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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.

 

The market bias for the PHP to USD exchange rate is bearish. Key drivers include:

  • The interest rate differential is narrowing as the Bangko Sentral ng Pilipinas cut rates while expectations for the Federal Reserve to enact further monetary easing are growing.
  • Global economic growth is improving, but this may lead to volatility as commodity prices shift, potentially influencing USD strength.
  • The Philippines is facing economic challenges, including a downward revision of GDP growth forecasts, which could impact investor sentiment.

In the near term, expect the PHP to trade within a limited range, potentially showing slight weakness based on recent performance levels.

Upside risks include a significant improvement in domestic economic policies boosting investor confidence. Conversely, downside risks persist if further depreciation occurs due to additional Fed rate cuts or worsening economic conditions in the Philippines.

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 =
0.016883We compare provider deals to this wholesale mid-market rate. Read more
USD
1d−0.2%▼
14dLows◒
PHP to USD is at 14-day lows near 0.016859, just 0.9% below its 3-month average of 0.017019, having traded in a very stable 2.3% range from 0.016845 to 0.017229
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  1 USD = 59.23 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.

DatePHP/USDPeriod
20 Dec 2025
0.0171
2 Week
05 Oct 2025
0.0173
3 Month
03 Jan 2025
0.0172
1 Year
04 Jan 2021
0.0208
5 Year
06 Jan 2016
0.0212
10 Year
08 Jan 2006
0.0190
20 Year
PHP/USD historic rates

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