USD to PHP Converter: United States Dollar to Philippine Peso

1 USD = 63.9440 PHP and 1 PHP = 0.0156 USD (mid-market, 26 Oct 2026). Over the 30 days of ECB data from 25 Sept 2026, the United States Dollar rose 2.35% against the Philippine Peso.

To convert USD to PHP, type the amount in USD (United States Dollar) into the converter below. It multiplies your amount by the latest mid-market USD/PHP rate and shows the result in PHP (Philippine Peso), with the date of the rate. Tap the swap button to go from PHP back to USD. 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 USD to PHP · plan a trip budget in Philippine Peso · see every United States Dollar exchange rate.

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

United States Dollar to Philippine Peso

Philippine Peso to United States Dollar

USD to PHP over the last 30 days

Over the 22 ECB working days from 25 Sept 2026 to 26 Oct 2026, 1 USD ranged from 62.4780 PHP (25 Sept 2026) to 63.9440 PHP (26 Oct 2026), averaging 62.9384. Today's 63.9440 is above that average by 1.60%.

For 1,000 USD, that range is the difference between 62,478.00 and 63,944.00 PHP: 1,466.00 PHP, 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 62,025.68 PHP for 1,000 USD today instead of 63,944.00, keeping 1,918.32 PHP. 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 USD to PHP rate

The peso's exchange rate is set by the market, so USD/PHP moves with the decisions and data below rather than with any official level.

• Bangko Sentral ng Pilipinas (BSP) policy. The BSP's main policy instrument is the Target Reverse Repurchase (RRP) Rate, set by the Monetary Board. Its inflation target is 3.0 percent a year with a tolerance of ±1.0 percentage point for 2026–2028, measured by headline CPI, and the BSP treats misses above and below the target equally. (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. Money sent home by Filipinos abroad is sold for pesos, while import bills (fuel above all) are paid in dollars. Shifts in either flow change how many dollars the market has to absorb.

Sending money, cash and cards: USD to PHP

Sending money to the Philippines

Sending from the US: for remittance transfers of more than $15, US federal rules require the provider to disclose the exchange rate, its fees, fees charged by agents abroad and the amount expected to be delivered. You can cancel within 30 minutes at no charge unless the money has already been picked up or deposited, and you have 180 days from the disclosed availability date to report an error; the provider then has 90 days to investigate. (Source: Consumer Financial Protection Bureau)

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, 1,000 USD is 63,944.00 PHP, so a rate 1% worse delivers 639.44 PHP less and a rate 3% worse 1,918.32 PHP 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 in the Philippines

Carrying cash: you may bring into or take out of the Philippines up to PHP 50,000 in peso notes and coins without prior BSP authorization; above that you need written BSP authorization before travelling and must declare the whole amount. Foreign currency (including US dollars) above USD 10,000 or its equivalent must be declared on the Currencies Declaration Form. (Source: Bangko Sentral ng Pilipinas)

US credit cards: the CFPB's official interpretation of Regulation Z treats a foreign transaction fee as a finance charge and gives the example of a card network charging 1 percent and the issuing bank another 2 percent, a 3 percentage point fee in total. Check your cardholder agreement for your card's figure before you travel. (Source: Consumer Financial Protection Bureau)

When a card terminal or ATM offers to charge you in USD instead of PHP, that is dynamic currency conversion: the merchant or ATM operator picks the exchange rate. Choosing PHP 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
• Consumer Financial Protection Bureau: What is a remittance transfer and what are my rights?
• Bangko Sentral ng Pilipinas: FAQs on cross-border transfer of local and foreign currencies (March 2026)
• Consumer Financial Protection Bureau: Regulation Z, § 1026.4 Finance charge, official interpretation 4(a)-4

Sending money between US Dollar (USD) and Philippine Peso (PHP) 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 USD/PHP 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, USD/PHP is quoted as the amount of Philippine Peso you receive for one US Dollar. 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 Philippines

In the Philippines, pay in pesos. Cash is still widely used outside malls and big chains, so carry small bills for jeepneys, tricycles and markets. When a terminal or ATM offers to charge your US card in dollars (dynamic currency conversion), decline and pay in pesos, and expect a local ATM fee on top of anything your own bank charges.

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 USD/PHP 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 USD to PHP

How do I convert USD to PHP?

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

Why is my bank's USD to PHP 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 United States Dollar.

Why is USD to PHP high (or low) today?

The peso floats, so its rate reflects the gap between the BSP's Target RRP Rate and US interest rates, Philippine inflation against the BSP's 3.0 percent ±1.0 point target, and the balance of dollars coming in (remittances, investment) against dollars going out (fuel and other imports). The BSP can step in to smooth sharp swings but does not set a level (source: Bangko Sentral ng Pilipinas).

Will USD to PHP go up tomorrow?

No one can tell you reliably, and this site does not forecast exchange rates. If you need a set amount of pesos on a date, convert in parts or lock a rate with your provider, and use the dated rate on this page to check that the quote is fair.

How much cash can I bring to the Philippines?

Up to PHP 50,000 in pesos without prior BSP authorization; larger peso amounts need written BSP authorization before travel and a declaration. Foreign currency above USD 10,000 or its equivalent must be declared on the Currencies Declaration Form (source: Bangko Sentral ng Pilipinas, March 2026 FAQs).

What are my rights when sending money from the US to the Philippines?

For transfers over $15 the provider must show the exchange rate, fees and the amount to be delivered before you pay. You can cancel within 30 minutes unless the money has been picked up or deposited, and you have 180 days to report an error (source: Consumer Financial Protection Bureau).

How much is 1 USD in PHP?

1 USD (United States Dollar) equalled about 63.9440 PHP (Philippine Peso) 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 USD in PHP?

100 USD was about 6394.40 PHP 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 USD in PHP?

1,000 USD was about 63944.00 PHP 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 PHP to USD?

1 PHP was about 0.0156 USD on 26 Oct 2026. Use this when you're pricing items in Philippine Peso and need a quick mental United States Dollar reference.

When is the best time to convert USD to PHP?

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 USD/PHP 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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