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USD to PHP Calculator

United States Dollar to Philippine Peso - Convert Compare Save

USD to PHP mid-rate = 52.8555

Right now the USD/PHP market mid-rate is 52.8555 and represents ideally how many Philippine Peso you can get for one United States Dollar.

You can calculate equivalent United States Dollar to Philippine Peso currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for USD to PHP transfers or buying PHP travel money.

USD / PHP Converter


$USD


₱PHP
1 United States Dollar equals
52.8555 Philippine Peso

Compare how much you can save on
USD/PHP exchange rates for:

Foreign Transfers Travel Cash/Cards

 
 
3 Month USD to PHP Chart
Loading USD/PHP rates

United States Dollar

Philippine Peso

1 USD 52.86 PHP
5 USD 264.28 PHP
10 USD 528.56 PHP
20 USD 1,057.11 PHP
50 USD 2,642.78 PHP
100 USD 5,285.55 PHP
250 USD 13,213.88 PHP
500 USD 26,427.75 PHP
1,000 USD 52,855.50 PHP
2,000 USD 105,711.00 PHP
5,000 USD 264,277.50 PHP
10,000 USD 528,555.00 PHP
50,000 USD 2,642,775.00 PHP
100,000 USD 5,285,550.00 PHP
See more

United States Dollar

Philippine Peso

0.0189 USD 1 PHP
0.0946 USD 5 PHP
0.1892 USD 10 PHP
0.3784 USD 20 PHP
0.9460 USD 50 PHP
1.8919 USD 100 PHP
4.7298 USD 250 PHP
9.4595 USD 500 PHP
18.92 USD 1,000 PHP
37.84 USD 2,000 PHP
94.60 USD 5,000 PHP
189.19 USD 10,000 PHP
945.95 USD 50,000 PHP
1,891.90 USD 100,000 PHP
See more

PHP Country Guides
PhilippinesPhilippines

United States Dollar to Philippine Peso (USD-PHP) - 10 Year History

The below table shows the historic variation in the USD/PHP exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
10 Dec 201852.8900Latest
03 Dec 201852.57351 Week+0.6%
10 Nov 201853.12701 Month-0.45%
13 Jun 201853.21506 Months-0.61%
10 Dec 201750.44141 Year+4.85%
10 Dec 201649.85752 Years+6.08%
11 Dec 201344.17535 Years+19.73%
12 Dec 200848.098910 Years+9.96%

Best Rates for USD/PHP Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.

You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from USD to PHP.

Compare USD to PHP Foreign Transfers vs the Banks

ProvidersAmount PHP(₱)Exchange RateFee USDTotal CostTransfer SpeedTransfer ServicesReviewsDeal Links
WorldFirst logo
526,400 PHP
Top Provider
52.6400.39%1-2 daysOnline, Bank Account to Bank Account
 
OFX logo
513,100 PHP
PHP13,300 less
51.310^2.91%1-2 daysOnline, Bank Account to Bank Account
 
Wells Fargo Bank logo
502,494 PHP
PHP23,906 less
50.34184.92%2-3 daysOnline, Branch, Bank Account to Bank Account
HSBC logo
502,146 PHP
PHP24,254 less
50.29$154.98%2-3 daysOnline, Branch, Bank Account to Bank Account
Bank Average
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
499,056 PHP
PHP27,344 less
50.2155.57%2-3 daysOnline, Branch, Bank Account to Bank Account
Bank of America
Bank of America logo
495,792 PHP
PHP30,608 less
50.08$1006.18%2-3 daysOnline, Branch, Bank Account to Bank Account
U.S. Bank
U.S. Bank logo
495,792 PHP
PHP30,608 less
50.08$1006.18%2-3 daysOnline, Branch, Bank Account to Bank Account
WorldFirst: Foreign Transfer USD→PHP
USD amount:$10,000 USD
Fee:
Exchange Rate:52.64 (0.39% from mid-rate)
PHP amount:526,400 PHP
Total Cost:0.39%
Time:0:08 Local
Transfer Speed:1-2 days
Services:Online, Bank Account to Bank Account
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer USD→PHP
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:51.31 (2.91% from mid-rate)
PHP amount:513,100 PHP
Total Cost:2.91%
Difference:
PHP13,300 PHP less than using WorldFirst
Time:
Rate Fetched: Mon Dec 10 2018 22:04:03 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Online, Bank Account to Bank Account
Rating:
 
: 4.8/5.0
Reviews:
Wells Fargo Bank: Foreign Transfer USD→PHP
USD amount:$10,000 USD
Fee:18
Exchange Rate:50.34 (4.74% from mid-rate)
PHP amount:502,494 PHP
Total Cost:4.92%
Difference:
PHP23,906 PHP less than using WorldFirst
Time:0:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Rating:
: /5.0
Reviews:
HSBC: Foreign Transfer USD→PHP
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:50.29 (4.84% from mid-rate)
PHP amount:502,146 PHP
Total Cost:4.98%
Difference:
PHP24,254 PHP less than using WorldFirst
Time:0:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo

