PHP / USD · Daily reference rate
Philippine Peso to US Dollar
Convert PHP to USD with the latest daily reference rate and a year of history. Rates are for information only and are not what a bank or transfer service will give you.
History
PHP to USD rate over time
Over the past year, PHP to USD moved -7.70% (0.01708 to 0.01576). Range 0.01576 to 0.01735.
Compare
PHP against major currencies
| Pair | Rate | 30 days | 1 year |
|---|---|---|---|
| +13 PHP / USD US Dollar | 0.01576 | -1.43% | -7.70% |
| PHP / EUR Euro | 0.01404 | +0.42% | -4.57% |
| +1 PHP / GBP Pound Sterling | 0.01177 | -1.90% | -7.93% |
| PHP / JPY Yen | 2.4796 | -1.69% | -4.66% |
| +4 PHP / AUD Australian Dollar | 0.02248 | -0.31% | -14.52% |
| PHP / CAD Canadian Dollar | 0.02211 | -1.68% | -7.54% |
| PHP / CHF Swiss Franc | 0.01296 | -1.39% | -4.73% |
| PHP / CNY Yuan Renminbi | 0.1051 | -1.88% | -13.49% |
| PHP / SGD Singapore Dollar | 0.02013 | -1.39% | -9.25% |
| PHP / HKD Hong Kong Dollar | 0.1237 | -1.45% | -6.87% |
The money behind the rate
About these currencies
Philippine Peso (PHP)
- ISO 4217
- PHP · 608
- Symbol
- ₱
- Minor units
- 2
- Used in
- Philippines
The Philippine Peso is issued by Bangko Sentral ng Pilipinas.
- 1949The Central Bank of the Philippines opens on 3 January.
- 1993The Bangko Sentral ng Pilipinas replaces the Central Bank of the Philippines as the country’s central monetary authority.
- 1997On 11 July the Bangko Sentral stops intervening to defend the peso, which then depreciates during the Asian financial crisis.
+13 US Dollar (USD)
- ISO 4217
- USD · 840
- Symbol
- $
- Minor units
- 2
- Used in
- United States, Ecuador, El Salvador, Timor-Leste, Puerto Rico, Guam, Marshall Islands, Micronesia, Palau, Panama, British Virgin Islands, Turks and Caicos Islands, and others
The US Dollar is issued by the Federal Reserve.
- 1792The Coinage Act establishes the US Mint and sets the dollar as the unit of US money.
- 1913The Federal Reserve Act, signed on 23 December, creates the Federal Reserve System, which issues Federal Reserve Notes.
- 1944The Bretton Woods conference sets up fixed exchange rates, with currencies pegged to the US dollar, which is convertible to gold at $35 an ounce.
- 1971The US ends the dollar’s convertibility into gold for foreign governments on 15 August.
Sources
- Statutes at Large, vol. 1, p. 246: An Act establishing a Mint (1792)
- Wikipedia: Coinage Act of 1792 (secondary)
- Federal Reserve History: Federal Reserve Act signed into law
- Federal Reserve Board: structure of the Federal Reserve System
- Federal Reserve Board: currency
- US Department of State, Office of the Historian: Bretton Woods
- Federal Reserve History: gold convertibility ends
Good to know
Questions
Is this the rate I would get at a bank?
No. These are daily reference rates, close to the mid-market rate. Banks and transfer services add a margin and fees, so the amount you receive is usually lower.
How often is the rate updated?
Once a day. The latest figure here is dated 23 Oct 2026 and is not real time.
Where does the data come from?
Frankfurter, an open service that publishes daily reference rates. Confirm with your bank or provider before you transact.