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US dollar to Philippine peso Exchange Rate History - XTransfer

US dollar to Philippine peso Historical Exchange Rates

Welcome to the USD to PHP exchange rate history page. This page contains detailed daily historical exchange rates between USD and PHP from 2025-3-8 to 2026-03-22, making it easy to look up and reference.

Amount
Result

1 USD = 59.936 PHP

13:31 Exchange Rate

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1 US dollar to Philippine peso Historical Exchange Rate Trends

1 USD = -- PHP

13:31 Exchange Rate

USD - PHP+0%
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1M
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1 US dollar to Philippine peso Data Statistics

This section organizes the historical exchange rate data of 1 USD to PHP, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
59.936
60.03
60.03
60.03
Low
59.936
58.926
57.555
57.555
Average
59.936
59.6123
58.8344
58.8314

Past 7 days historical exchange rates

Below are the daily average exchange rates of USD to PHP for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of PHP to USD, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

USD to PHP - Last 7 Days

USDUSDPHPPHP
2026-03-22
59.936
USDUSDPHPPHP
2026-03-21
59.936
USDUSDPHPPHP
2026-03-20
59.9115
USDUSDPHPPHP
2026-03-19
60.03
USDUSDPHPPHP
2026-03-18
59.652
USDUSDPHPPHP
2026-03-17
59.78
USDUSDPHPPHP
2026-03-16
59.68

PHP to USD - Last 7 Days

PHPPHPUSDUSD
2026-03-22
0.017
PHPPHPUSDUSD
2026-03-21
0.017
PHPPHPUSDUSD
2026-03-20
0.0167
PHPPHPUSDUSD
2026-03-19
0.02
PHPPHPUSDUSD
2026-03-18
0.017
PHPPHPUSDUSD
2026-03-17
0.02
PHPPHPUSDUSD
2026-03-16
0.02

USDUSD - Dollar

The US dollar officially became the official currency of the United States in 1792, initially adopting the gold and silver standard. After World War II, the US dollar became the world's main reserve currency in the Bretton Woods system. In 1971, the United States abolished the peg of the US dollar to gold and switched to a floating exchange rate. Today, the US dollar is still the dominant currency in global trade, investment and financial markets, enjoying a high degree of international credit and widespread use.

  • Supporting unit:1 cent
  • Denomination of banknotes:$1, $5, $10, $20, $50, $100
  • Reserve currency:The US dollar is the world's primary reserve currency.
  • Banknote material:Made primarily of 75% cotton and 25% linen.
  • Metal composition:Alloys such as copper, nickel, and zinc
  • Currency symbol:$ or US$
  • Paper currency size:156mm × 66mm (All denominations have the same size)
  • language:en
  • Main unit:1 US dollar
  • ISO code:USD
  • Currency name:US dollar
  • Cents per dollar:100
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Federal Reserve System
  • Safe-haven currency:The US dollar is usually regarded as a safe-haven currency.
  • Coin denomination:1¢, 5¢, 10¢, 25¢, 50¢, $1
  • Countries of Use:The United States (including some overseas territories) and certain countries and regions that use the US dollar as their official or circulating currency.
  • Cross-border payment:The dollar cross-border payment network covers approximately 200 countries and regions worldwide.

PHPPHP - Philippine Peso

The Philippine Peso has been in circulation since 1852 and has undergone several reforms. PHP is an important carrier of the Philippine economy and overseas remittances, promoting domestic consumption and investment.

  • Supporting unit:1 peso = 100 centavos
  • Denomination of banknotes:20, 50, 100, 200, 500, 1000 pesos
  • Reserve currency:No, the reserve currencies are primarily the US dollar and the euro.
  • Banknote material:Combination of paper and polymer, equipped with advanced anti-counterfeiting technology.
  • Metal composition:Copper-nickel alloy, stainless steel
  • Currency symbol:
  • Paper currency size:For example, 1000 pesos is approximately 160mm × 66mm.
  • language:en
  • Main unit:1 peso
  • ISO code:PHP
  • Currency name:Philippine Peso
  • Exchange Rate System:Freely floating exchange rate system
  • Central Bank:Bangko Sentral ng Pilipinas
  • Safe-haven currency:No, the fluctuations are significant and primarily depend on foreign exchange reserves and capital flow management.
  • Coin denomination:1, 5, and 10 pesos (smaller denominations gradually phased out)
  • Countries of Use:Philippines
  • Cross-border payment:The Philippine peso supports international remittances through the SWIFT network, mainly using the US dollar as an intermediary currency in trade with Southeast Asia and North America, resulting in high efficiency in cross-border settlements.

FAQ

What is the relationship between US dollar to Philippine peso exchange rate and remittance?

The actual amount received during remittance is directly affected by the USD to PHP exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.

What exchange rate indicators should be prioritized when making cross-border payments or settlements?

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the USD to PHP exchange rate can result in substantial changes in actual amounts.

Why are the US dollar to Philippine peso exchange rates so different across platforms?

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.tCauses you to see USD to PHP on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

Is it necessary to check the historical trend of US dollar to Philippine peso exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between USD and PHP, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

How to judge the trend of US dollar to Philippine peso based on historical exchange rates?

Look at the charts of USD to PHP over the past few months. If the trend is upward, it means USD is appreciating and exchanging to PHP is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.