Foreign Transfer USD→PHP
USD amount:$10,000 USD
Fee:15
Exchange Rate:49.98 (5.43% from mid-rate)
PHP amount:499,056 PHP
Total Cost:5.57%
Difference:
PHP27,344 PHP less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Bank of America: Foreign Transfer USD→PHP
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:50.08 (5.24% from mid-rate)
PHP amount:495,792 PHP
Total Cost:6.18%
Difference:
PHP30,608 PHP less than using WorldFirst
Time:0:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Rating:
: /5.0
Reviews:
U.S. Bank: Foreign Transfer USD→PHP
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:50.08 (5.24% from mid-rate)
PHP amount:495,792 PHP
Total Cost:6.18%
Difference:
PHP30,608 PHP less than using WorldFirst
Time:0:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Account to Bank Account
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers Get Quotes
Total Cost = provider fees + exchange rate margin vs USD/PHP mid-rate: 52.8471
Rates @ 12/11/2018

The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.

Compare USD to PHP Travel Money Exchange Rates vs the Banks

ProvidersAmount PHP(₱)Exchange RateFee USDTotal CostReviewsDeal Links
Wells Fargo Bank logo
49,480 PHP
Top Provider
50.49$206.37%
Bank Average
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
49,475 PHP
PHP5 less
49.98$106.38%
U.S. Bank
U.S. Bank logo
49,470 PHP
PHP10 less
49.4706.39%
Travelex Online US logo
45,774 PHP
PHP3,706 less
45.77390^13.38%
 
Wells Fargo Bank: Travel Money USD→PHP
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:50.49 (4.46% from mid-rate)
PHP amount:49,480 PHP
Total Cost:6.37%
Time:0:08 Local
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo

Travel Money USD→PHP
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:46.24 (12.5% from mid-rate)
PHP amount:49,475 PHP
Total Cost:6.38%
U.S. Bank: Travel Money USD→PHP
USD amount:$1,000 USD
Fee:0
Exchange Rate:49.47 (6.39% from mid-rate)
PHP amount:49,470 PHP
Total Cost:6.39%
Time:0:08 Local
Rating:
: /5.0
Reviews:
Travelex Online US: Travel Money USD→PHP
USD amount:$1,000 USD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:45.7739 (13.38% from mid-rate)
PHP amount:45,774 PHP
Total Cost:13.38%
Time:
Rate Fetched: Mon Dec 10 2018 22:15:03 GMT+0000 (UTC)
Rating:
 
: 4.3/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers Get Quotes
Total Cost = provider fees + exchange rate margin vs USD/PHP mid-rate: 52.8471
Rates @ 12/11/2018

Why can't I just get the USD/PHP market rate I see on Google or in the Media?

The USD/PHP mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / PHP was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/PHP midrate the better deal you are getting.

USD to PHP mid-rate on google

USD to PHP mid-rate on google search

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to PHP exchange rate

  1. Know the latest USD/PHP market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.


Currency News, Research and Forecasts for United States Dollar and Philippine Peso

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs PHP, you should pay attention to both United States Dollar and Philippine Peso news and forecasts.

United States Dollar (USD) - Market news and forecasts

2018 has been a good year for the dollar; certainly much better than 2017, in which the world’s reserve currency lost 10 percent of its value on a trade-weighted basis. Entering the third week of November 2018, the dollar stood nearly 5 percent higher than its level on January 1st. The dollar benefitted in the month leading up to this report from Brexit uncertainty in Europe and from a collapse in the oil market, which saw its value rise against petro-currencies.

Seasonality becomes an important supporting factor for the dollar approaching year-end, and especially in November. Since 2010, the dollar has averaged trade-weighted gains of 1.8 percent in November and 0.2 percent in December.

In September, Citibank said of the dollar’s 6-12-month outlook that 3-4 percent upside was likely, followed by an 11 percent loss in the long term. It predicted EUR/USD climbing as high as $1.30, from levels in the high $1.13s at the time of writing.

Like Citi, ING remain long-term bearish on the dollar. ING isn't ruling out interventions and jawboning from Washington aimed at weakening the dollar. President Trump clearly would like a far weaker currency.

J.P. Morgan said in November that the dollar would be worth slightly more in the first half of 2019, before weakening slightly in the second half of the year.

Philippine Peso (PHP) - Market news and forecasts

Since 2013, the Philippine peso has been among the world’s worst performing currencies. The second quarter of 2018 saw the peso fall to its lowest levels since 2005 at rates per US dollar in the mid-₱54s. With October and early November’s recovery (see below) to 53 per dollar, the peso reduced its year-to-date loss to only 5.7 percent versus the greenback. Against the euro, the peso was little changed (₱60.22) on the year, and it was marginally higher against the Australian dollar (₱38.33).

The principal reasons for peso weakness remain the Philippines’ trade deficit, which in 2017 was the largest ever recorded at $29.8 billion, and inflation, which reached 6.7 percent in the year to September.

On November 8th (the day of this report), the peso achieved its highest level against the dollar in 5 months and its highest level against the euro in 10 months. Short-term peso strength has been the result of a “perception that inflation has peaked,” said a Union Bank of the Philippines economist.

For 2019, the peso’s downtrend will likely resume, per the remarks of DBS’ chief economist, who believes that “a very similar dynamic” of peso weakness will play out.


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