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    USD to PHP Exchange Rates

    Compare & Save on US dollar to Philippine peso FX rates - Check USD/PHP Trends and Forecasts.

     
    1 USD =
    55.09We compare provider deals to this wholesale mid-market rate. Read more
    PHP
    USD to PHP at 55.09 is 4.1% above its 90-day average 52.9 with range 51.33-55.10.
    |
    Sell USD   →   Buy PHP
    Track Rate
    90-DAYHIGH
     

    The Philippine peso has dropped 10 percent against the US dollar as the war in Ukraine causes a flight to safety.

     PHP Outlook

    DateUSD/PHPChangePeriod
    20 Jun 2022
    54.11
    1.7% 2 Week
    05 Apr 2022
    51.48
    6.9% 3 Month
    04 Jul 2021
    49.15
    12% 1 Year
    05 Jul 2017
    50.59
    8.8% 5 Year
    06 Jul 2012
    41.86
    31.5% 10 Year
    09 Jul 2002
    50.20
    9.6% 20 Year
    USD/PHP change over periods to 04-Jul-2022

    USD to PHP - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

     
    Compare Transfer Rates : Send $10,000 USD → Receive PHP
    ProviderReceive PHPUSD/PHP RateCost
    OFX
    Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals.
     
    See more
    10,000 USD =
    545,400 PHP
    Up to 32,000 PHP more
    1%
    See more
    54.541%
    WorldRemit
    Online Bank Transfers or Cash Pickup - e-Wallet payments. Large number of currencies.
     
    See more
    10,000 USD =
    542,983 PHP
    Get ₱2,417 less
    1.44%
    See more
    54.321.44%
    HSBC
    HSBC's profit margin is generally 2.5%-7% depending on currencies and amounts.
     
    See more
    10,000 USD =
    536,126 PHP
    Get ₱9,274 less
    2.69%
    See more
    53.722.69%
    TD Bank
    TD's profit margin is generally 4 - 8% depending on currencies and amounts.
     
    See more
    10,000 USD =
    531,628 PHP
    Get ₱13,772 less
    3.5%
    See more
    53.283.5%
    Paypal
    The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent.
     
    See more
    10,000 USD =
    527,800 PHP
    Get ₱17,600 less
    4.2%
    See more
    52.784.2%
    SHOW ALL
     
    10,000 USD =
    520,842 PHP
    Get ₱24,558 less
    5.46%
    52.225.46%
     Average Bank Rate 
    Chase Bank
    Chase Bank's FX wire margin is generally 3.5% - 8.0% depending on currencies and amounts.
     
    See more
    10,000 USD =
    520,800 PHP
    Get ₱24,600 less
    5.47%
    See more
    52.085.47%
    Wells Fargo Bank
    Wells Fargo's FX wire margin is generally 3.0% - 8.0% depending on currencies and amounts.
     
    See more
    10,000 USD =
    520,362 PHP
    Get ₱25,038 less
    5.55%
    See more
    52.135.55%
    Bank of America
    Bank of America's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts.
     
    See more
    10,000 USD =
    517,642 PHP
    Get ₱27,758 less
    6.04%
    See more
    51.926.04%
    U.S. Bank
    U.S. Bank's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts.
     
    See more
    10,000 USD =
    517,144 PHP
    Get ₱28,256 less
    6.13%
    See more
    51.876.13%
    Citibank
    Citibank's profit margin is generally 3 - 7% depending on currencies and amounts.
     
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    10,000 USD =
    515,381 PHP
    Get ₱30,019 less
    6.45%
    See more
    51.66.45%
    Deutsche Bank
    Deutsche Bank's profit margin is generally 3 - 7% depending on currencies and amounts.
     
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    10,000 USD =
    515,097 PHP
    Get ₱30,303 less
    6.5%
    See more
    52.036.5%
    CIBC
    CIBC's profit margin is generally 4 - 8% depending on currencies and amounts.
     
    See more
    10,000 USD =
    513,400 PHP
    Get ₱32,000 less
    6.81%
    See more
    51.346.81%
    Xoom
    Xoom offers a fast way to send money, reload phones, and pay bills around the world. Xoom is owned by PayPal.
     
