PHP to USD Converter: Philippine Peso to United States Dollar

1 PHP = 0.0156 USD and 1 USD = 63.9440 PHP (mid-market, 26 Oct 2026). Over the 30 days of ECB data from 25 Sept 2026, the Philippine Peso fell 2.29% against the United States Dollar.

To convert PHP to USD, type the amount in PHP (Philippine Peso) into the converter below. It multiplies your amount by the latest mid-market PHP/USD rate and shows the result in USD (United States Dollar), with the date of the rate. Tap the swap button to go from USD back to PHP. The mid-market rate changes every working day, and banks, cards and exchange desks add their own margin, so the amount you receive will be a little lower. check what your bank charges on PHP to USD · plan a trip budget in United States Dollar · see every Philippine Peso exchange rate.

Converting the other way? Use the USD to PHP converter for United States Dollar to Philippine Peso amounts and tables.

Rates are European Central Bank reference rates for 26 Oct 2026 (published each working day around 16:00 CET; the UAE dirham uses its official US-dollar peg of 3.6725). The live converter loads the latest rate when the page opens.

Philippine Peso to United States Dollar

United States Dollar to Philippine Peso

PHP to USD over the last 30 days

Over the 22 ECB working days from 25 Sept 2026 to 26 Oct 2026, 1 PHP ranged from 0.0156 USD (26 Oct 2026) to 0.0160 USD (25 Sept 2026), averaging 0.0159. Today's 0.0156 is below that average by 1.58%.

For 1,000 PHP, that range is the difference between 15.64 and 16.01 USD: 0.37 USD, or 2.35% of the low. The biggest one-day move was -0.47% on 26 Oct 2026.

Example: a bank or card that sets its rate 3% worse than mid-market would pay 15.17 USD for 1,000 PHP today instead of 15.64, keeping 0.47 USD. That 3% is more than this rate's whole 30-day range, so the margin you pay matters more than the day you convert.

What affects the PHP to USD rate

The peso floats against the dollar; the Bangko Sentral ng Pilipinas smooths sharp swings but does not set a level.

• Bangko Sentral ng Pilipinas (BSP) policy. The BSP's main policy instrument is the Target Reverse Repurchase (RRP) Rate. Its inflation target is 3.0 percent a year with a tolerance of ±1.0 percentage point for 2026–2028, measured by headline CPI. (Source: Bangko Sentral ng Pilipinas)
• The Federal Reserve. The Federal Open Market Committee aims for inflation of 2 percent over the longer run, measured by the annual change in the price index for personal consumption expenditures, and holds eight regularly scheduled meetings a year. A change in the gap between US interest rates and the other central bank's rate shifts where investors hold money, which moves the exchange rate. (Source: Federal Reserve)
• Dollar inflows and outflows. Remittances from Filipinos abroad and business-process outsourcing earnings bring dollars in; fuel and other imports send them out.

Sending money, cash and cards: PHP to USD

Paying or sending dollars from the Philippines

Banks, e-wallets and remittance companies each quote their own peso/dollar rate. Ask for the dollar amount that will arrive and every fee, including any fee a US receiving or intermediary bank deducts.

The spread is the gap between the mid-market rate on this page and the rate you are actually given. It is easy to measure: at the rate above, 50,000 PHP is 781.93 USD, so a rate 1% worse delivers 7.82 USD less and a rate 3% worse 23.46 USD less. Compare the amount the recipient gets, not the advertised fee alone, and use the exchange-rate markup calculator to turn any quote into a percentage.

Cash and cards

Leaving the Philippines you may take up to PHP 50,000 in pesos without prior BSP authorization, and must declare foreign currency, including dollars, above USD 10,000 or its equivalent. (Source: Bangko Sentral ng Pilipinas)

When a card terminal or ATM offers to charge you in PHP instead of USD, that is dynamic currency conversion: the merchant or ATM operator picks the exchange rate. Choosing USD leaves the conversion to your card issuer.

Central-bank and regulator figures on this page come from the sources below, retrieved 1 Oct 2026. This page explains what moves the rate; it does not forecast it or give investment advice. Measure any quote with the exchange-rate markup calculator.

Sources

• Bangko Sentral ng Pilipinas: Monetary Policy Report, August 2026
• Federal Reserve: What economic goals does the Federal Reserve seek to achieve through its monetary policy?
• Federal Reserve: Federal Open Market Committee
• Bangko Sentral ng Pilipinas: FAQs on cross-border transfer of local and foreign currencies (March 2026)

Sending money between Philippine Peso (PHP) and US Dollar (USD) is one of the most common cross-border transactions in the world. Whether you're a traveler, freelancer, expat, importer or investor, getting a few percent better on your conversion adds up fast — on a $5,000 transfer, a 1% improvement is $50 in your pocket.

