Yuan to Philippine pesos, and the payment that is not a padala
Most money crossing this border is arriving. This one leaves, and it ends at a company.
Indicative reference rate, updated . Your payable amount is confirmed against your invoice before you fund.
100, 1,000 and 10,000 yuan to Philippine pesos at this rate
- ¥100
- ≈ ₱933.46
- ¥1,000
- ≈ ₱9,334.65
- ¥10,000
- ≈ ₱93,346.45
- ₱1,000.00
- ≈ ¥107.13
- ₱10,000.00
- ≈ ¥1,071.28
- ₱100,000.00
- ≈ ¥10,712.78
Price a supplier's invoice in CNY
Enter the invoice in yuan and choose how you would fund it.
You send about
1,490.82 USDT
≈ ₱93,346.45
1 USDT ≈ ¥6.71
A yuan-to-peso figure is a reading. It sizes a Chinese price in money you think in, so you can judge whether an order is worth pursuing, and that is the whole of its job. The payment underneath it looks nothing like the transfers this country is built around: no pesos leave the Philippines, the party at the far end is a registered company in mainland China rather than a person you can name, and the funding comes from USDT or USDC sitting in your Unigox Wallet.
- Reference figure, not a quote
- The recipient is a Chinese company
- Funded from USDT or USDC
A reading in pesos, an invoice in yuan
Use the figure to judge whether an order is worth placing. Then price the invoice your supplier actually issued, and fund it from the balance you already hold.
- Direction
- Out, not in
- Payee
- A Chinese company
- Funded with
- USDT · USDC
PHP
Priced in PHP, funded from USDT or USDC
USDT
Native Unigox Wallet
USDC
Native Unigox Wallet
Recipient gets
ChinaCNY
The exact yuan stated on the invoice, paid to the recipient in China.
How much is 1 yuan in Philippine pesos?
Whatever today's indicative reference says — and it is worth being clear about what that buys you. A CNY-to-PHP figure gives a Chinese price a size you can judge, which is usually enough to decide whether an order deserves another week of conversation. It does not price a payment. Your supplier's invoice is denominated in CNY and stays there, funding comes from a USDT or USDC balance rather than from a peso account, and what actually decides your cost is the yuan total on that invoice set against the stablecoin figure the flow puts in front of you before you commit. Neither of those is a peso, which is why a converter can only ever carry you as far as the start of the question.
The reference carries a Manila read time so you can judge how fresh it is, and it is not a quote. Peso funding is not part of this journey, and we would rather write that plainly than let a tile imply otherwise.
From recipient details to a tracked CNY payment
- 01
Add the recipient
Choose the supported China destination and enter the recipient details exactly as provided.
- 02
Enter the CNY invoice
Add the amount, purpose, relationship and optional invoice reference before pricing.
- 03
Choose how to fund
Select USDT or USDC from your native Unigox Wallet.
- 04
Review and follow the payment
Confirm the exact source and destination amounts, then follow the status from the same flow.
Pay from where your money already is
Unigox Wallet
Choose USDT or USDC
- Choose USDT or USDC
- Review the required wallet amount
- The recipient still receives CNY
Stablecoin rates and top-ups
A padala goes to a person. This goes to a company.
The Philippines has one of the most practised money-moving cultures anywhere, and nearly all of that practice points inward: someone abroad sends, someone here collects, and every form in the chain asks for a person's name. GCash, a padala counter, a remittance agent — the instinct they have built is a good one, and it is the wrong shape for what this page is about. Here the money runs outward, the recipient is a business, and there is no name on the receiving end that belongs to a human being at all.
The route holds to that rather than merely preferring it. Payment reaches a business account at a bank on the Chinese mainland, over the domestic network those banks clear through. A personal account is refused. So is an account in Hong Kong, which is what often turns up when a supplier is asked for details and sends whatever they happen to hold. Neither refusal is a judgement about your supplier, and both are far better discovered while you are still agreeing terms than on the day a deposit is due.
- The receiving bank, and the account number as it appears on their own statement rather than as retyped into a message.
- The company's registered name in Latin letters, and the same company in Chinese characters.
- A mainland mobile number for the business.
- What the payment is for: goods or services, with the recipient recorded as your supplier or a service provider.
