Last updated: Nov 5, 2025, 11:59 PM UTC
Context Information
Local Purchasing Power
₱58.71 ≈
- 2 servings of street food in Manila 🍢
- 4.9 jeepney rides in Manila 🚌
- 0.5 cups of coffee in Manila ☕
30-Day Trend
USD to PHP is 1.04% stronger than 30 days ago
7-Day Trend
Exchange rate movement over the past week
Understanding USD to PHP Exchange Rates
The Philippine Peso (PHP) is the official currency of the Philippines. USD/PHP exchange rates are heavily influenced by remittances from overseas Filipino workers (OFWs), which represent a significant portion of the country's GDP. The peso 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 be sensitive to global economic conditions and investor sentiment toward emerging Asian markets.