USD to PHP Market Data
US dollar (USD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
🔴 Mild downside
60.7580 – 61.8400
⚖️ Interest-rate differentials
⚪ Range-bound
90-day market context
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USD to PHP 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 US dollar are worth in Philippine peso across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-PHP interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the best Send Money conversion rate for USD to PHP?
The best USD to PHP exchange rate is 61.31 from OFX . This is -0.5% compared to the mid-market rate 61.62.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Philippine peso (PHP) rates from different sources before making a conversion.
The above American Express - Dollar to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by American Express and other foreign exchange providers against the latest USD-PHP mid-rate and the possible savings of using various providers.
How do American Express USD-PHP rates compare between providers?
Looking at the full USD to PHP - Send Money comparison table the provider with the best USD to PHP exchange rate is OFX at 61.31, -0.5% from the latest mid-market rate 61.62.
The next best is XE at 61.25, -0.6% from the mid-rate.
Then Wise at 60.83, which is -1.3% from the mid-rate.
The Western Union rate is 60.7 which is -1.5% from the mid-rate.
Among the banks the Chase Bank rate is 52.04 at -15.5% the Wells Fargo Bank rate is 51.85 at -15.9% and the Citibank rate is 54.69 at -11.2% compared to the mid-rate 61.62.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like American Express 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.