🇺🇸 USD to 🇵🇭 PHP — Convert US Dollar to Philippine Peso
1 US Dollar = 61.5050 Philippine Peso
USD/PHP Exchange Rate History
🇺🇸 USD to 🇵🇭 PHP Conversion Table
| US Dollar (USD) | Philippine Peso (PHP) |
|---|---|
| $1 | ₱61.5050 |
| $5 | ₱307.5250 |
| $10 | ₱615.0500 |
| $25 | ₱1,537.63 |
| $50 | ₱3,075.25 |
| $100 | ₱6,150.50 |
| $500 | ₱30,752.50 |
| $1,000 | ₱61,505.00 |
| $5,000 | ₱307,525.00 |
| $10,000 | ₱615,050.00 |
USD/PHP 30-Day Market Statistics
Over the past 30 days, the US Dollar to Philippine Peso exchange rate has risen by 0.2968%, moving from 61.3230 to 61.5050. It traded between a low of 60.5000 on May 10 and a high of 61.7900 on May 4, averaging 61.3442. With a high-to-low spread of 2.1029%, the pair has been relatively stable this month.
Frequently Asked Questions
Related Conversions
Get the App
Track exchange rates on the go. Get real-time alerts and convert currencies instantly.
🇺🇸 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).
🇵🇭 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).
What Moves the USD/PHP Exchange Rate?
The USD to PHP rate reflects the relative strength of two different economies, so it responds to developments on both sides of the pair.
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.
Philippine Peso (PHP): Overseas worker remittances, BPO export earnings, BSP policy, and import costs for oil and food.
When demand for the US Dollar rises relative to the Philippine Peso, the USD/PHP rate increases, meaning each USD buys more PHP. The opposite happens when the Philippine Peso strengthens.
90-Day USD/PHP Trend Analysis
Looking at a longer 90-day window, the US Dollar to Philippine Peso rate has risen by 6.5477%, ranging from a low of 57.7253 (Mar 1) to a high of 61.7900 (May 4), with an average of 60.3534. The current rate of 61.5050 sits above the 90-day average, which suggests recent strength in the US Dollar.
Comparing the 30-day spread of 2.1029% with the 90-day spread of 6.7348% 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 USD to PHP
- Enter the amount of USD you want to convert in the converter above.
- The equivalent in PHP is calculated automatically using the latest rate.
- Use the swap button to reverse the conversion (PHP to USD).
- 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 USD to PHP
Getting a rate close to the mid-market rate above can save you money, especially on larger US Dollar to Philippine Peso 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.