US Dollar to Philippine Peso (USD/PHP) Exchange Rate Today
Sending moneySending money home to the Philippines? Check the real rate before comparing providers.
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USD to PHP Conversion Table
Common amounts converted from US Dollar to Philippine Peso at today's rate.
| US Dollar (USD) | Philippine Peso (PHP) |
|---|---|
| 1 USD | — |
| 5 USD | — |
| 10 USD | — |
| 25 USD | — |
| 50 USD | — |
| 100 USD | — |
| 250 USD | — |
| 500 USD | — |
| 1,000 USD | — |
| 5,000 USD | — |
| 10,000 USD | — |
| 50,000 USD | — |
How much Philippine Peso will you actually receive?
Estimated cost to convert USD 1,000 to PHP with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | PHP received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Sending money? Compare USD to PHP providers
The USD/PHP corridor handles significant transfer volume. If you send money regularly between US Dollar and Philippine Peso, even a small rate difference compounds over time. Use the provider table above to compare what you would actually receive after fees and markup.
USD/PHP rate statistics
Is today's USD/PHP rate good or bad?
We compare today's live US Dollar to Philippine Peso mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, USD holders get more Philippine Peso per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
Remittances from overseas Filipino workers drive significant demand for PHP. The corridor handles over $35 billion annually. BSP monetary policy and global dollar strength are the other key factors.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the USD/PHP exchange rate?
The USD/PHP rate tracks how many Philippine Peso one US Dollar buys. Remittances are the lifeblood of this pair - overseas Filipino workers send home over $35 billion annually, creating constant demand for PHP.
USD is issued by the Federal Reserve (ranked 1st globally - meaning it's the 1st most bought and sold currency in the world). PHP is issued by the Bangko Sentral ng Pilipinas (BSP) (ranked 28th). Full USD profile | Full PHP profile
US Dollar to Philippine Peso is popular with travellers to the Philippines and the large Filipino diaspora sending remittances home.
What drives this rate? Bangko Sentral ng Pilipinas policy, remittance inflows from overseas Filipino workers (over $35 billion annually), BPO sector revenue, and US dollar strength globally.
Is today's USD/PHP rate good or bad?
The US Dollar to Philippine Peso mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 2-4% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. The USD/PHP corridor handles large remittance volumes, so specialist providers compete aggressively. Compare the final received amount across providers, not just the headline fee.
Converting US Dollar to Philippine Peso? Read this first
Sending money to the Philippines? Remittances account for roughly 10% of the Philippine economy. Services like Wise compete aggressively on this corridor, often offering better rates than banks.
Watch out: Banks typically charge 3-5% on USD to PHP transfers. Regulated online services like Wise are equally safe and usually much cheaper. Always compare the final received amount, not just the fee.
Did you know?
- The US $100 bill is the most counterfeited denomination globally - the Secret Service estimates about 0.01% of all hundreds in circulation are fake.
Frequently asked questions
What moves the USD/PHP exchange rate?
Bangko Sentral ng Pilipinas policy, remittance inflows from overseas Filipino workers (over $35 billion annually), BPO sector revenue, and US dollar strength globally.
Is it better to use a card or withdraw cash for Philippine Peso?
For most travelers, a card with no foreign transaction fee is the simplest and cheapest option - provided you always choose to pay in Philippine Peso (the local currency) rather than US Dollar. Choosing your home currency triggers Dynamic Currency Conversion (DCC), which typically adds 3-5% on top. If you need cash, withdraw from ATMs in-country rather than exchanging at airports.
How much does it cost to send money between USD and PHP?
Costs vary widely. Banks typically charge a fixed fee ($15-50) plus a 2-4% markup on the exchange rate. Online services like Wise or Remitly often have lower fees and tighter spreads. The total cost includes both the fee and the exchange rate markup - always compare the final amount the recipient would get, not just the advertised fee or rate.
What is the cheapest way to send money to the Philippines?
Dedicated remittance services like Wise and Remitly typically offer better rates than bank wires for the US-Philippines corridor. Compare the total received amount (after all fees and rate markup), not just the advertised exchange rate. For regular transfers, some services offer rate alerts that notify you when the rate is favorable.
Learn more
- BSP - Exchange Rates - Official Bangko Sentral ng Pilipinas daily rates
- World Bank - US to Philippines Remittance Costs - Compare what providers charge for this corridor
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.