PHP to USD Currency Converter
1 PHP = 0.0159 USD at today's mid-market rate
Exchange Rate History
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PHP to USD statistics
Live and historical performance for the PHP/USD pair, computed from our 15+ years of rate data.
- Current rate
- 1 PHP = 0.0159 USD
- 24-hour change
- -0.06%
- 24-hour range
- 0.0159 – 0.0159
- 7-day range
- 0.0159 – 0.0160
- 7-day average
- 0.0160
- 30-day change
- -2.20%
- 30-day range
- 0.0159 – 0.0163
- 90-day change
- -3.50%
- 52-week range
- 0.0159 – 0.0176
Why our PHP to USD rate has no second version
Most websites publishing PHP to USD exchange rates are run by money-transfer services. They display the mid-market rate to attract visitors, then quote a different "customer rate" once you start a transaction — typically a 0.4–4% markup, sometimes more. Currency.Wiki doesn't sell transfers, so the rate above (1 PHP = 0.0159 USD) is the only rate we have to give you. There is no second rate applied later. Same number, different incentive.
How Currency.Wiki compares to other toolsAbout the Exchange Rate
The PHP to USD exchange rate fluctuates based on economic factors, market sentiment, and geopolitical events. Our rates are updated every minute from reliable third-party data providers.
Key Points:
- • Exchange rates are updated every minute
- • Rates are mid-market (interbank) — the midpoint between buy and sell quotes
- • Historical data available for trend analysis
Market Insights
Over the past 30 days, the PHP/USD rate has changed by -2.20%. Exchange rates respond to interest rates, inflation, trade balances, and market sentiment — these figures describe past movement, not a forecast.
Important Notice
Exchange rates shown are indicative only. Actual rates may vary depending on your bank or exchange service. Always verify current rates before making a transaction.
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More about PHP to USD
Pair-specific questions we hear most often from Currency.Wiki users converting PHP to USD.
What's the difference between Currency.Wiki's PHP to USD rate and Wise, XE, or OFX?
How much is 100 PHP, 500 PHP, and 1,000 PHP in USD right now?
Why does the PHP to USD rate I see at the bank differ from the rate here?
What was the highest PHP to USD rate in the past 52 weeks?
Are there fees or limits to convert PHP to USD on Currency.Wiki?
Frequently Asked Questions
As of September 14, 2026 at 5:14 PM UTC, 1 Philippine Peso (PHP) equals 0.0159 United States Dollar (USD). This mid-market rate is updated every minute on Currency.Wiki. Actual rates from banks may vary due to fees and spreads.
The PHP/USD exchange rate is influenced by central bank interest rate decisions, inflation rates, GDP growth, employment data, trade balances, and political stability. Market sentiment, geopolitical events, and investor confidence also cause daily fluctuations.
Exchange rates fluctuate constantly during trading hours (24/5 across global markets). Rates can change every second based on real-time transactions, with significant movements during economic announcements or central bank decisions.
Our exchange rates are updated every minute from reliable third-party foreign exchange data providers, with automatic fallback if a provider returns incomplete data. Historical charts show daily, weekly, monthly, and yearly trends.
The mid-market rate shown here is the fairest rate without markup. Banks and exchange services typically add fees and spreads. For the best rates, compare multiple providers, consider online transfer services, and avoid airport exchanges which often have higher markups.
Currency Information
Detailed information about the selected currencies
Philippine Peso Currency
About PHPRemittances Powerhouse
The Philippine Peso is strongly influenced by remittances sent home by millions of Overseas Filipino Workers (OFWs), which account for a significant portion of the country's GDP.
United States Dollar Currency
About USDIn God We Trust
The phrase 'In God We Trust' appears on all U.S. currency. It was added to coins in 1864 and to paper currency starting in the mid-1950s.
Common PHP to USD Conversions
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