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INR INR PHP PHP Rate as of2026-05-18

INR to PHP Converter.

Current rate

1 INR = 0.68 PHP as of 2026-05-18. A genuinely niche pair — there is no meaningful Indian diaspora in the Philippines (under 50,000 people) and no significant Filipino diaspora in India, so remittance flow is minimal. The main use cases are Indian medical tourism inflows to Indian hospitals (Apollo, Fortis serve some Filipino patients), Indian IT-BPO companies with Manila operations (Wipro, Infosys, TCS), and growing Indian outbound tourism to Cebu and Palawan. Both currencies have weakened vs USD over 5 years at similar pace, keeping the INR-PHP cross relatively stable.

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INRPHP Converter

🇮🇳 ₹1.00 = 🇵🇭
₱0.68
Rate: 1 INR = 0.6800 PHP
Common conversions
🇮🇳 INR🇵🇭 PHP
₹1.00₱0.68
₹10.00₱6.80
₹100.00₱68.00
₹500.00₱340.00
₹1,000.00₱680.00
₹5,000.00₱3,400.00
₹10,000.00₱6,800.00
₹50,000.00₱34,000.00
₹100,000.00₱68,000.00
✨ Mid-market rate · as of 2026-05-18 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

INR trend over time.

Today
0.68
1 INR = PHP
1 year ago
0.7
↓ 2.9% in 12 months
5 years ago
0.65
↑ 4.6% in 5 years
🔢 Quick reference

INR to PHP conversion table.

Common Indian Rupee amounts converted to Philippine Peso at today's rate of 1 INR = 0.68 PHP. The reverse holds too: 1 PHP = 1.47 INR.

INR → PHP
1 INR 0.68 PHP
5 INR 3.4 PHP
10 INR 6.8 PHP
25 INR 17 PHP
50 INR 34 PHP
100 INR 68 PHP
500 INR 340 PHP
1,000 INR 680 PHP
5,000 INR 3,400 PHP
10,000 INR 6,800 PHP
PHP → INR
1 PHP 1.47 INR
5 PHP 7.35 INR
10 PHP 14.71 INR
25 PHP 36.76 INR
50 PHP 73.53 INR
100 PHP 147.06 INR
500 PHP 735.29 INR
1,000 PHP 1,471 INR
5,000 PHP 7,353 INR
10,000 PHP 14,706 INR
💡 About this corridor

Why people convert INR to PHP.

The INR/PHP corridor is driven mostly by India inbound remittances and NRI banking. On the Philippine Peso side, demand comes from OFW remittances, BPO industry payments, and real estate. Because both sides see steady two-way flow, INR/PHP is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the Indian Rupee has moved down 2.9% against the Philippine Peso, and over five years it has strengthened about 4.6% (from 0.65 to 0.68). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Philippine Peso you receive by a meaningful margin.

Getting the best INR → PHP rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large INR transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-18 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

INR to PHP FAQ.

Why is the INR to PHP rate roughly 1:0.68?
It reflects the cross-rate via USD — both INR (~84 per USD) and PHP (~57.8 per USD) are mid-tier Asian EM currencies, and 57.8/84 ≈ 0.69. Neither central bank manages a direct INR-PHP pair, so the rate is purely an arithmetic consequence of each currency's USD dynamics.
How do Indian IT companies in Manila handle INR-PHP payroll conversions?
Large players like TCS and Infosys use treasury hedging via Citi or HSBC Manila — they buy PHP forwards 3-6 months out to lock payroll costs. For smaller Indian companies setting up in BGC or Cebu, NIUM and Wise Business offer corridor-specific rates ~80 bps below bank wires. Direct INR-PHP is rarely quoted; everything routes through USD.
Best way to convert INR to PHP for a Philippines vacation?
Like the IDR route — carry USD from India, convert to PHP in Manila or Cebu at authorized changers (CSB, Czarina). Forex cards work for hotels and malls but Philippines remains cash-heavy in island destinations. Avoid airport changers at NAIA — markups exceed 5%.