Today, 1.00 (one) Brazilian Real is worth 9.88 Philippine Peso, ie, R$1.00 = ₱9.88. That's because the current exchange rate, to PHP, is 9.88. So, to make Brazilian Real to Philippine Peso conversion, you just need to multiply the amount in BRL by 9.88.
Learn how to get the best Brazilian Real exchange rate before exchanging your money
The Brazilian Real is the official Brazilian Real currency. BRL/PHP represents the value of Brazilian Real money in Philippine Peso money and it is called the 'exchange rate' or 'forex rate'. This exchange rate from Brazilian Real to Philippine Peso is today at 9.879.
As an example, suppose you are from Manila Philippines and you travel to Rio de Janeiro Brazil. There, you need to get 1000 Brazilian Reals ( R$) at a Rio de Janeiro bank to pay your hotel. In this case you would pay 9.879 * 1000 = 9,879.478 Philippine Pesos (₱). But, in practice, you will pay more (or perhaps much more) to get the same amount of your foreign currency due to the margin for the money conversion services costs like: commissions, credit card surcharges, ATM fees and other expenses. If, for example, you are using a credit card, this margin will typically be around 2 to 3 percent. We recommend that you choose the best place to make your money exchange because there can be a large difference between forex rates you will get.
In the example above for a 1000 Brazilian Reals amount, the result of the money conversion is 10,077.068 PHP for a 2% margin or 10,175.862 PHP for a 3% margin.
Some Internet based foreign currency exchange agencies add 10 percent or even more. So, if you make the same calculations above, there will be a difference of about 987.948 PHP depending on which forex bank or agency you choose to exchange your money. So, that's why we advise you to seek the best place to get the best fx rates for your upcoming money transfer/exchange. The only way to know what is the best exchange rate is to know what the current rate is. You can easily accomplish this by using periodically our currency converter above to get an idea of what forex rate to expect.
Note: If you use our currency converter, you only need to choose the amount of margin in its drop-down list and have an estimate of how much you will pay to get the desired amount.
By the way: there are some notations for this currency pair like BRL-PHP or BRLPHP among others. The currency symbol for Brazilian Real is (R$) while the currency symbol for Philippine Peso is (₱). Note also that the Brazil country code is BRA or BR. The Philippines country code is PHL or PH
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