India?
Possibly. Donor's tax is 6% of a donor's total gifts above ₱250,000 in a calendar year (NIRC Sec. 99 as amended by RA 10963), and the sender owes it, not the recipient. At the 2 Oct 2026 rate, ₱250,000 is 383,722.50 INR. Source: RA 10963 (TRAIN), Sec. 99.