Convert PHP to USD at the mid-market exchange rate. Access real-time rates via our /api/rate endpoint (free API key required) or the developer docs.
Exchange Rate Trend
PHP → USD
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PHP to USD Conversion Table
Convert PHP to USD
PHP
USD
₱1
$0.02
₱5
$0.08
₱10
$0.16
₱25
$0.40
₱50
$0.80
₱100
$1.60
₱500
$7.98
₱1,000
$15.95
₱5,000
$79.76
₱10,000
$159.52
Convert USD to PHP
USD
PHP
$1
₱62.69
$5
₱313.4501
$10
₱626.9003
$25
₱1,567.2507
$50
₱3,134.5015
$100
₱6,269.0029
$500
₱31,345.0146
$1,000
₱62,690.0292
$5,000
₱313,450.1458
$10,000
₱626,900.2915
About the Philippine Peso (PHP)
The Philippine Peso (PHP) is managed by Bangko Sentral ng Pilipinas. The currency is significantly supported by overseas worker remittances, which are among the highest in the world.
Key Factors That Influence PHP
OFW remittances
BSP monetary policy
BPO industry performance
Agricultural output
Foreign investment flows
About the US Dollar (USD)
The United States Dollar (USD) is the world's primary reserve currency and the most traded currency globally. It is issued by the Federal Reserve and is used as the benchmark for commodities like oil and gold.
Key Factors That Influence USD
Federal Reserve interest rate decisions
US employment data and GDP growth
Inflation rates (CPI)
Global risk sentiment and safe-haven demand
Trade balance and current account
Understanding the PHP/USD Exchange Rate
The PHP/USD exchange rate tells you how many United States dollars you get for 1 Philippine Peso.
This is the mid-market rate — the real exchange rate without any markup. It's the same rate used by Google Finance.
AllRatesToday provides this rate via a free REST API, updated every 60 seconds from institutional interbank market data.
Integrate live PHP/USD rates into your app with our official SDKs for JavaScript, Python, PHP, and React.
The exchange rate between PHP and USD fluctuates based on supply and demand in the foreign exchange market.
Economic data releases, central bank announcements, and geopolitical events can all cause significant movements in the rate.
Currency converter API for PHP to USD
This converter is a thin layer over two APIs. Both return JSON, both take one
HTTP call, and both have a free tier — no credit card.
Mid-market exchange rate API
The live interbank midpoint — the number shown above. It moves continuously
and is refreshed every 60 seconds across 160 currencies.
Use it for pricing, checkout, display and anything a customer sees.
The rate a named institution actually published for a given date, from
116 central banks and 3 tax
authorities. Unlike a mid-market rate it never changes after publication,
which is what tax filings, customs valuations and audits require.
Any past date — /central-bank/{bank}/2026-06-30. If the bank did not publish that day you get the most recent prior date, flagged.
Every bank at once — /api/v1/central-banks/rates returns all sources for one pair, so you can compare what each institution published.
Nothing is guessed — pairs a bank does not print are cross-computed from that bank's own table and returned with "derived": true and the method used. Banks are never mixed.
An MCP server — @allratestoday/mcp-server — lets Claude, Cursor and other MCP clients pull these rates directly, no glue code.
Free tier
300 requests, no credit card, no trial expiry. Paid plans start at €4.99/month for 5,000 requests a month.
Which one do you need? If a regulator, tax authority or auditor
names the source, use the official rate — the two can differ by several percent
on the same day. For everything a customer sees, use the mid-market rate.
On weekends and holidays the official endpoints return the most recent published
date, which is the figure compliance rules expect you to apply.
Official PHP and USD Central Bank Rates
The rate on this page is the live mid-market rate. For tax filings, customs valuations, audits, and
compliant invoicing you often need the official reference rate published by the central bank instead.
AllRatesToday also serves published central-bank rates as JSON, with history and a free latest-rates tier.
Exchange rates are determined by supply and demand in the global foreign exchange (forex) market,
the largest financial market in the world with over $6 trillion traded daily.
Floating vs Fixed Rates: Most major currencies like PHP and USD have floating exchange rates,
meaning their value is determined by market forces. Some currencies are pegged to another currency (usually USD) at a fixed rate.
Bid and Ask Prices: In forex markets, currencies are quoted with a bid price (what buyers pay) and ask price (what sellers receive).
The mid-market rate shown on this page is the midpoint between these two prices.
Rate Fluctuations: The PHP/USD rate can change every second during trading hours.
Major economic announcements, interest rate decisions, and geopolitical events can cause significant moves in either direction.
Frequently Asked Questions About PHP/USD
How do I convert PHP to USD?
To convert PHP to USD: (1) Use the calculator above to see the live mid-market rate.
(2) For programmatic access, call our API: GET /api/v1/rates?source=PHP&target=USD.
Current rate: 1 PHP = 0.0160 USD.
Get your free API key at allratestoday.com/register.
What is 1 PHP in USD today?
1 PHP equals 0.0160 USD as of today.
This is the mid-market exchange rate, which is the real rate without any bank markup.
Rates fluctuate constantly based on market conditions, so check back regularly for updates.
Is the PHP going up or down against USD today?
The PHP/USD exchange rate fluctuates throughout the day based on market conditions.
Today's rate is 1 PHP = 0.0160 USD.
Check our historical chart above to see the trend over the past day, week, month, or year
to understand whether PHP is strengthening or weakening against USD.
What is the best time to buy USD with PHP?
The best time to exchange PHP to USD depends on market conditions.
Generally, rates tend to be more favorable during overlapping trading hours between major financial centers
(London, New York, Tokyo). Avoid exchanging during weekends or bank holidays when spreads may be wider.
Use our historical chart to identify trends and consider setting up rate alerts.
Why is PHP falling or rising against USD?
Exchange rates between PHP and USD are influenced by: interest rate differentials between
central banks, inflation rates, GDP and economic growth data, trade balances, political stability,
and global market sentiment. Major announcements from the Federal Reserve, ECB, or other central banks
can cause significant short-term movements in the PHP/USD rate.
How can I get PHP/USD rates in my app?
Use the AllRatesToday API: (1) Register for a free API key at allratestoday.com/register.
(2) Call GET /api/v1/rates?source=PHP&target=USD with your Bearer token.
(3) Rates update every 60 seconds from institutional interbank market data.
(4) Install our official SDK for JavaScript (npm), Python (PyPI), or PHP (Packagist) for even faster integration.
What is the mid-market rate for PHP/USD?
The mid-market rate (also called the interbank rate) is the midpoint between buy and sell prices
in global currency markets. The current mid-market rate is 1 PHP = 0.0160 USD.
This is the "real" exchange rate without any bank markup.
AllRatesToday provides this rate via a free API, sourced from institutional interbank market data.
Other PHP conversions
Building PHP/USD into software?
These rates come from the AllRatesToday API. If you need them in an
application rather than on a page, these are the places to start:
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