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🇵🇭 PHP to 🇺🇸 USDPhilippine Peso (PHP) to US Dollar Rate Today

Live indicative interbank rate, June 2026. Updated daily at 01:00 UTC.

Convert Philippine Peso to US Dollar using the live indicative interbank rate and the converter below. Covers the cost of sending to United States via the major mobile money apps.

LiveUpdated 2026-06-16
1 PHP = 0.0166 USD

PHP to USD rate change

Rate tracking started 16 June 2026. Change data fills in daily — 1-day change available tomorrow.

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Change in the PHP→USD rate. + means the US Dollar weakened against the Philippine Peso; − means it strengthened.

Currency converter

You convert
🇵🇭PHP
Receives
🇺🇸1.66USD
1 PHP = 0.02 USD · Updated 2026-06-16 18:00

PHP → USD conversion table

PHPUSD
10.02
50.08
100.17
200.33
500.83
1001.66
2003.32
5008.30
1,00016.60
2,00033.20
5,00083.00
10,000166.00

Table computed at the indicative rate of 1 PHP = 0.0166 USD. Real operator-side values include a 1%-4% spread.

Popular PHP → USD amounts

Tap an amount for its dedicated conversion page.

Philippine Peso to US Dollar exchange rate history

Building rate history since 16 June 2026. The chart appears once we have a few days of data — check back soon.

About the Philippine Peso

The Philippine Peso (PHP, ₱) is issued by the Bangko Sentral ng Pilipinas (BSP) and subdivided into 100 sentimo. The peso is shaped above all by remittances: the Philippines is one of the world's largest recipients, with overseas Filipino workers (OFWs) sending tens of billions of dollars home each year, so USD/PHP flows are central to the currency and the economy. The BSP runs an inflation-targeting policy and the peso floats, moving on US interest rates, the trade and current-account balance, and the strength of those remittance inflows. For most people the USD/PHP rate is the number that matters — pricing dollar earnings sent home, online purchases or travel — and it is quoted to two decimal places.

About the US Dollar

The US Dollar (USD, $) is the world's primary reserve currency and the de facto reference rate for most African remittance pricing. It is issued by the Federal Reserve System and subdivided into 100 cents. For African corridors, the USD plays two distinct roles: as the on-the-wire settlement currency that originating remittance providers use to hedge between markets, and as the unit of account that diaspora senders most often think in. When operators quote a USD-to-local-currency rate, the difference between that rate and the interbank mid-market — the spread — is where most of the corridor's cost is hidden, often dwarfing the visible send fee. For receivers in countries with thin USD interbank markets such as Sierra Leone or Mozambique, the published rate can lag the interbank reference by several percentage points.

Related pairs

FAQ

What is the PHP/USD exchange rate today?
The indicative rate is 1 PHP = 0.0166 USD, updated 2026-06-16. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 PHP in USD?
100 PHP ≈ 1.66 USD at the indicative rate. For 100 PHP: 1.66 USD. Use the converter above to try other amounts.
What's the best way to send Philippine Peso to United States?
For PHP to United States transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and traditional bank rails. The fee structure varies by amount and receiving method.
Is the US Dollar a stable currency?
The US Dollar (USD, $) is the world's primary reserve currency and the de facto reference rate for most African remittance pricing. It is issued by the Federal Reserve System and subdivided into 100 cents.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to United States, see the inbound corridor comparison.