Last updated: Nov 5, 2025, 11:59 PM UTC
Context Information
Local Purchasing Power
₱1.00 ≈
- 0.0 servings of street food in Manila 🍢
- 0.1 jeepney rides in Manila 🚌
30-Day Trend
PHP to USD is 1.02% weaker than 30 days ago
7-Day Trend
Exchange rate movement over the past week
Understanding PHP to USD Exchange Rates
The Philippine Peso (PHP) is the official currency of the Philippines. PHP/USD exchange rates are heavily influenced by remittances from overseas Filipino workers (OFWs), which represent a significant portion of the country's GDP. The peso's value relative to the dollar is also affected by the Bangko Sentral ng Pilipinas (BSP) monetary policy, US Federal Reserve decisions, commodity prices, tourism flows, and foreign direct investment. The peso tends to weaken during periods of global economic uncertainty as investors shift to safe-haven currencies.