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USD to PHP 2025 Forecasts

Analysis of recent dollar → peso forecasts for 2025. We collate forecasts from respected FX analysts together with the latest US dollar to Philippine peso performance and trends.

 

The recent performance of the USD to PHP exchange rate has been shaped by several key developments in the global economic landscape. Analysts have noted that the US dollar (USD) has been benefitting from a combination of factors, including safe-haven flows and a reduction in expectations for interest rate cuts by the Federal Reserve. Additionally, hopeful remarks from the Trump administration regarding new trade deals have provided a temporary boost to the USD, although this outlook could shift if the anticipated agreements do not meet market expectations.

The USD has consistently demonstrated strength, influenced primarily by U.S. monetary policy, economic indicators, and geopolitical uncertainties. As the trade war dynamics continue, tariffs imposed on Philippine goods may weigh on the peso (PHP). In particular, recent developments suggest that the USD/PHP exchange rate is currently at 56.51, only slightly above its three-month average of 56.18. This stability indicates that the rate has remained within a relatively narrow range of 3.5%, fluctuating between 55.34 and 57.28.

Economists foresee challenges for the pace of PHP appreciation in the near term. For instance, ABN Amro has indicated that deteriorating external balances and an overvalued peso may lead to further depreciation against the USD in the longer term, with projections extending to 2025. The recent political backdrop in the Philippines, including concerns over the arrest of former president Rodrigo Duterte, adds a layer of uncertainty that could influence the currency's performance as the nation approaches mid-term elections.

Overall, the USD remains the dominant currency in global trade, and its current trajectory suggests it may continue to pose challenges for the PHP. The potential for ongoing political and economic instability, coupled with a fluctuating trade environment, underscores the importance of vigilant monitoring for businesses and individuals engaged in international transactions.

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 =
56.49We compare provider deals to this wholesale mid-market rate. Read more
PHP
-0.2%
USD to PHP at 56.51 is just 0.6% above its 3-month average of 56.18, having traded in a very stable 3.5% range from 55.34 to 57.28
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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
26 Jun 2025
56.48
0.2% 2 Week
11 Apr 2025
57.18
1.4% 3 Month
10 Jul 2024
58.29
3.3% 1 Year
11 Jul 2020
49.47
14% 5 Year
13 Jul 2015
45.15
24.9% 10 Year
15 Jul 2005
55.85
1% 20 Year
USD/PHP historic rates & change to 10-Jul-2025

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