We Buy Philippine Pesos (PHP) at the Best Exchange Rate in Australia
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Best Place to Sell PHP in Australia
Just returned to Melbourne from the Philippines and still holding Philippine Peso (PHP)? Not sure where to get the best exchange rate without paying service fees? You’re in the right place.
Danesh Exchange is your trusted one-stop destination for converting Philippine Peso (PHP) to Australian Dollars (AUD). We offer some of the best PHP rates in Melbourne and charge $0 commission with no hidden fees.
Whether you’re selling PHP or buying it for your next trip, our rates are transparent, competitive, and designed to give you more value. Students and pensioners also enjoy exclusive discounted rates, helping you save even more.
How to Sell Your Philippine Peso
Selling Philippine Pesos (PHP) in Australia is quick, safe, and straightforward with Danesh Exchange. Follow these simple steps to get the best value for your currency.
Get a quote:
Call Danesh Exchange to check the latest PHP to AUD exchange rate. Our team provides accurate, up‑to‑date pricing with no hidden surprises.
Visit our store:
Head to the Danesh Exchange location. Bring your Philippine Pesos and a valid photo ID for verification.
Exchange over the counter:
Our staff will confirm the rate, inspect and verify your notes, and process the exchange securely and efficiently.
Receive your money:
Walk out with your Australian dollars (AUD) instantly. Fast service, transparent rates, and absolutely no hidden fees.
Smart Tips for Exchanging Philippine Pesos
Compare exchange rates before selling PHP
Always check rates from multiple exchangers or banks to find the best PHP to AUD (or other currency) rate. Even a small difference can make a big impact, especially with large amounts.
Avoid airport and hotel exchange desks
These counters usually offer weaker PHP rates and higher margins. Planning your exchange ahead of time helps you avoid losing value at last-minute locations.
Choose providers with no hidden fees
Look for clear, upfront pricing. A good PHP rate isn’t helpful if service charges or commissions reduce what you actually receive.
Sell during favorable market movements
PHP exchange rates can fluctuate due to market and regional factors. If timing is flexible, monitoring trends may help you secure a better rate.
Use trusted, well-reviewed money exchangers
Stick to licensed and reputable providers. Strong reviews and a solid track record help ensure accurate counting, fair rates, and a safe transaction.
Limits and Restrictions
Minimum Amounts
There is no minimum amount when selling PHP. Whether you have a few leftover notes or a larger amount, we’re happy to exchange it.
Maximum Amounts
We can handle large PHP transactions. For higher-value exchanges, we may request valid ID, conduct a brief source-of-funds check, or ask for a short wait while your payout is prepared. This is standard practice for licensed and regulated money exchangers in Australia.
Selling PHP Worth $10,000 AUD or More
If your PHP exchange is $10,000 AUD equivalent or above, please bring valid identification and allow extra time for compliance checks.
To ensure smooth processing, calling ahead to confirm cash availability is recommended. For larger payouts, bank transfer or PayID is often the fastest and safest option.
Where to Sell Philippine Pesos in Australia
Selling Philippine Peso (PHP) in Australia is quick, safe, and straightforward with Danesh Exchange.
If you’re wondering where to sell PHP in Australia, you generally have three main options:
Banks
Some banks may accept Philippine Peso (PHP), but they are rarely the most cost-effective option.
Buy-back rates are often poor, processing can be slow, and additional service or handling fees may apply.
While banks feel familiar, they usually do not offer competitive PHP-to-AUD rates,
especially for cash exchanges.
Specialist Currency Exchange Providers
Specialist exchangers like Danesh Exchange are often the best choice for selling PHP.
They offer:
- Competitive PHP exchange rates
- No hidden fees or commissions
- Fast, friendly service
- Reliable availability for both small and large amounts
Whether you’re selling a small bundle of notes or a higher-value amount,
Danesh Exchange makes it simple to sell Philippine Peso in Australia at a fair price.
Airport Kiosks
Airport exchange counters may accept foreign currency, but PHP is often exchanged at very poor rates.
Even when accepted, airport kiosks typically apply high margins, meaning you receive far less AUD than
you would at a specialist exchanger. While convenient, airports are not recommended
for selling Philippine Peso.
What PHP Notes We Accept
The Philippine Peso (PHP) is the official currency of the Philippines and is used for all everyday transactions across the country.
While PHP is primarily used in the Philippines, it is commonly exchanged by travelers, expatriates, and international businesses. Outside the Philippines, PHP is typically exchanged through specialist currency exchangers rather than banks.
Locally, the currency is referred to as the “peso”, and cash remains widely used alongside cards.
PHP Banknote Denominations
PHP banknotes currently in circulation include:
20, 50, 100, 200, 500, 1,000 pesos
Keeping your PHP notes sorted by denomination helps ensure faster counting and smoother transactions, especially when exchanging larger amounts or visiting busy exchange counters.
Old and damaged banknotes
The Philippine Peso (PHP) is the official currency of the Philippines and is used for all everyday transactions across the country.
While PHP is primarily used in the Philippines, it is commonly exchanged by travelers, expatriates, and international businesses. Outside the Philippines, PHP is typically exchanged through specialist currency exchangers rather than banks.
Locally, the currency is referred to as the “peso”, and cash remains widely used alongside cards.
PHP Banknote Denominations
PHP banknotes currently in circulation include:
20, 50, 100, 200, 500, 1,000 pesos
Keeping your PHP notes sorted by denomination helps ensure faster counting and smoother transactions, especially when exchanging larger amounts or visiting busy exchange counters.
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