🇵🇭 PHP to 🇺🇸 USD — Convert Philippine Peso to US Dollar
1 Philippine Peso = 0.0163 US Dollar
PHP/USD Exchange Rate History
🇵🇭 PHP to 🇺🇸 USD Conversion Table
| Philippine Peso (PHP) | US Dollar (USD) |
|---|---|
| ₱1 | $0.0163 |
| ₱5 | $0.0814 |
| ₱10 | $0.1628 |
| ₱25 | $0.4070 |
| ₱50 | $0.8140 |
| ₱100 | $1.6280 |
| ₱500 | $8.1401 |
| ₱1,000 | $16.2803 |
| ₱5,000 | $81.4014 |
| ₱10,000 | $162.8028 |
PHP/USD 30-Day Market Statistics
Over the past 30 days, the Philippine Peso to US Dollar exchange rate has risen by 0.6173%, moving from 0.0162 to 0.0163. It traded between a low of 0.0162 on Apr 29 and a high of 0.0165 on May 7, averaging 0.0163. With a high-to-low spread of 1.8416%, the pair has been relatively stable this month.
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🇵🇭 About the Philippine Peso (PHP)
The Philippine Peso is the currency of the Philippines, an economy heavily supported by remittances from overseas Filipino workers and a thriving business process outsourcing (BPO) industry.
Issuing authority: Bangko Sentral ng Pilipinas (BSP).
🇺🇸 About the US Dollar (USD)
The US Dollar is the world's primary reserve currency and the most traded currency on the planet, on one side of roughly 88% of all foreign exchange transactions. It serves as the global benchmark for commodities such as oil and gold, which are priced in dollars.
Issuing authority: Federal Reserve System (the Fed).
What Moves the PHP/USD Exchange Rate?
The PHP to USD rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
Philippine Peso (PHP): Overseas worker remittances, BPO export earnings, BSP policy, and import costs for oil and food.
US Dollar (USD): Federal Reserve interest rate decisions, US inflation (CPI) data, non-farm payroll employment reports, and the dollar's status as a safe-haven asset during global uncertainty.
When demand for the Philippine Peso rises relative to the US Dollar, the PHP/USD rate increases, meaning each PHP buys more USD. The opposite happens when the US Dollar strengthens.
90-Day PHP/USD Trend Analysis
Looking at a longer 90-day window, the Philippine Peso to US Dollar rate has fallen by 5.7803%, ranging from a low of 0.0162 (Apr 29) to a high of 0.0173 (Feb 28), with an average of 0.0166. The current rate of 0.0163 sits below the 90-day average, which may indicate recent softness in the Philippine Peso.
Comparing the 30-day spread of 1.8416% with the 90-day spread of 6.6323% gives a sense of whether the pair has become calmer or more turbulent recently. For larger conversions, tracking these ranges over a few weeks can help you choose a more favourable moment to exchange.
How to Convert PHP to USD
- Enter the amount of PHP you want to convert in the converter above.
- The equivalent in USD is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (USD to PHP).
- Check the chart and 30-day statistics above before large conversions.
The rate shown here is the mid-market rate — the midpoint between buy and sell prices on global markets. It is the fairest benchmark for comparing what banks and transfer services actually charge.
Best Ways to Exchange PHP to USD
Getting a rate close to the mid-market rate above can save you money, especially on larger Philippine Peso to US Dollar amounts. Here are common options ranked by typical value:
| Method | Typical Fee | Speed | Best For |
|---|---|---|---|
| Wise | 0.3-0.6% | 1-2 days | International transfers |
| Revolut | 0-1% | Instant | Travel spending |
| Bank Transfer | 3-5% | 2-5 days | Large amounts |
| Airport Exchange | 7-12% | Instant | Last resort |
Tip: Always compare the rate you're offered against the mid-market rate shown above — the difference is the hidden markup. Banks often embed a 3-5% markup even in "commission-free" offers.
Rates are indicative mid-market rates for informational purposes only and do not constitute financial advice. See our Terms of Service.