    See more
    Amount above recommended Xoom maximum - 2,999 USD
    4.31%
    See more
    Wise
    Great rates for Transfers and Multi-currency Card. Get local accounts in 10 currencies.
     
    See more
    Amount above recommended Wise maximum - 5,000 USD
    1.34%
    See more
     
    ProviderOFX
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱545,400
    Exchange Rate1USD = 54.54 PHP
    Rate Margin1%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    1%
    Transfer Speed1-2 days
    Rate Retrieved06:04 Local - BER

    No fees on all your OFX transfers

    Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals.

     
    Submit a Rate for OFX to improve our service.
     
    ProviderWorldRemit
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱542,983
    Exchange Rate1USD = 54.32 PHP
    Rate Margin1.4%
    Other Fees$3.99
    Total Cost
    (Rate Margin + Fees)
    1.44%
    Difference
    Get ₱2,417 PHP less than withOFX
    Transfer Speed1-2 days
    Rate Retrieved06:04 Local - BER

    Online Bank Transfers or Cash Pickup - e-Wallet payments. Large number of currencies.

     
    Submit a Rate for WorldRemit to improve our service.
     
    ProviderHSBC
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱536,126
    Exchange Rate1USD = 53.72 PHP
    Rate Margin2.49%
    Other Fees$20
    Total Cost
    (Rate Margin + Fees)
    2.69%
    Difference
    Get ₱9,274 PHP less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:04 Local - BER

    HSBC's profit margin is generally 2.5%-7% depending on currencies and amounts.

     
    Submit a Rate for HSBC to improve our service.
     
    ProviderTD Bank
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱531,628
    Exchange Rate1USD = 53.28 PHP
    Rate Margin3.29%
    Other Fees$22
    Total Cost
    (Rate Margin + Fees)
    3.5%
    Difference
    Get ₱13,772 PHP less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved2022-07-05T06:00:04+0000

    TD's profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate for TD Bank to improve our service.
     
    ProviderPaypal
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱527,800
    Exchange Rate1USD = 52.78 PHP
    Rate Margin4.2%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    4.2%
    Difference
    Get ₱17,600 PHP less than withOFX
    Transfer Speed1-2 days
    BER Rating2/5.0
    Rate Retrieved06:04 Local - BER

    The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent.

     
    Submit a Rate for Paypal to improve our service.
     
    ProviderComparison Rate
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱520,842
    Exchange Rate1USD = 52.67 PHP
    Rate Margin4.4%
    Total Cost
    (Rate Margin + Fees)
    5.46%
    Difference
    Get ₱24,558 PHP less than withOFX
     
    ProviderChase Bank
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱520,800
    Exchange Rate1USD = 52.08 PHP
    Rate Margin5.47%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    5.47%
    Difference
    Get ₱24,600 PHP less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:04 Local - BER

    Chase Bank's FX wire margin is generally 3.5% - 8.0% depending on currencies and amounts.

     
    Submit a Rate for Chase Bank to improve our service.
     
    ProviderWells Fargo Bank
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱520,362
    Exchange Rate1USD = 52.13 PHP
    Rate Margin5.38%
    Other Fees$18
    Total Cost
    (Rate Margin + Fees)
    5.55%
    Difference
    Get ₱25,038 PHP less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:04 Local - BER

    Wells Fargo's FX wire margin is generally 3.0% - 8.0% depending on currencies and amounts.

     
    Submit a Rate for Wells Fargo Bank to improve our service.
     
    ProviderBank of America
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱517,642
    Exchange Rate1USD = 51.92 PHP
    Rate Margin5.76%
    Other Fees$30
    Total Cost
    (Rate Margin + Fees)
    6.04%
    Difference
    Get ₱27,758 PHP less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:04 Local - BER

    Bank of America's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts.

     
    Submit a Rate for Bank of America to improve our service.
     
    ProviderU.S. Bank
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱517,144
    Exchange Rate1USD = 51.87 PHP
    Rate Margin5.85%
    Other Fees$30
    Total Cost
    (Rate Margin + Fees)
    6.13%
    Difference
    Get ₱28,256 PHP less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:04 Local - BER

    U.S. Bank's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts.

