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USD to PHP Converter

Convert USD to PHP with real-time exchange rates, trends, and local purchasing power insights.

1 USD = 58.7110 PHP

Last updated: Nov 5, 2025, 11:59 PM UTC

R
58.7110

Quick Amounts

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.