Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

PHP to USD Transfers Compared

PHP-USD Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

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.

 
   

PHP to USD Market Data

Philippine peso (PHP) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

90-day market context

PHP to USD at 0.016256 is just 0.6% below its 3-month average of 0.016361, having traded in a very stable 3.9% range from 0.016164 to 0.016789
|

Currency Forecasts related to PHP/USD

PHP to USD Exchange Rate Forecast & Outlook

Currently, PHP/USD is trading near recent highs just below the 3-month average, supported by dollar strength linked to Federal Reserve interest rate prospects. Over the next few sessions, the pair may face...

Read forecast

EUR to USD Exchange Rate Forecast & Outlook

Currently, EUR/USD is trading near the 90-day average, holding within its recent range despite risk sentiment. The pair remains supported by overall risk sentiment and global growth concerns, but gains are...

Read forecast

USD to GBP Exchange Rate Forecast & Outlook

Currently, USD/GBP is trading near its 3-month average and within a range from 0.7335 to 0.7594. The pair's slope remains supported by a broad risk-off environment and safe-haven flows.

Read forecast

PHP/USD near recent highs at 0.016277, with a mild downside bias. Expect range-bound trading around 0.0160–0.0170 as US Fed interest rates and risk-off sentiment keep USD supported. Transfers and expenses could become slightly less favorable.

 

PHP to USD Conversion: What Is Your Money Worth?

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 $ 0.0162
₱ 5 $ 0.0812
₱ 10 $ 0.1623
₱ 20 $ 0.3247
₱ 50 $ 0.8117
₱ 100 $ 1.6234
₱ 250 $ 4.0585
₱ 500 $ 8.1170
₱ 1,000 $ 16.23
₱ 2,000 $ 32.47
₱ 5,000 $ 81.17
₱ 10,000 $ 162.34
₱ 20,000 $ 324.68
₱ 50,000 $ 811.70
₱ 100,000 $ 1,623
PHP USD
₱ 61.60 $ 1
₱ 308.00 $ 5
₱ 616.00 $ 10
₱ 1,232 $ 20
₱ 3,080 $ 50
₱ 6,160 $ 100
₱ 15,400 $ 250
₱ 30,800 $ 500
₱ 61,600 $ 1,000
₱ 123,200 $ 2,000
₱ 308,000 $ 5,000
₱ 616,000 $ 10,000
₱ 1,232,000 $ 20,000
₱ 3,080,000 $ 50,000
₱ 6,160,000 $ 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 0.0161 from Wise. This is -0.83% compared to the mid-market rate 0.016234.

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 0.0161, -0.83% from the latest mid-market rate 0.016234.

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.

 

View a full list of exchange rates by selecting your Base (from) currency: