Cherry De Vega, Bookkeeping and Compliance ReviewerReviewed by Cherry De Vega, Bookkeeping and Compliance Reviewer

PHP to KRW today: Philippine peso to South Korean won

21,682.67 KRWfor ₱1,000 · official rate for 2 Oct 2026

₱1 = 21.68 KRW, so ₱1,000 buys 21,682.67 KRW and ₱10,000 buys 216,826.71 KRW at the official rate. A year earlier ₱1,000 bought 24,096.39 KRW; the peso is weaker against the South Korean won by 10.0%. Next: compare the bank columns below and buy where your pesos go furthest; branches and money changers are listed on the offices by province page.

Rate: BSP Reference Exchange Rate Bulletin, 2 Oct 2026. Working: ₱1,000 ÷ ₱0.0461 per KRW = 21,682.67 KRW, where US$0.000735 per KRW × ₱62.7480 per US$ = ₱0.0461.

1 KRW = ₱0.0461 · ₱1 = 21.6827 KRW · official rate (BSP bulletin), 2 Oct 2026

The converter applies the 2 Oct 2026 rate with no spread. Next: see what common peso amounts buy.

What your pesos buy in KRW

PesosOfficial rate
₱1002,168.27
₱50010,841.34
₱1,00021,682.67
₱5,000108,413.35
₱10,000216,826.71
₱20,000433,653.41
₱50,0001,084,133.53
₱100,0002,168,267.06

KRW received for each peso amount at the 2 Oct 2026 official rate.

The peso against the South Korean won

Period to 2 Oct 2026₱1,000 bought, startBestWorst
30 days22,075.06 KRW2 Sep 202622,123.8921 Sep 202621,413.289 Sep 2026
90 days25,000.00 KRW3 Jul 202625,000.003 Jul 202621,413.289 Sep 2026
365 days24,096.39 KRW2 Oct 202525,445.2919 Jun 202621,413.289 Sep 2026

KRW that ₱1,000 bought at the official rate on each date.

21.6920KRW per ₱1, 2 Oct 2026 · -9.98% since 2 Oct 2025
22242 Oct 20252 Oct 2026

Paying or sending pesos abroad in KRW

For tuition, rent or a family member abroad, a bank wire or a remittance app converts your pesos at its own rate. Ask for the KRW amount that will arrive and compare it with the official figure above: ₱20,000 should land close to 433,653.41 KRW before fees. Next, for money coming the other way: KRW to PHP.

Cash for a trip: buy at a bank or a BSP-registered money changer, listed by town on the remittance and money changer offices page. For tax, a business converts KRW amounts at the BSP rate on the transaction day (BIR RMC 12-2024).

PHP to KRW questions

How much is ₱5,000 in KRW?

₱5,000 ÷ ₱0.0461 = 108,413.35 KRW at the 2 Oct 2026 rate; ₱25,000 is 542,066.77 KRW. A bank or money changer gives fewer won, because its selling rate includes a spread.

Where can I buy KRW in the Philippines?

Neither BPI nor Metrobank posts a selling rate for the South Korean won, so ask your bank or a BSP-registered money changer whether they stock it. Many travellers carry US dollars and convert on arrival instead.

Is the peso stronger or weaker against the South Korean won than three months ago?

Weaker. On 3 Jul 2026, ₱1,000 bought 25,000.00 KRW; on 2 Oct 2026 it buys 21,682.67 KRW.

Which KRW rate does the BIR use for tax?

Under RMC 12-2024, KRW transactions are converted straight to pesos at the BSP rate on the transaction day; the old practice of converting through the US dollar first is superseded.