United States Dollar to Philippine Peso
Converter

Convert United States Dollar to Philippine Peso using today's official exchange rate from the European Central Bank.

1 USD = 61.5560 PHP
1 PHP = 0.0162 USD
Source: European Central Bank ยท Rate date: 2026-05-15

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90-Day United States Dollar to Philippine Peso History

Daily ECB reference rates over the last 90 days. Updates skip weekends and ECB holidays.

Common United States Dollar to Philippine Peso amounts

USD PHP
1 USD 61.556 PHP
5 USD 307.78 PHP
10 USD 615.56 PHP
25 USD 1,538.9 PHP
50 USD 3,077.8 PHP
100 USD 6,155.6 PHP
500 USD 30,778 PHP
1,000 USD 61,556 PHP
5,000 USD 307,780 PHP
10,000 USD 615,560 PHP

About the United States Dollar

The United States Dollar (symbol: $; code: USD) is the official currency of the United States, issued by the Federal Reserve System. Each dollar is divided into 100 cents. As the world's primary reserve currency, the U.S. dollar accounts for more than half of global foreign exchange reserves and is used to price most international commodities, including oil and gold.

About the Philippine Peso

The Philippine Peso (symbol: โ‚ฑ; code: PHP) is the official currency of the Philippines, issued by the Bangko Sentral ng Pilipinas. Each peso is divided into 100 sentimos. Overseas Filipino remittances account for nearly 10% of the country's GDP, making peso conversion rates a daily concern for millions of Filipinos working abroad. The peso is one of the most actively converted currencies for personal money transfers.

Frequently Asked Questions

How is this exchange rate calculated?

This conversion uses the European Central Bank reference rate, which is published once per business day at around 16:00 CET (Frankfurt time). The ECB calculates these rates from interbank market quotes provided by major banks. Reference rates are intended for information and statistical purposes โ€” they are not commercial rates at which currencies can actually be bought or sold.

Will I get this exact rate from my bank?

No. The ECB reference rate is a benchmark used by economists, regulators, and accountants โ€” not a retail rate. Banks, currency exchange services, and credit cards typically add a markup of 1 to 4 percent on top of the reference rate, plus possible fixed transaction fees. To know the actual rate you would pay, check directly with your bank or money transfer service before exchanging.

How often is this rate updated?

The European Central Bank updates exchange rates once per business day, around 16:00 CET. Rates are not updated on weekends or eurozone bank holidays โ€” during these periods the most recent business-day rate remains in effect. We refresh our cached rate every six hours to balance accuracy with performance.

Why does the United States Dollar to Philippine Peso exchange rate change?

Exchange rates fluctuate based on many factors, including interest rate decisions by the Federal Reserve System and the Bangko Sentral ng Pilipinas, inflation differences between the United States and the Philippines, trade balances, capital flows, and geopolitical events affecting market sentiment. Even small differences in expected economic conditions can move rates significantly over short periods.

Can I convert other currencies?

Yes. We support 15 major currencies for conversion: USD, EUR, GBP, JPY, CHF, CAD, AUD, CNY, INR, MXN, BRL, KRW, SGD, NZD, and SEK. Use the swap button above to flip the direction of this conversion, or open any other supported currency pair directly.

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