What is the USD/PHP exchange rate today?

Around 59-62 pesos per dollar. The BSP actively manages volatility.

Why is USD/PHP going up or down?

Monthly OFW remittance flows provide a structural floor - around $3B arrives each month regardless of market conditions.

What affects the USD/PHP exchange rate?

OFW remittances, BSP vs Fed rate differential, oil import costs, and Philippine trade balance.

How do you read the USD/PHP chart?

Rising line means a weaker peso. Monthly remittance data and BSP rate meetings are the highest-impact calendar events.

Can I trade USD/PHP on weekends?

Regular USD/PHP trading closes on Friday at 21:00 GMT. However, on IQ Option you can still trade USD/PHP over the weekend as an OTC instrument. Available in Binary, Blitz, and Digital Options.

USD/PHP Exchange Rate Today — Live Chart and Analysis

The USD to PHP rate shows how many Philippine pesos one US dollar buys. OFW remittances of around $36 billion annually provide structural peso support - roughly $3 billion per month entering the economy.

Buy price

62.5469

Sell price

62.5468

USD/PHP chart

Price Performance

Information regarding past performance is not a reliable indicator of future performance.

Analysis

Weakening as the BSP cut rates from 6.5% to 5.25%, the peso faces a narrowing rate differential. Monthly remittances of roughly $3 billion remain strong. The Philippines imports roughly 90% of its oil needs — higher crude costs widen the current account deficit and pressure the peso. Support: 59–60. Resistance: 62–64.

How can I buy USD/PHP?

1
Sign up

Create an account and complete a quick verification.
2
Deposit funds

Add money to your wallet via card, bank transfer, or crypto.
3
Trade

Choose USDPHP, set the amount, and click buy or sell — that’s it!

USD/PHP

USDPHP

62.5469

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