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US dollar to Philippine peso exchange rate

Discover the best USD/PHP exchange rates, updated daily: 20 Dec 2024.

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= ₱ 58.8063

Refreshing in: 60s | Fri, Dec 20, 06:04PM GMT

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Looking for the best exchange rate?

There are other factors to consider when sending an international money transfer in addition to the exchange rate, including the transfer fees, the payment method, the speed of delivery and the level of customer service. Keep in mind that we don't compare every product in the market, but we hope that our tools and information will allow you to compare your options and find the best service for your needs.

Today's best USD to PHP exchange rates

Use the currency transfer calculator below to compare exchange rates and fees for sending USD to Philippines.
1 - 6 of 6
Updated regularly
Product USFMT Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
Instarem
Instarem logo
24 hours
From 0%
New Instarem customers will get a special FX rate and zero-fees on their first transfer.
Instarem offers offers rewards on every transaction.
Go to siteView details
Wise (TransferWise)
Wise logo
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
Go to siteView details
MoneyGram
MoneyGram logo
Within minutes
From $0
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
Go to siteView details
Airwallex
Airwallex logo
Within minutes
$0
After spending $15k in your first 90 days, receive a one-time $500 bonus that will automatically be credited to your account on any FX conversion.
Airwallex can help you make business payments to 150+ countries in 60+ currencies.
Go to siteView details
OFX International Money Transfers (Business)
OFX logo
24 hours
$0
Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates.
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OFX
OFX logo
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
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Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

Product USFMT Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
OFX International Money Transfers (Business)
OFX logo
24 hours
$0
Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates.
Go to siteView details
Xe
Xe logo
Within minutes
From $0
Xe has fast transfers with low fees and a range of foreign currency tools.
Go to siteView details
MoneyGram
MoneyGram logo
Within minutes
From $0
MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.
Go to siteView details
Instarem
Instarem logo
24 hours
From 0%
New Instarem customers will get a special FX rate and zero-fees on their first transfer.
Instarem offers offers rewards on every transaction.
Go to siteView details
Xe Money Transfer for Business
Xe logo
24 hours
$0
Save your time and money with Xe Money Transfer for business.
Go to siteView details
Remitly
Remitly logo
Within minutes
From $0
Remitly has quick, affordable transfers around the world, with both express and economy options.
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CurrencyTransfer
CurrencyTransfer logo
24 hours
$0
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
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WorldRemit - 4free
WorldRemit logo
Within minutes
From $0.99
Use promo code 3FREE and pay no fees on your first 3 transfers. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
View details
OFX
OFX logo
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Go to siteView details
PayPal (business)
PayPal logo
Within minutes
$0
Provides business solutions for small business owners in over 24 currencies worldwide. Try 3 months free of Spotify Premium when you sign up with PayPal.
Go to siteView details
Wise (TransferWise) International Money Transfers Business
Wise logo
Within minutes
From $8.16
Enjoy high maximum transfers into more than 40 currencies, while saving up to 90% over local banks.
Go to siteView details
Wise (TransferWise)
Wise logo
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
Go to siteView details
Wise (TransferWise)
Wise logo
Within minutes
From 0.41%
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies.
Go to siteView details
CurrencyTransfer for Business
CurrencyTransfer logo
24 hours
$0
Increase business efficiency with zero transaction fees and same-day transfers.
Go to siteView details
WorldRemit
WorldRemit logo
Within minutes
From $0.99
Use promo code 3FREE and pay no fees on your first 3 transfers. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
View details
CurrencyFair
CurrencyFair logo
24 hours
€3
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to siteView details
OFX
OFX logo
24 hours
$0
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Go to siteView details
CurrencyFair
CurrencyFair logo
24 hours
€3
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to siteView details
Remitly
Remitly logo
Within minutes
From $0
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to siteView details
Remitly
Remitly logo
Within minutes
From $0
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to siteView details
Remitly
Remitly logo
Within minutes
From $0
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to siteView details
PayPal
PayPal logo
Within minutes
From $0
Use PayPal to safely send money and receive payments from around the world in over 25 currencies with just an email address or mobile number. Try 3 months free of Spotify Premium when you sign up with PayPal.
Go to siteView details
Xe
Xe logo
Within minutes
$3
Xe has fast transfers with low fees and a range of foreign currency tools.
Go to siteView details
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Best ways to send money to the Philippines

US dollar

The US dollar is the official currency of the United States of America. It was created in 1792, 16 years after the US declared independence in 1776. Common nicknames for the US dollar include bucks, greenbacks, moolah and dough.
Currency: US dollar
Currency Symbol: $
Sub unit: cent
Bank notes: $1, $5, $10, $20, $50, $100
Coins: 1c, 5c, 10c, 25c, 50c, $1

Philippine peso

The Philippine peso is the official currency of the Philippines. English was the written language on the currency until 1967, but now the bills are written in Filipino. The Philippine peso is also known as the piso, which is the way it is spelled in Filipino.
Currency: Philippine peso
Currency Symbol: ₱
Sub unit: Sentimo
Bank notes: ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000
Coins: ₱1, ₱5, ₱10, 25, 5, 10

Is the Philippine peso getting stronger?

Compared to a month ago, the Philippine peso is getting stronger against the US dollar. Currently 100 US dollars is equivalent to 5869.8 Philippine pesos. A month ago, 100 US dollars was worth 5883 Philippine pesos. This means we've seen a decrease of ₱13.2 (0.22%) over the past month.

Today's market rate for common transfer amounts USD to PHP

US dollar (USD)Philippine peso (PHP)
$1₱58.6980
$100₱5,869.8000
$500₱29,349.0000
$1000₱58,698.0000
$1500₱88,047.0000
$2500₱146,745.0000
$5000₱293,490.0000

Past 10 days: USD to PHP

Past 10 months: USD to PHP

Past 10 years: USD to PHP


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