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USD to PHP Currency Converter

1 USD = 61.5010 PHP at today's mid-market rate

Updated just now
1 USD (%) =
61 .50 PHP
Philippine Peso
1 United States Dollar = 61.501010 Philippine Peso
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Exchange Rate History

to -

Current Rate
Change
High
Low
Highest
0.8945
Nov 15
Lowest
0.8567
Nov 3
Average
0.8742
30 days
Exchange Rate
View Full History

USD to PHP statistics

Live and historical performance for the USD/PHP pair, computed from our 15+ years of rate data.

Current rate
1 USD = 61.5010 PHP
24-hour change
+0.09%
24-hour range
61.4410 – 61.5595
7-day range
60.7220 – 61.5595
7-day average
61.2492
30-day change
-0.20%
30-day range
60.6590 – 61.8777
90-day change
+0.14%
52-week range
56.4460 – 61.8545

Why our USD to PHP rate has no second version

Most websites publishing USD to PHP 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 USD = 61.5010 PHP) 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 tools

About the Exchange Rate

The USD to PHP exchange rate fluctuates based on economic factors, market sentiment, and geopolitical events. Our rates are updated in real-time from multiple trusted financial sources to ensure accuracy.

Key Points:

  • Exchange rates are updated every minute
  • Rates include interbank, commercial, and tourist rates
  • Historical data available for trend analysis

Market Insights

The USD/PHP pair shows moderate volatility. Recent trends indicate strengthening of the PHP against the USD, driven by central bank policies and economic indicators.

Volatility Moderate
Trend (30d) -0.20% ↓

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.

Historical Exchange Rates

Date 1 USD to PHP 1 PHP to USD

More about USD to PHP

Pair-specific questions we hear most often from Currency.Wiki users converting USD to PHP.

What's the difference between Currency.Wiki's USD to PHP rate and Wise, XE, or OFX?
On any given second, the mid-market rate for USD to PHP is roughly the same across every reputable source. The difference is what each site does with that number. Wise, XE, OFX, Revolut and similar services are money-transfer providers — they show the mid-market rate publicly but quote a different rate when you start a transfer (typically a 0.4–4% markup). Currency.Wiki doesn't transfer money, so the rate you see here (1 USD = 61.5010 PHP) is the only rate we have to give you. There is no second rate.
How much is 100 USD, 500 USD, and 1,000 USD in PHP right now?
At today's mid-market rate of 1 USD = 61.5010 PHP: 100 USD = 6,150.10 PHP, 500 USD = 30,750.51 PHP, and 1,000 USD = 61,501.01 PHP. For other amounts, use the converter at the top of this page — it updates instantly as you type.
Why does the USD to PHP rate I see at the bank differ from the rate here?
Banks and currency exchange counters add a markup to the mid-market rate to cover their costs and margin. A typical bank spread for USD/PHP is 1–4% above the mid-market rate, plus fixed fees. The rate on Currency.Wiki is the wholesale interbank rate without any markup — it's the same number banks see before they price their consumer offering.
What was the highest USD to PHP rate in the past 52 weeks?
Based on our 15+ years of historical rate data, the USD/PHP pair's 52-week range is 56.4460 – 61.8545. The 30-day range is 60.6590 – 61.8777. For longer historical periods (3, 5, 10 or 15 years), view the full historical chart on the historical rates page.
Are there fees or limits to convert USD to PHP on Currency.Wiki?
Converting is free and unlimited for everyone — no signup, no fees, no markup, no daily limits. Currency.Wiki isn't a money-transfer service, so there's no transaction at the end where we apply a margin. A free account adds optional features (favorites, rate alerts, presets, PDF/CSV exports); Web Pro at $3.99/month removes ads and lifts daily limits on exports.

Frequently Asked Questions

As of August 17, 2026 at 9:41 AM UTC, 1 United States Dollar (USD) equals 61.5010 Philippine Peso (PHP). This mid-market rate is updated every 5 minutes on Currency.Wiki. Actual rates from banks may vary due to fees and spreads.

The USD/PHP 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 5 minutes from multiple trusted financial sources including central banks and forex market providers. 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

United States

United States Dollar Currency

About USD
Country United States
Symbol $
ISO Code USD
Central Bank Federal Reserve System

Greenbacks

U.S. banknotes are commonly referred to as 'greenbacks' due to their distinctive green ink, a color originally chosen for its durability and resistance to counterfeiting.

Philippines

Philippine Peso Currency

About PHP
Country Philippines
Symbol
ISO Code PHP
Central Bank Bangko Sentral ng Pilipinas

Remittances 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.

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