Philippines Currency to USD: A Comprehensive Guide

The Philippines is a popular tourist destination, and as such, understanding the local currency is essential for a smooth trip. The Philippine peso is the official currency, denoted by the symbol ₱.

You can exchange your US dollars for Philippine pesos at a currency exchange office, a bank, or a hotel. The exchange rate may vary depending on the location and the provider.

Consider reading: Philippine Sarswela

The Philippine Peso is the official currency of the Philippines, and it's used to buy things like food, transportation, and souvenirs.

You can convert Philippine Pesos to US Dollars using live currency rates, which are updated in real-time.

As of January 16th, 2025, 1 Philippine Peso is equivalent to 0.0171 US Dollar.

To convert Philippine Pesos to US Dollars, it's as simple as seeing the value of the converted currency according to the most recent exchange rate.

You can use a live currency converter to get the latest exchange rate and make conversions easily.

The exchange rate between Philippine Pesos and US Dollars can fluctuate, so it's a good idea to check the current rate before making a conversion.

Consider reading: Australian Money vs Us Dollar

Converting Philippine Pesos to US Dollars is a breeze with live exchange rates. You can get the latest rate by visiting a currency conversion website, where you'll find 1 Philippine Peso equals 0.0171 US Dollar.

The exchange rate can fluctuate, but as of January 15, 2025, the best PHP to USD exchange rate is 0.01707 USD. This means that for every Philippine Peso you exchange, you'll receive 0.01707 US Dollars.

You can also check the exchange rate history for the past 7 days to see how the rate has changed. For example, on January 10, 2025, 1 Philippine Peso was equal to 0.017 USD.

If you're planning a trip to the Philippines, you can use the current exchange rate to estimate how much Philippine Peso you'll get for your US Dollars. For instance, with an exchange rate of 52.27 USD/PHP, you can expect to get 52.27 PHP for one USD.

Additional reading: Chile Peso Exchange Rate

To convert larger amounts of Philippine Pesos to US Dollars, you can use a conversion table. Here's a table showing the conversion rates for various amounts of Philippine Pesos:

You can also convert US Dollars to Philippine Pesos using a conversion table. Here's a table showing the conversion rates for various amounts of US Dollars:

By using live exchange rates and conversion tables, you can easily convert Philippine Pesos to US Dollars and vice versa.

The Philippine Peso has experienced fluctuations against the US Dollar in recent times. Over the past 10 years, the Philippine Peso has declined -20.08% against the US Dollar.

Looking at the exchange rate history, we can see that the PHP/USD rate has been relatively stable in January 2025, with a rate of 1 PHP = 0.017 USD on multiple days. However, there was a slight increase to 1 PHP = 0.0171 USD on January 10th and 15th.

Expand your knowledge: Philippine Peso to Thai Baht

Here's a breakdown of the exchange rate history for January 2025:

The Philippine peso has shown a remarkable ability to rise in value, and it's all thanks to a combination of factors. In 2020, the government's strict lockdown to prevent the spread of COVID-19 led to an economic slowdown, causing demand for imports to collapse.

Imports fell more than exports, resulting in a surplus in the Philippine currency account. This surplus caused the Philippine peso to rise 4% against the U.S. dollar, making it the best-performing Asian currency of that year.

The peso's strength is not just a one-time event, but it's also reflected in its exchange rate with the U.S. dollar. The highest PHP to USD exchange rate in the last year was 0.01807 US Dollars per Philippine Peso on March 11, 2024.

Here's an interesting read: Germany Currency Rate

The value of a currency can fluctuate significantly over time, and the Philippine peso is no exception. One major factor that can cause a currency to get weaker is uncertainty about economic and political conditions.

The coronavirus pandemic is a prime example of this, as it created widespread uncertainty and led to a decline in the value of the Philippine peso by about 4.2% against the U.S. dollar in 2021.

Uncertainty can be caused by various factors, including economic downturns, political instability, and natural disasters. In the case of the Philippines, the country's history of economic and political turmoil has had a lasting impact on its currency.

The Philippines has experienced its fair share of economic and political challenges, including World War II and the subsequent occupation by Japan. This period of uncertainty had a lasting impact on the country's economy and currency.

Here are some key events that have contributed to the Philippines' economic and political uncertainty:

These events have all contributed to the Philippine peso's value decline over the years.

The Philippine Peso has been on a downward trend against the US Dollar, with a year-to-date decrease of -0.65% and a 10-year decline of -20.08%.

The exchange rate between the two currencies has fluctuated over the years, with the highest rate in the last 10 years being 0.02181 US Dollars per Philippine Peso on March 30, 2016.

The current exchange rate as of January 15, 2025, is 0.01707 USD, with the Philippine Peso decreasing in value compared to the US Dollar by -5.07% in the last year.

Here's a breakdown of the exchange rate history for the last 14 days:

The lowest point in the last year was 0.01683 US Dollars per Philippine Peso on December 18, 2024, and the highest point was 0.01807 US Dollars per Philippine Peso on March 11, 2024.