MMomoCalc

🇺🇸 USD to 🇵🇭 PHPUS Dollar to Philippine Peso (PHP) Rate Today

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

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

LiveUpdated
1 USD = 57.00 PHP

Currency converter

You convert
🇺🇸USD
Receives
🇵🇭5,700.00PHP
1 USD = 57.00 PHP

USD → PHP conversion table

USDPHP
157.00
5285.00
10570.00
201,140.00
502,850.00
1005,700.00
20011,400.00
50028,500.00
1,00057,000.00
2,000114,000.00
5,000285,000.00
10,000570,000.00

Table computed at the indicative rate of 1 USD = 57.00 PHP. Real operator-side values include a 1%-4% spread.

Popular USD → PHP amounts

Tap an amount for its dedicated conversion page.

US Dollar to Philippine Peso exchange rate history

Building rate history — check back soon.

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.

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.

Related pairs

FAQ

What is the USD/PHP exchange rate today?
The indicative rate is 1 USD = 57.00 PHP, updated . This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 USD in PHP?
100 USD ≈ 5,700.00 PHP at the indicative rate. For 100 USD: 5,700.00 PHP. Use the converter above to try other amounts.
What's the best way to send US Dollar to Philippines?
For USD to Philippines transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and traditional bank rails. The fee structure varies by amount and receiving method.
Is the Philippine Peso a stable currency?
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.
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 Philippines, see the inbound corridor comparison.