Best USD to PHP Exchange Rates - Compare Providers & Save

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U$1,000 USD
=
₱49,903 PHP

^*Converted at interbank exchange rate, scroll down to compare foreign transfer and spend/travel exchange rates.

What's in this USD to PHP guide?

Latest rate & 90-day trend
Quick conversion amounts
Comparing provider rates
Foreign transfer rates
Travel money rates
Market news & forecasts
How to get best rates
Historic rates

Latest interbank exchange rate:

1 USD = 49.90 PHP

Sell USD / Buy PHP

USD to PHP 90-day trend

1-DAY▼0.6%

USD/PHP at 49.9 was trading 1.6% below AVG:50.71 with LO:49.87 and HI:51.73 (90 days). ALERT: Today USD/PHP is DOWN 0.6%

04-JUN 2PM-NY 7PM-LON 05-JUN 2AM-HK 4AM-SYD

Convert USD to PHP ⚇ More Charts

US Dollar to Philippine Peso - Quick Conversions

USD	PHP
U$ 1	₱ 49.90
U$ 5	₱ 249.50
U$ 10	₱ 499.00
U$ 20	₱ 998.00
U$ 50	₱ 2,495
U$ 100	₱ 4,990
U$ 250	₱ 12,475
U$ 500	₱ 24,950
U$ 1,000	₱ 49,900
U$ 2,000	₱ 99,800
U$ 5,000	₱ 249,500
U$ 10,000	₱ 499,000
U$ 50,000	₱ 2,495,000
U$ 100,000	₱ 4,990,000
More amounts

USD	PHP
U$ 0.0200	₱ 1
U$ 0.1002	₱ 5
U$ 0.2004	₱ 10
U$ 0.4008	₱ 20
U$ 1.0020	₱ 50
U$ 2.0039	₱ 100
U$ 5.0098	₱ 250
U$ 10.02	₱ 500
U$ 20.04	₱ 1,000
U$ 40.08	₱ 2,000
U$ 100.20	₱ 5,000
U$ 200.39	₱ 10,000
U$ 1,002	₱ 50,000
U$ 2,004	₱ 100,000
More amounts

To calculate your own USD/PHP amounts use our Convert USD to PHP quick calculator.

Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for USD/PHP International Money Transfers. Costs are calculated against the current interbank mid-rate.

USD to PHP International Money Transfers

Send U$1,000 U.S. dollar USD → Philippine peso PHP

Foreign Transfer Provider	Receive PHP(₱)	Exchange Rate	Fee USD	Deal Links
XE International Money Transfers	₱49,210 1.5% Best Overall	49.21	0	Visit Site
OFX International Money Transfers	₱48,020 3.88% ₱1,190 less	48.02	0^	Visit Site
HSBC International Money Transfers	₱47,089 5.74% ₱2,121 less	47.16	U$1.50
U.S. Bank International Money Transfers	₱46,960 6% ₱2,250 less	46.96	0
Wells Fargo Bank International Money Transfers	₱46,266 7.39% ₱2,944 less	47.21	U$20
Bank of America International Money Transfers	₱46,256 7.41% ₱2,954 less	46.96	U$15
Banks - Average Rate Average of bank rates	₱46,643 6.63% ₱2,567 less	47.07	15

Visit XE

XE: Foreign Transfer USD→PHP
From Amount (USD)	U$1,000
Fee:
Exchange Rate:	49.21 (1.5% from mid-rate)
To Amount (PHP)	₱49,210
Total Cost:	1.5%
Time:	17:30 Local
Transfer Speed:	1-2 days
Services:	Bank Transfers - Online & Phone
Rating:	: 3.5/5.0
Reviews:	1 Review

Visit OFX

OFX: Foreign Transfer USD→PHP
From Amount (USD)	U$1,000
Fee:	0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:	48.02 (3.88% from mid-rate)
To Amount (PHP)	₱48,020
Total Cost:	3.88%
Difference:	₱1,190 PHP less than using XE
Time:	Rate Fetched: Thu Jun 04 2020 17:04:02 GMT+0000 (UTC)
Transfer Speed:	1-2 days
Services:	Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:	: 4.8/5.0
Reviews:	20 Reviews

HSBC: Foreign Transfer USD→PHP
From Amount (USD)	U$1,000
Fee:	U$1.50 USD (.15%)
Exchange Rate:	47.16 (5.6% from mid-rate)
To Amount (PHP)	₱47,089
Total Cost:	5.74%
Difference:	₱2,121 PHP less than using XE
Time:	17:30 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Reviews:

U.S. Bank: Foreign Transfer USD→PHP
From Amount (USD)	U$1,000
Fee:	0
Exchange Rate:	46.96 (6% from mid-rate)
To Amount (PHP)	₱46,960
Total Cost:	6%
Difference:	₱2,250 PHP less than using XE
Time:	17:30 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Reviews:

Wells Fargo Bank: Foreign Transfer USD→PHP
From Amount (USD)	U$1,000
Fee:	U$20 USD (Minimum fee)
Exchange Rate:	47.21 (5.5% from mid-rate)
To Amount (PHP)	₱46,266
Total Cost:	7.39%
Difference:	₱2,944 PHP less than using XE
Time:	17:30 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Reviews:

Bank of America: Foreign Transfer USD→PHP
From Amount (USD)	U$1,000
Fee:	U$15 USD (Minimum fee)
Exchange Rate:	46.96 (6% from mid-rate)
To Amount (PHP)	₱46,256
Total Cost:	7.41%
Difference:	₱2,954 PHP less than using XE
Time:	17:30 Local
Transfer Speed:	2-3 days
Services:	Online, Branch, Bank Transfers
Rating:	: /5.0
Reviews:

