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USD to PHP Forecasts – US dollar to Philippine peso

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

 

USD to PHP Forecast & Outlook

25 Apr 2026 • 01:04 GMT

USD/PHP 60.70

📊 Forecast snapshot

  • Near-term bias: 🟢 Mild upside
  • Expected range: 60.7000 – 61.8440
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟢 Uptrend

USD/PHP is trading close to 14-day highs near 60.70, supported by global risk-off sentiment and geopolitical tension. It remains within its recent range but is above the 3-month average. Near-term conditions suggest the pair may continue to find support around current levels if risk aversion persists.

💸 Transfer implications

  • Expats: sending money to the Philippines may find current exchange conditions relatively favourable than recent levels.
  • Travellers: buying PHP cash or loading currency cards might benefit from the pair trading close to recent highs.
  • Businesses: paying PHP invoices could face higher costs if USD strength sustains.

🧭 Key drivers

  • Rate gap: USD remains supported by a widening global yield and policy differential, with no direct peg affecting USD/PHP.
  • Risk/commodities: Global risk-off sentiment and geopolitical tensions underpin USD demand.
  • Global factors: Persistent geopolitical tensions and uncertain global growth prospects support safe-haven flows.

⚠️ What could change it

  • Upside risk: Easing geopolitical tensions or a shift in risk appetite could weaken USD/PHP.
  • Downside risk: A surprising easing of global risk aversion or a stronger Philippine peso could pressure the pair.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

USD-PHP Rate Calculator

 
 
   
   
   
   
   
 
 

USD to PHP Market Data

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

 
Sell USD   →   Buy PHP
1 USD =
61.31We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d+0.1%▲
90dHighs◓
USD to PHP is at 90-day highs near 60.78, 2.5% above its 3-month average of 59.29, having traded in a quite stable 5.7% range from 57.51 to 60.78
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  1 PHP = 0.016311 USD

Compare & Save - US dollar to Philippine peso

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

Use our USD to PHP 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 Dollar to Peso currency rates and the possible savings of using various providers.

 
 

Will the US dollar rise against the Philippine peso?

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

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

DateUSD/PHPChangePeriod
14 Apr 2026
59.80
1.9% ▲2 Week
28 Jan 2026
58.78
3.7% ▲3 Month
28 Apr 2025
56.40
8% ▲1 Year
29 Apr 2021
48.30
26.1% ▲5 Year
30 Apr 2016
47.00
29.6% ▲10 Year
03 May 2006
51.32
18.7% ▲20 Year
USD/PHP historic rates & change to 28-Apr-2026

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 USD/PHP 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