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1 Philippine Peso to US Dollar

Updated 4 minutes ago
Convert 1 PHP:USD
 PHP =
    USD
 Philippine Peso =  US Dollars
Trending: ₱ exchange rates for the last 24 hours
  • PHP/USD 0.017218 -0.00055685
  • PHP/EUR 0.015858 -0.00054149
  • PHP/JPY 2.705294 0.02731871
  • PHP/GBP 0.013498 -0.00054091
  • PHP/CHF 0.015708 0.00008768
  • PHP/MXN 0.289270 -0.01471944
  • PHP/INR 1.432791 -0.04095424
  • PHP/BRL 0.088820 0.00050110
  • PHP/CNY 0.122421 -0.00550387

PHP/USD exchange rate analysis over the past 90 days

Philippine Peso to US Dollar exchange rate: Over the last 90 days, the Philippine Peso weakened by -3.23% against the US Dollar, declining from $0.0178 to $0.0172 per Philippine Peso. This trend reflects the evolving economic dynamics between the Philippines and the United States. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Philippines and United States.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Philippines and United States.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Philippines or United States.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Philippines relative to the United States.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

php/usd Historical Chart

Philippine Peso Currency

Country: Philippines

Symbol:

ISO Code: PHP

Bank: Bangko Sentral ng Pilipinas

Interesting fact about Philippine Peso

The Philippine Peso (PHP) is the official currency of the Philippines. It has a rich history dating back to Spanish colonial rule and has evolved to become an essential part of the country's economy. The PHP is significant in the Philippines as it facilitates trade, investment, and daily transactions, contributing to the growth and development of the nation's economy.

$
US Dollar Currency

Country: United States

Symbol: $

ISO Code: USD

Bank: Federal Reserve System

Interesting fact about US Dollar

The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.

Quick Conversion Guide

Frequently Asked Questions

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The Philippine Peso to US Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 PHP to USD is $0.02.
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Yes, our site provides historical charts that show the trends and fluctuations in the Philippine Peso to US Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.