1,000 Philippine Peso to US Dollar today
At the indicative interbank rate of 1 PHP = 0.0163 USD, live, August 2026. Updated 2026-08-01.
What ₱1,000 PHP is worth
The biggest banknote in everyday Filipino circulation, this handles a week of groceries for one or a month of a basic home-internet plan, the building block people plan a week around.
What you'll actually receive after fees
On an OFW remittance to the Philippines, after a typical 1–4% provider margin, ₱1,000 PHP is worth roughly $15.65–$16.14 USD in practice — so compare the final amount, not just the mid-market rate.
What moves the PHP/USD rate
The Philippine peso is shaped above all by remittances: the Philippines is among the world's largest recipients, with overseas Filipino workers (OFWs) sending tens of billions of dollars a year. The BSP targets inflation; the rate tracks US rates and the strength of those flows. The other way round, $1 USD buys about ₱61.35 PHP today.
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FAQ
How much is 1,000 PHP in USD today?
The converted amount shown ($16.30 USD) is calculated at the indicative mid-market interbank rate, updated daily. Transfer services add a 1%-4% spread on top. This is not a transfer quote.