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USD to PHP Exchange Rates & Currency Deals

USD-PHP Rate Calculator

 
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 
   

USD to PHP Market Data

US dollar (USD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell USD   →   Buy PHP
1 USD = 58.92 PHP
1d+0.2%▲
14dHighs◓
USD to PHP is at 14-day highs near 58.85, just above its 3-month average, having traded in a very stable 2.5% range from 57.90 to 59.37
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Tracker
  1 PHP = 0.016973 USD

Is the USD to PHP Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Philippine peso is to review how the USD/PHP rate has changed over time.

The table below shows the percentage change in the USD to PHP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateUSD/PHPChangePeriod
16 Dec 2025
58.54
0.5% ▲2 Week
01 Oct 2025
58.16
1.2% ▲3 Month
30 Dec 2024
57.91
1.6% ▲1 Year
31 Dec 2020
48.01
22.6% ▲5 Year
02 Jan 2016
46.97
25.3% ▲10 Year
04 Jan 2006
52.40
12.3% ▲20 Year
USD/PHP historic rates & change to 30-Dec-2025

Currency Forecasts related to USD/PHP

USD to PHP 2026 Forecasts

The USD to PHP exchange rate is currently showing a bearish bias as the US dollar weakens against the Philippine peso. Three key drivers are influencing this outlook.

Read forecast

USD to EUR 2026 Forecasts

The USD to EUR exchange rate is currently showing a bearish bias, with the US dollar slipping recently.

Read forecast

USD to JPY 2026 Forecasts

The USD to JPY exchange rate currently shows a bearish bias, reflecting a downward trend for the US dollar against the Japanese yen.

Read forecast

Current market bias: Bearish. Key drivers: - The interest rate differential is shifting as the Federal Reserve plans to cut rates, while the Bangko Sentral ng Pilipinas may end its easing cycle. - Concerns over global economic growth could lead to volatility, especially if commodity prices change. - Governance and economic performance issues in the Philippines are affecting confidence and growth forecasts. Near-term range: The USD to PHP exchange rate is expected to remain within a stable range, fluctuating slightly above the current level. What could change it: An upside risk could arise from a significant improvement in US consumer sentiment, strengthening the USD. On the downside, further governance challenges in the Philippines may lead to a deeper peso depreciation. --- USD to PHP is bearish as the dollar weakens against the peso. The Fed's expected rate cuts and concerns over global growth add pressure. Upside risk lies in improved US consumer sentiment, while governance issues in the Philippines may deepen the peso's decline

 

USD to PHP Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Philippine peso across a range of amounts.

This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :

USD PHP
$ 1 ₱ 58.92
$ 5 ₱ 294.60
$ 10 ₱ 589.20
$ 20 ₱ 1,178
$ 50 ₱ 2,946
$ 100 ₱ 5,892
$ 250 ₱ 14,730
$ 500 ₱ 29,460
$ 1,000 ₱ 58,920
$ 2,000 ₱ 117,840
$ 5,000 ₱ 294,600
$ 10,000 ₱ 589,200
$ 20,000 ₱ 1,178,400
$ 50,000 ₱ 2,946,000
$ 100,000 ₱ 5,892,000
USD PHP
$ 0.0170 ₱ 1
$ 0.0849 ₱ 5
$ 0.1697 ₱ 10
$ 0.3395 ₱ 20
$ 0.8487 ₱ 50
$ 1.6973 ₱ 100
$ 4.2433 ₱ 250
$ 8.4865 ₱ 500
$ 16.97 ₱ 1,000
$ 33.95 ₱ 2,000
$ 84.87 ₱ 5,000
$ 169.73 ₱ 10,000
$ 339.46 ₱ 20,000
$ 848.65 ₱ 50,000
$ 1,697 ₱ 100,000

More amounts

*Converted at the current USD-PHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for USD to PHP?

The best USD to PHP exchange rate is 58.74 from OFX . This is -0.31% compared to the mid-market rate 58.92.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Philippine peso (PHP) rates from different sources before making a conversion.

The above Dollar to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest USD-PHP mid-rate and the possible savings of using various providers. 

How do USD-PHP rates compare between providers?

Looking at the full USD to PHP - Send Money comparison table the provider with the best USD to PHP exchange rate is OFX at 58.74, -0.31% from the latest mid-market rate 58.92.

The next best is Wise at 58.61, -0.53% from the mid-rate.

Then XE at 58.56, which is -0.61% from the mid-rate.

The Western Union rate is 58.33 which is -1% from the mid-rate.

Among the banks the Chase Bank rate is 52.37 at -11.1% the Wells Fargo Bank rate is 52.02 at -11.7% and the Citibank rate is 54.73 at -7.1% compared to the mid-rate 58.92.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

 

Compare USD to PHP Transfer Rates

   

View a full list of exchange rates by selecting your Base (from) currency: