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PHP to USD Forecasts – Philippine peso to US dollar

Latest PHP to USD forecasts including bank predictions, key market drivers and recent trends for PHP/USD. See where analysts expect the pair to move and the factors likely to influence it.

 

PHP to USD Forecast & Outlook

28 Mar 2026 • 00:59 GMT

PHP/USD 0.016552

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.0160 – 0.0170
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟢 Uptrend

Currently, PHP/USD is trading near its 90-day lows, supported by risk-off sentiment and safe-haven flows into USD. Over the next few sessions, the pair may remain supported by risk aversion, but overall conditions point to a slight weakening bias for the Philippine Peso in the near term.

💸 Transfer implications

  • Expats: sending money to USD may find exchange rates less favourable than recent levels.
  • Travellers: exchanging currency could face pressure if USD demand continues.
  • Businesses: paying USD invoices might see slightly increased costs in PHP terms.

🧭 Key drivers

  • Rate gap: The fierce US rate differential and Fed comments support USD strength, pressuring PHP.
  • Risk/commodities: Declining risk appetite and safe-haven demand are supporting USD broadly.
  • Global factors: Risk sentiment remains cautious, with safe-haven flows dominating investor preferences.

⚠️ What could change it

  • Upside risk: US risk sentiment stabilizes, reducing demand for safe-haven currencies.
  • Downside risk: A shift in risk appetite or improved sentiment could strengthen PHP.

Comparing FX providers may help offset less favourable exchange conditions and reduce transfer costs.

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 =
0.016556We compare provider deals to this wholesale mid-market rate. Read more
USD
1d−0.4%▼
90dLows◒
PHP to USD is at 90-day lows near 0.016552, 2.4% below its 3-month average of 0.016968, having traded in a quite stable 5.1% range from 0.016552 to 0.017389
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  1 USD = 60.40 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
14 Mar 2026
0.0168
2 Week
28 Dec 2025
0.0170
3 Month
28 Mar 2025
0.0174
1 Year
29 Mar 2021
0.0206
5 Year
30 Mar 2016
0.0217
10 Year
02 Apr 2006
0.0196
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