The PHP/USD exchange rate tells you how many United States Dollar (USD) you can buy with one Philippine Peso (PHP). As of the latest update, 1 PHP = 0.0178 USD. This rate fluctuates constantly based on global forex market conditions, central bank policies, economic indicators, and geopolitical events.
The PHP/USD pair is one of the most traded currency pairs in the foreign exchange market.
When converting PHP to USD, it is important to note that the mid-market rate shown on CurrencyVision may differ slightly from the rate offered by your bank or exchange service. Financial institutions typically add a spread (markup) to the mid-market rate, which is how they earn revenue on currency conversions. For the most accurate conversion, always compare rates from multiple sources before making large transactions.
Factors affecting the PHP/USD rate: Interest rate decisions by the Bangko Sentral ng Pilipinas and the Federal Reserve, inflation data, GDP growth figures, trade balance statistics, political stability, and global market sentiment all play significant roles in determining the exchange rate between these two currencies.
| PHP | USD |
|---|---|
| 1 PHP | 0.0178 USD |
| 5 PHP | 0.0889 USD |
| 10 PHP | 0.1778 USD |
| 25 PHP | 0.4446 USD |
| 50 PHP | 0.8892 USD |
| 100 PHP | 1.78 USD |
| 250 PHP | 4.45 USD |
| 500 PHP | 8.89 USD |
| 1,000 PHP | 17.78 USD |
| 5,000 PHP | 88.92 USD |
| 10,000 PHP | 177.84 USD |
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