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PHP to USD 2026 Forecasts

Analysis of recent peso → dollar forecasts for 2026. We collate forecasts from respected FX analysts together with the latest Philippine peso to US dollar performance and trends.

 

Bias: The PHP/USD outlook is range-bound as the current exchange rate is below the 90-day average and within the middle of the 3-month range.

Key drivers:

• Rate gap: The Bangko Sentral ng Pilipinas is expected to cut rates further, while the Federal Reserve might ease its stance, creating differences in monetary policy actions.

• Risk/commodities: Recent fluctuations in oil prices could impact the Philippine economy, specifically its balance of payments, leading to volatility in the peso.

• One macro factor: A significant deterioration in the Philippines’ balance of payments, contributing to a $5 billion deficit in 2025, indicates underlying economic challenges.

Range: The PHP/USD is likely to hold steady within its recent range, but movement towards either extreme cannot be ruled out.

What could change it:

• Upside risk: An unexpected increase in foreign investment could bolster the peso.

• Downside risk: Continued geopolitical tensions could strengthen the USD against the peso.

PHP-USD Rate Calculator

 
   
   
   
   
 
   
 
 

PHP to USD Market Data

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

 
Sell PHP   →   Buy USD
1 PHP =
0.016901We compare provider deals to this wholesale mid-market rate. Read more
USD
1d+0.2%▲
 
PHP to USD at 0.016879 is just 0.5% below its 3-month average of 0.016966, having traded in a stable 1.8% range from 0.016796 to 0.017101
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Tracker

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  1 USD = 59.17 PHP

Compare & Save - Philippine peso to US dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Philippine peso (PHP) to US dollar (USD) rates from different sources before making a conversion.

Use our PHP to USD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Peso to Dollar currency rates and the possible savings of using various providers.

 
 

Will the Philippine peso rise against the US dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Philippine peso vs US dollar current value is to look the PHP/USD historic rate and change over a range of periods.

The following table looks at the change in the PHP to USD exchange rate over periods from the previous week back to the last 10 years.

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add PHP/USD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more