Rates PHP Markets PHP to USD Foreign Transfers

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PHP to USD Transfers Compared

Compare live exchange rates, provider costs and current currency market data before you exchange.

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Compare PHP to USD rates

International money transfer rates Send 10,000 PHP → Receive USD

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Sending money to the United States can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to the United States bank accounts or pay a US dollar invoice.

Philippine peso to US dollar · PHP/USD trend

Review the recent market direction, current mid-market rate and significant movement alerts.

Current mid-market rate

1 PHP = 0.016300 USD

1D−0.6%▼

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Observed movement

90-day market context

PHP to USD is at 7-day lows near 0.016328, near its 3-month average, having traded in a very stable 2.6% range from 0.016164 to 0.016590

Forecast snapshot

Quick PHP/USD forecast

Near-term bias🟢 Mild upside

Expected range0.0170 – 0.0170

Dominant driver🌍 Global risk sentiment

3-month trend🟢 Uptrend

View full PHP/USD forecast

PHP/USD is near 0.016473, with a mild upside bias supported by US dollar strength and risk-off sentiment. The pair may stay firm in the short term, impacting transfers and expenses for expats, travelers, and businesses.

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PHP to USD Conversion: What Is Your Money Worth?

View common conversion amounts at today’s mid-market rate

To help you understand the real-world value of the current exchange rate, the table below shows how much Philippine peso are worth in US dollar across a range of amounts.

This gives a quick view of what you’d get when converting different PHP amounts at today’s rate * :

PHP	USD
₱ 1	$ 0.0163
₱ 5	$ 0.0815
₱ 10	$ 0.1630
₱ 20	$ 0.3260
₱ 50	$ 0.8150
₱ 100	$ 1.6300
₱ 250	$ 4.0750
₱ 500	$ 8.1500
₱ 1,000	$ 16.30
₱ 2,000	$ 32.60
₱ 5,000	$ 81.50
₱ 10,000	$ 163.00
₱ 20,000	$ 326.00
₱ 50,000	$ 815.00
₱ 100,000	$ 1,630

PHP	USD
₱ 61.35	$ 1
₱ 306.75	$ 5
₱ 613.50	$ 10
₱ 1,227	$ 20
₱ 3,068	$ 50
₱ 6,135	$ 100
₱ 15,338	$ 250
₱ 30,675	$ 500
₱ 61,350	$ 1,000
₱ 122,700	$ 2,000
₱ 306,750	$ 5,000
₱ 613,500	$ 10,000
₱ 1,227,000	$ 20,000
₱ 3,067,500	$ 50,000
₱ 6,135,000	$ 100,000

More amounts

*Converted at the current PHP-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

What is the best Send Money conversion rate for PHP to USD?

The best PHP to USD exchange rate is 0.0162 from Wise. This is -0.61% compared to the mid-market rate 0.016300.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Philippine peso (PHP) to US dollar (USD) rates from different sources before making a conversion.

The above Peso to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest PHP-USD mid-rate and the possible savings of using various providers.

How do PHP-USD rates compare between providers?

Looking at the full PHP to USD - Send Money comparison table the provider with the best PHP to USD exchange rate is Wise at 0.0162, -0.61% from the latest mid-market rate 0.016300.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

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This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Best Exchange Rates Pty Ltd, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional. We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date. BER’s AI-generated rate analysis is developed using newsmon.ai.

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