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USD to PHP 10 - Exchange Rate Overview

US Dollar to Philippine Peso exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

U$0.196939 USD
=
₱10 PHP

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


 

Latest interbank exchange rate:

1 USD = 50.78 PHP

Sell USD / Buy PHP 

 
USD to PHP 90-day trend
14-DAY-HI (2d)
USD/PHP at 50.79 was trading near AVG:50.75 with LO:50.24 and HI:51.73 (90 days). There are no current rate alerts.
24-MAY 5PM-NY 10PM-LON 25-MAY 5AM-HK 7AM-SYD

US Dollar to Philippine Peso - Quick Conversions

USD PHP
U$ 1 50.78
U$ 5 253.90
U$ 10 507.80
U$ 20 1,016
U$ 50 2,539
U$ 100 5,078
U$ 250 12,695
U$ 500 25,390
U$ 1,000 50,780
U$ 2,000 101,560
U$ 5,000 253,900
U$ 10,000 507,800
U$ 50,000 2,539,000
U$ 100,000 5,078,000
More amounts
USD PHP
U$ 0.0197 ₱ 1
U$ 0.0985 ₱ 5
U$ 0.1969 ₱ 10
U$ 0.3939 ₱ 20
U$ 0.9847 ₱ 50
U$ 1.9694 ₱ 100
U$ 4.9235 ₱ 250
U$ 9.8470 ₱ 500
U$ 19.69 ₱ 1,000
U$ 39.39 ₱ 2,000
U$ 98.47 ₱ 5,000
U$ 196.94 ₱ 10,000
U$ 984.70 ₱ 50,000
U$ 1,969 ₱ 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

Foreign Transfer Provider Receive PHP(₱) Exchange RateFee USDDeal Links
XE logo
50,020
0%
Best Overall
50.020
OFX logo
48,861
0%
₱1,159 less
48.86120^
U.S. Bank International Money Transfers
U.S. Bank logo
47,640
0%
₱2,380 less
47.640
Bank of America International Money Transfers
Bank of America logo
46,925
0%
₱3,095 less
47.64U$15
HSBC logo
47,768
0%
₱2,252 less
47.84U$1.50
Wells Fargo Bank logo
46,922
0%
₱3,098 less
47.88U$20
Banks - Average Rate
U.S. Bank logo Bank of America logo HSBC logo Wells Fargo Bank logo
47,314
0%
₱2,706 less
47.7515
 
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XE: Foreign Transfer USD→PHP
From Amount (USD)U$1,000
Fee:
Exchange Rate:50.02 (1.51% from mid-rate)
To Amount (PHP)50,020
Total Cost:0%
Time:20:30 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
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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:48.8612 (3.79% from mid-rate)
To Amount (PHP)48,861
Total Cost:0%
Difference:
₱1,159 PHP less than using XE
Time:
Rate Fetched: Sun May 24 2020 20:04:00 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
U.S. Bank logo
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U.S. Bank: Foreign Transfer USD→PHP
From Amount (USD)U$1,000
Fee:0
Exchange Rate:47.64 (6.19% from mid-rate)
To Amount (PHP)47,640
Total Cost:0%
Difference:
₱2,380 PHP less than using XE
Time:20:30 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Bank of America logo
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Bank of America: Foreign Transfer USD→PHP
From Amount (USD)U$1,000
Fee:U$15 USD (Minimum fee)
Exchange Rate:47.64 (6.19% from mid-rate)
To Amount (PHP)46,925
Total Cost:0%
Difference:
₱3,095 PHP less than using XE
Time:20:30 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
HSBC logo
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HSBC: Foreign Transfer USD→PHP
From Amount (USD)U$1,000
Fee:U$1.50 USD (.15%)
Exchange Rate:47.84 (5.8% from mid-rate)
To Amount (PHP)47,768
Total Cost:0%
Difference:
₱2,252 PHP less than using XE
Time:20:30 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Wells Fargo Bank logo
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Wells Fargo Bank: Foreign Transfer USD→PHP
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:47.88 (5.72% from mid-rate)
To Amount (PHP)46,922
Total Cost:0%
Difference:
₱3,098 PHP less than using XE
Time:20:30 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
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Foreign Transfer USD→PHP
From Amount (USD)U$1,000
Fee:15
Exchange Rate:47.54 (6.39% from mid-rate)
To Amount (PHP)47,314
Total Cost:0%
Difference:
₱2,706 PHP less than using XE
Transfer Speed:
Services:
 
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Snapshot 05/24/2020 - 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

Provider Amount PHP(₱) Exchange RateFee USDDeal Links
Travelex Online logo
44,025
0%
Best Overall
44.02470^
U.S. Bank Foreign Cash
U.S. Bank logo
47,540
0%
₱3,515 more
47.540
Wells Fargo Bank logo
46,589
0%
₱2,564 more
47.54U$20
50,277
0%
₱6,252 more
50.53U$5.00
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
47,065
0%
₱3,040 more
47.5415
 
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Travelex Online: Travel Money USD→PHP
From Amount (USD)U$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:44.0247 (-13.31% from mid-rate)
To Amount (PHP)44,025
Total Cost:0%
Time:
Rate Fetched: Sun May 24 2020 20:30:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
U.S. Bank logo
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U.S. Bank: Travel Money USD→PHP
From Amount (USD)U$1,000
Fee:0
Exchange Rate:47.54 (-6.39% from mid-rate)
To Amount (PHP)47,540
Total Cost:0%
Time:20:30 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Wells Fargo Bank logo
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Wells Fargo Bank: Travel Money USD→PHP
From Amount (USD)U$1,000
Fee:U$20 USD (Minimum fee)
Exchange Rate:47.54 (-6.39% from mid-rate)
To Amount (PHP)46,589
Total Cost:0%
Time:20:30 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
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TransferWise: Travel Money USD→PHP
From Amount (USD)U$1,000
Fee:U$5.00 USD (0.5% + U$1)
Exchange Rate:50.53 (-0.5% from mid-rate)
To Amount (PHP)50,277
Total Cost:0%
Time:20:30 Local
Currency Services:Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:5-7 days
Rating:
 
: 4.6/5.0
Reviews:
 
Banks - Average Rate
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Travel Money USD→PHP
From Amount (USD)U$1,000
Fee:15
Exchange Rate:44.44 (-12.49% from mid-rate)
To Amount (PHP)47,065
Total Cost:0%
Currency Services:Branch
Delivery/Collect:-
 
loading
Snapshot 05/24/2020 - View live rates
 
 

Philippine Peso (PHP) Country Guides

PhilippinesPhilippines (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.

Read more in the article USD Forecasts.

 

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/PHPPeriod to 22-MayDateRate
0.2% ▲1 Week15 May 202050.6339
0.2% ▲30 Days22 Apr 202050.6779
0.3% ▼90 Days22 Feb 202050.8903
3.2% ▼1 Year23 May 201952.4205
13.7% ▲5 Years24 May 201544.6401
7.7% ▲10 Years25 May 201047.1251
USD/PHP 10 year historic rates & changes to 22-May-2020 (50.7556)
 

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