Where the peso figure stops being useful
It earns its keep twice. Once when you are working out whether a Chinese price can survive being sold at a Philippine one, and once when somebody quotes you in pesos — which is usually a sign the conversation has drifted away from the invoice and picked up a margin on the way. After that the number that governs everything is the CNY total on the proforma.
The distinction matters most while terms are still open. Promise a supplier the peso equivalent of something and two things follow, neither of them good: every movement between that promise and the payment becomes yours to absorb, and the supplier has been handed a number that means nothing to the books they actually keep. Fix the yuan total instead, and a moving market can only change what you fund rather than what they are owed.
Inside the flow the arithmetic is stated rather than implied. There is no separate fee line to add on, because the cost sits inside the amount you are asked to fund — so the comparison worth making is that amount against the exact CNY your supplier receives. A price has a ten-minute shelf life, which bounds how stale the number on your screen can get rather than locking anything in: the amount is settled when the payout is matched, and a lapsed price is replaced with a fresh one instead of being honoured. A floor and a ceiling apply as well, both read from live liquidity at the moment you ask and both shown in the flow rather than published here.
Two different pesos are hiding in this search
A large share of the traffic for yuan to peso is not Philippine at all. The word belongs to several currencies and Mexico's is the other big one, so a converter that guesses the wrong country hands you a figure that is wrong by a multiple rather than by a rounding — and it looks entirely plausible on the screen, which is what makes it expensive. Anyone sizing an order against the wrong peso is about to have a very confident conversation about a price that does not exist.
Checking costs a second. Make sure the page in front of you is showing PHP rather than another peso, and prefer a figure that names the code over one that only says the word. The other side of the pair settles itself on the supplier's paperwork: CNY, RMB, 元 and 人民币 all name the same currency, and that is the one the invoice is denominated in, whatever language the negotiation happened in.
Built for the way the Philippines pays China
Two things shape this flow: China is a major sourcing corridor for the Philippines, and the invoice at the end of it is written in yuan and paid into a mainland company account.
What a Philippine buyer asks next
01I searched peso to yuan rather than yuan to peso. Does the direction matter?
For reading a figure, no — one is the reciprocal of the other, and this page carries both. For paying, it matters completely: the invoice is denominated in yuan and stays that way, so the peso is what you budget in and the yuan is what the supplier receives. Nothing in the flow converts pesos into yuan; the funding comes from a USDT or USDC balance.
02Can I pay a Chinese supplier through GCash or a remittance centre?
Not through Unigox, and the obstacle sits at the far end rather than here. Those services pay a person; this payment reaches a company's bank account in mainland China. Funding comes from a USDT or USDC balance in your Unigox Wallet, and what arrives at the other end is ordinary yuan in a business account.
03Can I fund the payment in Philippine pesos from my own account?
No. This journey collects in one currency only and it is not PHP, so there is no peso funding option and we will not draw one. What works from here is a USDT or USDC balance in your Unigox Wallet, and reaching that balance is a step you arrange yourself, in a market we neither price nor watch.
04Is this the same as sending a remittance to China?
No. A remittance pays a person. This pays a business against an invoice, and each payment is declared as goods or services with the recipient recorded as your supplier or a service provider. If what you actually want is to send support to a relative in China, this is the wrong route, and we would rather say so than take the payment.
05My supplier gave me a Hong Kong bank account. Can you pay it?
No. The payout reaches business accounts at banks on the Chinese mainland, and a Hong Kong account sits outside that. Ask your supplier for the mainland company account their invoices are issued against — a manufacturer selling into export markets will usually have one, and the request is ordinary enough that reluctance is worth noticing.
06Is the peso figure on this page a quote?
No, and the distinction is not pedantic. This is a market reading with a time on it, published so a yuan price can be sized, and none of it is reserved for you. The figure with an expiry turns up later, inside the flow and attached to one invoice, where it lasts ten minutes and is replaced with a fresh one rather than honoured if you leave it too long.
The peso figure sized the order. This prices the invoice.
Open the payment flow, add the recipient and compare USDT, USDC before funding.
Price the invoice in CNYRelated China guides
Built primarily for businesses
Built for importers and repeat supplier payers. A private individual paying a business invoice runs the same checks and gets the same quote — the recipient on this route is always a company.