Banks - Average Rate

Foreign Transfer USD→PHP
From Amount (USD)	U$1,000
Fee:	15
Exchange Rate:	46.87 (6.18% from mid-rate)
To Amount (PHP)	₱46,643
Total Cost:	6.63%
Difference:	₱2,567 PHP less than using XE
Transfer Speed:
Services:

Snapshot 06/04/2020 - View live rates

The below comparison table displays the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

USD to PHP - Travel Money & Cards

U$1,000 U.S. dollar USD → Philippine peso PHP

Provider	Amount PHP(₱)	Exchange Rate	Fee USD	Deal Links
TransferWise Card	₱49,461 0.99% Best Overall	49.71	U$5.00	Visit Site
U.S. Bank Foreign Cash	₱46,760 6.4% ₱2,701 less	46.76	0
Banks - Average Rate Average of bank rates	₱46,293 7.33% ₱3,168 less	46.76	15
Wells Fargo Bank Foreign Cash	₱45,825 8.27% ₱3,636 less	46.76	U$20
Travelex Online Foreign Cash	₱43,253 13.42% ₱6,208 less	43.2533	0^	Visit Site

Visit TransferWise

TransferWise: Travel Money USD→PHP
From Amount (USD)	U$1,000
Fee:	U$5.00 USD (0.5% + U$1)
Exchange Rate:	49.71 (-0.49% from mid-rate)
To Amount (PHP)	₱49,461
Total Cost:	0.99%
Time:	17:30 Local
Currency Services:	Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:	5-7 days
Rating:	: 4.6/5.0
Reviews:	4 Reviews

U.S. Bank: Travel Money USD→PHP
From Amount (USD)	U$1,000
Fee:	0
Exchange Rate:	46.76 (-6.4% from mid-rate)
To Amount (PHP)	₱46,760
Total Cost:	6.4%
Time:	17:30 Local
Currency Services:	Branch
Delivery/Collect:	-
Rating:	: /5.0
Reviews:

Banks - Average Rate

Travel Money USD→PHP
From Amount (USD)	U$1,000
Fee:	15
Exchange Rate:	43.71 (-12.5% from mid-rate)
To Amount (PHP)	₱46,293
Total Cost:	7.33%
Currency Services:	Branch
Delivery/Collect:	-

Wells Fargo Bank: Travel Money USD→PHP
From Amount (USD)	U$1,000
Fee:	U$20 USD (Minimum fee)
Exchange Rate:	46.76 (-6.4% from mid-rate)
To Amount (PHP)	₱45,825
Total Cost:	8.27%
Time:	17:30 Local
Currency Services:	Branch
Delivery/Collect:	-
Rating:	: /5.0
Reviews:

Visit Travelex Online

Travelex Online: Travel Money USD→PHP
From Amount (USD)	U$1,000
Fee:	$0 - No fees for Debit & Credit Cards
Exchange Rate:	43.2533 (-13.42% from mid-rate)
To Amount (PHP)	₱43,253
Total Cost:	13.42%
Time:	Rate Fetched: Thu Jun 04 2020 17:30:03 GMT+0000 (UTC)
Currency Services:	FREE Home delivery & Branch pickup
Delivery/Collect:	2-3 days
Rating:	: 4.3/5.0
Reviews:	13 Reviews

Snapshot 06/04/2020 - View live rates

Philippine Peso (PHP) Country Guides

Philippines (PHP)

US Dollar and Philippine Peso Forecasts

When determining the best time to make a foreign exchange transaction, in this case the USD vs PHP, you should pay attention to the recent market trends for both currencies.

US Dollar (USD)

In early May the continuing coronavirus pandemic and an associated possible re-escalation in the US-China trade tensions has moved the market into safer currencies such as the USD and JPY.

Goldman Sachs and RBC Capital forecast a large drop for US dollar against Japanese Yen to continue with a USD/JPY rate of 95 in the near future.

The US dollar held its value in 2019 despite the US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others.

Philippine Peso (PHP)

It’s been a solid start to 2019 for the Philippine peso, which is up slightly (between 0.6 and 2 percent) against the US dollar, Australian dollar and euro. The peso has rebounded from 13-year lows struck in the fourth quarter of last year courtesy of economic reforms, proposed fiscal spending and an S&P credit rating upgrade.

The peso slipped in the week leading up to May’s Bangko Sentral ng Pilipinas meeting, with traders correctly forecasting an interest rate cut (the first since 2016). The BSP is able to lower rates because inflation has halved over the past 6 months and is back at targeted levels.

The peso steadied post-BSP at levels near 52.2 per USD but might be pressured in the months ahead from further policy easing, which hasn’t been ruled out.

Per an ING analyst, the BSP will be comfortable with peso exchange rates between 52 and 55 per USD, but beyond these levels they might intervene in markets. ING is forecasting USD/PHP at 54 at year-end.

How to get Best USD to PHP Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

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

What is a good USD to PHP exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the USD to PHP exchange rate over periods upto 10 years.

USD/PHP	Period to 03-Jun	Date	Rate
1.6% ▼	1 Week	27 May 2020	50.6787
1.5% ▼	30 Days	04 May 2020	50.6388
1.4% ▼	90 Days	05 Mar 2020	50.5900
3.7% ▼	1 Year	04 Jun 2019	51.7799
10.9% ▲	5 Years	05 Jun 2015	44.9650
7.2% ▲	10 Years	06 Jun 2010	46.5110

USD/PHP 10 year rates & changes to 03-Jun-2020 (49.8754)

When is the best time to exchange USD to PHP?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

We help you Save Money on Exchange Rates.

Foreign Transfers Travel Money

View all USD Exchange Rates

USD to PHP - Exchange Rate Overview