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USD to PHP - Best Rates Guide

We review US dollar to Philippine peso latest & historic FX rates along with recent USD/PHP Trend and Alerts.

 
 
US dollar to Philippine peso
Sell USD   →   Buy PHP
1 USD = 47.78 PHP
1 PHP = 0.020929 USD
  
USDPHP at 47.78 has fallen 1.3% below its 90-day average, range 47.78-48.97.
90DLOW
|
Alert:90DLOW |
 
USD to PHP Interbank mid-market We compare bank & FX provider rates to these wholesale mid-market rates. Read more rate

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Comparing USD/PHP Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale USD/PHP rate ( interbank mid-rate) plus fixed or percentage fees.

These margins and fees can vary significantly for USD to PHP International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Note the total cost will also vary on the currencies and total amount being exchanged.

 
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We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

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Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
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US dollar to Philippine peso - Quick Convert

USD PHP
$ 1 47.78
$ 5 238.90
$ 10 477.80
$ 20 955.60
$ 50 2,389
$ 100 4,778
$ 250 11,945
$ 500 23,890
$ 1,000 47,780
$ 2,000 95,560
$ 5,000 238,900
$ 10,000 477,800
$ 50,000 2,389,000
$ 100,000 4,778,000
More amounts
USD PHP
$ 0.0209 ₱ 1
$ 0.1046 ₱ 5
$ 0.2093 ₱ 10
$ 0.4186 ₱ 20
$ 1.0465 ₱ 50
$ 2.0929 ₱ 100
$ 5.2323 ₱ 250
$ 10.46 ₱ 500
$ 20.93 ₱ 1,000
$ 41.86 ₱ 2,000
$ 104.65 ₱ 5,000
$ 209.29 ₱ 10,000
$ 1,046 ₱ 50,000
$ 2,093 ₱ 100,000
More amounts

Calculate other USD/PHP amounts (from or to) at mid-market with our USD to PHP Calculator .

 

US dollar and Philippine peso News

 

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)

 USD Markets

 

Philippine peso (PHP)

In September 2020 the Philippine peso climbed to a three-year high against the US dollar. Migrant workers from Asia’s developing countries, such as the Philippines, have been sending home record amounts of money in recent months, defying pandemic expectations and propping up home economies at a critical time.

However, it appears workers are just sending money home in advance of their own return due to a bleak job market, particularly in the Middle East.

The Philippines government, expects almost 300,000 overseas Filipinos to come home this year, with potentially severe consequences as remittances make up about 10% of the economy.

   

Country Guides - Philippine peso

 
PhilippinesPhilippines (PHP)
   

How to get Good USD to PHP Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

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 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.

USD/PHPChangePeriod
48.2398
30 Apr 2021
0.9% ▼1 Week
48.6294
07 Apr 2021
1.7% ▼30 Days
48.0295
06 Feb 2021
0.5% ▼90 Days
50.4942
07 May 2020
5.4% ▼1 Year
47.0934
08 May 2016
1.5% ▲5 Years
42.9583
10 May 2011
11.2% ▲10 Years

USD/PHP 10 year historic rates & change to 07-May-2021 : 47.7833

 
   

Will the US dollar rise against the Philippine peso?

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 BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair for tracking in your watchlist we will automatically check the exchange rate for any UP or DOWN move over a range of periods over the recent 90 days.