A short history of the PHP/USD pair

The Bangko Sentral ng Pilipinas (BSP) was established on 3 July 1993 under the New Central Bank Act, taking over from the old Central Bank of the Philippines. It adopted inflation targeting as its monetary policy framework in January 2002, and the government's inflation target is 3% with a tolerance of one percentage point either side (source: Bangko Sentral ng Pilipinas). The peso's exchange rate is market-determined: the BSP may step into the foreign exchange market to smooth excessive volatility, but it does not set a fixed level.

Like all major pairs, PHP/USD is quoted as the amount of US Dollar you receive for one Philippine Peso. The rate moves continuously during the 24/5 forex week, with the deepest liquidity (and tightest spreads) when the London and New York sessions overlap between 8 AM and 12 PM Eastern Time.

Travel money tips for the United States

In the US, prices are in US dollars and sales tax is added at checkout. When a Philippine card offers to charge you in pesos at a US terminal or ATM (dynamic currency conversion), decline and pay in dollars; a multi-currency card or account loaded with dollars before the trip usually costs less than card conversion.

Carry a small amount of local cash for taxis and tips on arrival, then rely on a fee-free debit card for the rest. Skip dynamic currency conversion (DCC) when paying — always choose to be charged in the local currency at the terminal.

Putting it all together

The PHP/USD rate you see at the top of this page is the mid-market reference — the same one professionals watch. Your bank or app will quote slightly off that depending on its margin and fees. Use the converter to plan, then compare two or three providers before you transfer real money.

Asked to pay in your own currency at a till or ATM? Check the offer with the local-currency-or-yours calculator. Need a rate your bank only quotes through the dollar? Try the cross rate calculator.

Frequently asked questions about PHP to USD

How do I convert PHP to USD?

Enter the amount in PHP in the converter at the top of this page and it shows the value in USD at the latest mid-market rate, with the date of that rate. To work it out by hand, multiply the PHP amount by the PHP/USD rate; to go the other way, divide the USD amount by the same rate.

Why is my bank's PHP to USD rate different from this converter?

This converter shows the mid-market rate, the midpoint between wholesale buying and selling prices. Banks, card networks and exchange desks quote a rate a few percent worse and may add a fixed fee. Enter the amount you were quoted in the exchange-rate markup calculator to see the margin in percent and in Philippine Peso.

How much is 10,000 PHP in USD?

10,000 PHP was about 156.39 USD at the mid-market rate on this page.

Is the Philippine peso worth more than the US dollar?

No. One peso was about 0.0156 USD, so one dollar buys about 63.94 pesos at the mid-market rate on this page.

How many pesos can I take out of the Philippines?

Up to PHP 50,000 without prior BSP authorization. Larger peso amounts need written BSP authorization before travel and a declaration, and foreign currency above USD 10,000 or its equivalent must be declared (source: Bangko Sentral ng Pilipinas).

How much is 1 PHP in USD?

1 PHP (Philippine Peso) equalled about 0.0156 USD (United States Dollar) on 26 Oct 2026 (mid-market reference rate). Rates move throughout the trading day; the converter above shows the latest figure.

How much is 100 PHP in USD?

100 PHP was about 1.56 USD on 26 Oct 2026. Banks, card networks and airport kiosks add a margin to the mid-market rate, so the amount you actually receive is lower; the markup calculator shows how much a given margin costs.

How much is 1000 PHP in USD?

1,000 PHP was about 15.64 USD on 26 Oct 2026. For larger transfers, compare the final amount received from two or three providers, because fees and exchange-rate margins differ more than headline rates suggest.

What is the inverse rate — 1 USD to PHP?

1 USD was about 63.9440 PHP on 26 Oct 2026. Use this when you're pricing items in United States Dollar and need a quick mental Philippine Peso reference.

When is the best time to convert PHP to USD?

Forex liquidity is highest when London and New York overlap (8 AM–12 PM ET), which usually means the tightest spreads. Avoid weekends and major central bank announcement days unless you're hedging.

Is the PHP/USD rate shown live?

The converter loads the latest available rate when the page opens: European Central Bank reference rates (published once each working day around 16:00 CET) with a commercial feed for currencies the ECB does not cover. Figures in the text are dated. Your provider's quoted rate will include its own margin.

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