What is the current PHP to USD exchange rate?

The current mid-market exchange rate is 1 PHP = 0.0159 USD. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best PHP to USD rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert PHP to USD?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the PHP/USD rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert PHP to USD — live rate

Convert Philippine Pesos to United States Dollars and compare the real cost of sending money.

You send

PHP

They receive

USD

1 PHP = 0.0159 USD • Mid-market rate

Updated just now

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Historical PHP/USD exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: PHP to USD

1 PHP → 0.02 USD

5 PHP → 0.08 USD

10 PHP → 0.16 USD

50 PHP → 0.79 USD

100 PHP → 1.59 USD

500 PHP → 7.94 USD

1,000 PHP → 15.88 USD

5,000 PHP → 79.38 USD

Currency snapshots

PHP — Philippine Peso

ISO Code PHP

Symbol ₱

Central Bank Central Bank of the Philippines

Common Notes ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000

Learn more about PHP

USD — United States Dollar

ISO Code USD

Symbol $

Central Bank Federal Reserve Bank

Common Notes $1, $5, $10, $20, $50, $100

Learn more about USD

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert PHP to USD — live rate

Historical PHP/USD exchange rate

Quick reference: PHP to USD

Real cost of PHP → USD

Estimated savings

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Currency snapshots