The historical comparison tables below summarize the available 24-hour, weekly, monthly and yearly moves for USD/PHP.
The USD/PHP pair shows how many Philippine Pesos one US Dollar buys. The inverse quote shows how many US Dollars one Philippine Peso buys.
Exchange rates move as central-bank policy, inflation, economic data, trade flows, commodity prices and risk appetite change. Use this page as a market reference before comparing bank, card or broker rates.
The USD/PHP rate is influenced by the relative strength of the US economy and the economy, market or asset represented by Philippine Peso. The most important drivers are usually interest-rate expectations, inflation, central-bank communication, economic growth, fiscal risk, trade flows and market liquidity.
When US interest rates rise relative to other markets, the Dollar can become more attractive because investors may receive higher returns on dollar assets. When investors become more cautious, the Dollar can also strengthen because it is often treated as a reserve and safe-haven currency.
For practical forecasting, watch Federal Reserve decisions, inflation reports, employment data, GDP releases and risk-sensitive market moves. For commodities and crypto assets, supply, demand, storage, regulation and exchange liquidity can also matter.
| 1 PHP = | Previous | Today | Change | |
| Last 24 hours | $ 0.0167 | ⇨ | $ 0.0167 | +0.00% |
| Last week | $ 0.0166 | ⇨ | $ 0.0167 | +0.89% |
| Last month | $ 0.0168 | ⇨ | $ 0.0167 | -0.39% |
| Last year | $ 0.0176 | ⇨ | $ 0.0167 | -4.88% |
| 1 $ = | Previous | Today | Change | |
| Last 24 hours | 59.877 PHP | ⇨ | 59.877 PHP | +0.00% |
| Last week | 60.410 PHP | ⇨ | 59.877 PHP | -0.88% |
| Last month | 59.645 PHP | ⇨ | 59.877 PHP | +0.39% |
| Last year | 56.952 PHP | ⇨ | 59.877 PHP | +5.14% |
| Currency name | Philippine Peso |
| Symbol | PHP |
| Other names / units | ₱1 = 100¢ (centavos) |
| Currency code | PHP |
| Banknotes | 20, 50, 100, 500, 1000₱ |
| Coins | 1¢, 5¢, 10¢, 25¢, 1₱, 2₱, 5₱ |
| Central bank / governance | Bangko Sentral ng Pilipinas |
| Website | www.bsp.gov.ph |
| Countries / markets | 1 country: Philippines |
| Population / scope | 107 million |
An exchange rate is the relationship between two currencies and defines the purchasing power of one currency in terms of another. The rate can be quoted directly or inversely depending on which currency is used as the base.
On FXRate.io, the US Dollar is the base currency for the international site. That keeps the homepage, converter and currency pages consistent: every page starts from USD and then shows the inverse value as a secondary reference.