LocalExchangeRates.com

Official Rate Sheet: Philippine Peso (PHP) / Algerian Dinar (DZD)

Date generated:

Mid-Market Rate: 1 PHP = 2.1335 DZD

Real-Time Interbank Wholesale Feed: October 6, 2026

Philippine Peso to Algerian Dinar Exchange Rate (PHP to DZD)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 PHP in DZD?

1 PHP = 2.1335 DZD

At the current mid-market wholesale exchange rate, converting 1,000 Philippine Peso (PHP) yields approximately 2,133.46 Algerian Dinar (DZD) (inverse rate: 1 DZD = 0.4687 PHP). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): PHP

You Receive (Estimate): DZD

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 PHP = 2.1335 DZD

Kurs odwrotny: 1 DZD = 0.4687 PHP

Status danych: Live Data (Redis)

Looking for reverse calculation? Check DZD to PHP (Algerian Dinar to Philippine Peso) Live Converter →

PHP to DZD Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for Philippine Peso against Algerian Dinar

Period High

2.1591 DZD

Period Low

2.1079 DZD

Volatility / Avg

2.1335 DZD

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 2.1079 DZD

Max: 2.1591 DZD

52-Week Range (1Y) Current Position: 65% Range

Min: 2.0588 DZD

Max: 2.2081 DZD

Standard Denomination Conversion Matrix (PHP & DZD)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

Philippine Peso → Algerian Dinar (PHP / DZD)

Wholesale Benchmark

Philippine Peso (PHP)	Algerian Dinar (DZD)
1 PHP	2.13 DZD
5 PHP	10.67 DZD
10 PHP	21.33 DZD
25 PHP	53.34 DZD
50 PHP	106.67 DZD
100 PHP	213.35 DZD
200 PHP	426.69 DZD
250 PHP	533.37 DZD
500 PHP	1,066.73 DZD
1,000 PHP	2,133.46 DZD
2,500 PHP	5,333.66 DZD
5,000 PHP	10,667.32 DZD
10,000 PHP	21,334.64 DZD

Algerian Dinar → Philippine Peso (DZD / PHP)

Wholesale Benchmark

Algerian Dinar (DZD)	Philippine Peso (PHP)
1 DZD	0.47 PHP
5 DZD	2.34 PHP
10 DZD	4.69 PHP
25 DZD	11.72 PHP
50 DZD	23.44 PHP
100 DZD	46.87 PHP
200 DZD	93.74 PHP
250 DZD	117.18 PHP
500 DZD	234.36 PHP
1,000 DZD	468.72 PHP
2,500 DZD	1,171.80 PHP
5,000 DZD	2,343.61 PHP
10,000 DZD	4,687.21 PHP

Provider / Channel	PHP/DZD Effective Exchange Rate	Estimated Fee	Estimated Received (DZD)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	2.1335 DZD	0.00%	10,667.32 DZD	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	2.0588 DZD	~3.50%	10,293.96 DZD	-373.36 DZD
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	1.9201 DZD	~10.00%	9,600.59 DZD	-1,066.73 DZD

1 PHP to DZD: Philippine Peso to Algerian Dinar Exchange Guide

Searches for 1 PHP to DZD or convert PHP to DZD describe the amount of Algerian Dinar received per 1 Philippine Peso. At today's wholesale baseline of 1 PHP = 2.1335 DZD (inverse: 1 DZD = 0.4687 PHP), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (Philippines ↔ Algeria)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Central Bank of the Philippines (BSP) and Bank of Algeria shape the medium-to-long term valuation of PHP/DZD.

PHP and DZD Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for Philippines and Algeria.

How the PHP to DZD Exchange Rate Works

Foreign exchange transactions between Philippines (PHP) and Algeria (DZD) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between PHP and DZD:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Central Bank of the Philippines (BSP) and Bank of Algeria serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between Philippines and Algeria exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (DZD) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: Philippine Peso to Algerian Dinar Conversion

Common questions regarding Philippine Peso to Algerian Dinar conversion, bank spreads, and transfer costs.

How much is 1,000 PHP in DZD today?

At the current mid-market exchange rate (1 PHP = 2.1335 DZD), 1,000 Philippine Peso equals approximately 2,133.46 Algerian Dinar. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for Philippine Peso?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with PHP?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Central Bank of the Philippines (BSP)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.