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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.

 

PHP/USD Outlook: Slightly weaker, but likely to move sideways, as the rate is near its three-month average and lacks a clear driving force.

Key drivers:

  • Rate gap: The Bangko Sentral ng Pilipinas (BSP) signals potential interest rate cuts, which may weaken the peso against the US dollar.
  • Geopolitical tensions are negatively impacting the USD, with ongoing uncertainties contributing to its decline and volatility.
  • The Federal Reserve's forecasted rate cuts are expected to further diminish the value of the USD, aligning with a broader trend of reduced investor confidence.

Range: The PHP/USD exchange rate is likely to drift within the recent range, as neither currency shows strong momentum at this time.

What could change it:

  • Upside risk: A sudden escalation in geopolitical tensions could lead to increased demand for the USD, driving it higher.
  • Downside risk: Confirmation of significant rate cuts by the BSP could further weaken the peso, pushing the exchange rate down.

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 =
0.017028We compare provider deals to this wholesale mid-market rate. Read more
USD
1d+0.2%
 
PHP to USD at 0.016953 is near its 3-month average, having traded in a stable 1.8% range from 0.016796 to 0.017101
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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