     
    Submit a Rate for U.S. Bank to improve our service.
     
    ProviderCitibank
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱515,381
    Exchange Rate1USD = 51.60 PHP
    Rate Margin6.34%
    Other Fees$12
    Total Cost
    (Rate Margin + Fees)
    6.45%
    Difference
    Get ₱30,019 PHP less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:04 Local - BER

    Citibank's profit margin is generally 3 - 7% depending on currencies and amounts.

     
    Submit a Rate for Citibank to improve our service.
     
    ProviderDeutsche Bank
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱515,097
    Exchange Rate1USD = 52.03 PHP
    Rate Margin5.56%
    Other Fees$100.00 USD (1%)
    Total Cost
    (Rate Margin + Fees)
    6.5%
    Difference
    Get ₱30,303 PHP less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:04 Local - BER

    Deutsche Bank's profit margin is generally 3 - 7% depending on currencies and amounts.

     
    Submit a Rate for Deutsche Bank to improve our service.
     
    ProviderCIBC
    FX TypeForeign Transfer USD→PHP
    From Amount (USD) $10,000
    To Amount (PHP) ₱513,400
    Exchange Rate1USD = 51.34 PHP
    Rate Margin6.81%
    Other Fees$0
    Total Cost
    (Rate Margin + Fees)
    6.81%
    Difference
    Get ₱32,000 PHP less than withOFX
    Transfer Speed2-3 days
    Rate Retrieved06:04 Local - BER

    CIBC's profit margin is generally 4 - 8% depending on currencies and amounts.

     
    Submit a Rate for CIBC to improve our service.
     
    ProviderXoom
    FX TypeForeign Transfer USD→PHP
    MIN/MAX:Amount above recommended Xoom maximum - 2,999 USD
    Exchange Rate1USD = 52.72 PHP
    Rate Margin4.31%
    Total Cost
    (Rate Margin + Fees)
    4.31%
    Transfer Speed1-2 days
    BER Rating4.2/5.0
    Rate Retrieved06:04 Local - BER

    Xoom offers a fast way to send money, reload phones, and pay bills around the world. Xoom is owned by PayPal.

     
    Submit a Rate for Xoom to improve our service.
     
    ProviderWise
    FX TypeForeign Transfer USD→PHP
    MIN/MAX:Amount above recommended Wise maximum - 5,000 USD
    Exchange Rate1USD = 54.74 PHP
    Rate Margin0.64%
    Total Cost
    (Rate Margin + Fees)
    1.34%
    Transfer Speed1-2 days
    Rate Retrieved06:04 Local - BER

    Including Wire transfer fixed fee of 5.64 USD, Bank debit (ACH) is a variable 0.26%

    Great rates for Transfers and Multi-currency Card. Get local accounts in 10 currencies.

     
    Submit a Rate for Wise to improve our service.
     
    loading
    Cost % is Provider Rate Margin vs Mid-rate + Fees

    USD/PHP=55.0935
    90-DAYHIGH
    USDPHP chart
    My Rates
    USD/PHP Mid-rate Calculator
    * This table compares FX rates & fees of selected FX specialists and banks for USD to PHP International Money Transfers. Providers must be well established, reputable and regulated in the US as licensed money transmitters. We DO NOT compare every provider in the market. We may receive referral fees if you choose one of these providers however this will not affect the savings, exchange rates or fees you are charged by the provider.
     

    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest USD to PHP Exchange Rate (shown above) or a transaction fee and often both!

     

    Multi-Vendor Quote

    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).

    Request Quotes

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

       

    Country Guides - US dollar & Philippine peso

     
    United StatesUnited States (USD)PhilippinesPhilippines (PHP)
       
     

    How to get a good USD to PHP Exchange Rate

    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

    Generally speaking, if you are buying Philippine peso with US dollar, then it's good for the USD/PHP exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

    You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Philippines.

     

    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.

     
    Track Rate
     

    Manage My Rates

     

    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 can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.