1 Million Philippine Pesos to US Dollars (2025)

1,000,000 PHP = 17,017 USD June 9, 2024 09:00 AM UTC

One million Philippine Pesos are worth $17,017 today as of 9:00 AM UTC.Check the latest currency exchange rates for the Philippine Peso, US Dollar and all major world currencies. Our currency converter is simple to use and also shows the latest currency rates.

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1,000,000Philippine Pesos=17,017US Dollars

1 PHP = 0.01702 USD1 USD = 58.765 PHP

Last update 2024-6-9 9:00 AM UTC

InvertPHP to USD Conversion Chart

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y

This chart shows data from 2023-6-8 to 2024-6-7. The average exchange rate over this period was 0.01777 US Dollars per Philippine Peso.

What was the highest PHP to USD exchange rate in the lastyear?

The high point for the PHP/USD ratewas 0.01840 US Dollars per Philippine Peso on July 14, 2023.

What was the lowest PHP to USD exchange rate in the lastyear?

The low point was 0.01702 US Dollars per Philippine Peso on June 4, 2024.

Is PHP up or down compared to USD in the lastyear?

The PHP/USD rate is down -4.58%. This means the Philippine Peso has decreased in value compared to the US Dollar.

View History Table

PHP to USD Exchange Rates

Last 30 DaysLast 90 Days
High$0.01744$0.01807
Low$0.01702$0.01702
Avg$0.01721$0.01749
Volatility-2.31%-5.82%
Download History

Convert PHP to USD

Philippine Peso US Dollar
₱100$1.7017
₱500$8.5085
₱1,000$17.017
₱1,500$25.525
₱2,000$34.034
₱2,500$42.542
₱5,000$85.085
₱10,000$170.17
₱50,000$850.85
₱100,000$1,701.69
₱250,000$4,254.23
₱500,000$8,508.47
₱1,000,000$17,017
₱2,500,000$42,542
₱5,000,000$85,085
₱10,000,000$170,169

Convert USD to PHP

US Dollar Philippine Peso
$158.765
$5293.82
$10587.65
$15881.47
$201,175.30
$251,469.12
$502,938.25
$1005,876.50
$50029,382
$1,00058,765
$2,500146,912
$5,000293,825
$10,000587,650
$25,0001,469,125
$50,0002,938,250
$100,0005,876,499

PHP to USD History Rates by Year

To view rates between the Philippine Peso and the US Dollar for a particular year, click on one of the links below.

  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015

How to Convert Philippine Pesos to US Dollars?

You can convert Philippine Pesos to US Dollars by using the exchange-rates.org currency converter in just one easy step.Simply enter the amount of PHP you want to convert to USD in the box labeled "Amount", and you’re done!You’ll now see the value of the converted currency according to the most recent exchange rate.

PHP to USD Currency Converter - FAQs

How much is 1 in USD?

1 Philippine Peso = 0.01702 US Dollars as of June 9, 2024 09:00 AM UTC.You can get live exchange rates between Philippine Pesos and US Dollars using exchange-rates.org,which aggregates real-time forex data from the most authoritative sources.

How much is 1,000,000 in USD?

1,000,000 Philippine Pesos = 17,017 US Dollars as of June 9, 2024 09:00 AM UTC.

What was the highest PHP to USD exchange rate in the last 10 years?

In the last 10 years, the highest rate from Philippine Pesos to US Dollars was on January 23, 2015 when each Philippine Peso was worth $0.02276 USD.

When is the best time to convert PHP to USD?

The PHP and USD can be traded 24x5 starting from the time markets open on Monday mornings in Sydney all the way to the time markets close on Fridays at 5 pm in New York. Exchange rates can fluctuate by the minute while markets are open. However, the time between 3-4 PM GMT is often a good time to convert Philippine Pesos to US Dollars because currency market liquidity and trading volume tend to be the highest during this time. Also, it’s best to convert Philippine Pesos to US Dollars early in the week if you need US Dollars urgently. If you execute a trade late in the week, it might not settle until the following week given that forex markets are closed on weekends.

Which is stronger, PHP or USD?

The US Dollar is currently stronger than the Philippine Peso given that 1 USD is equal to 58.765 PHP.Conversely, 1 PHP is worth 0.01702 USD.

Is the Philippine Peso up or down against the US Dollar?

The Philippine Peso isdown -5.73%year to date against the US Dollar.In the last 10 years, the Philippine Peso isdown -23.91%against the US Dollar.As a result, the Philippine Peso haslostpurchasing power compared to the US Dollar over the last 10 years.

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1 Million Philippine Pesos to US Dollars (2025)

FAQs

1 Million Philippine Pesos to US Dollars? ›

More specifically, the best time to trade USD/PHP is between 12:00 and 15:00 GMT when the market is most liquid. Weekends tend to see higher USD value because foreign currency cash flows slow down. So, it may be a good idea to convert US dollars to pesos on weekends or whenever the former is stronger.

How much is $1 US in Philippine pesos? ›

57.19 PHP

How much is $5000 Philippine pesos in US dollars? ›

US Dollars to Philippine Pesos conversion rates
PHPUSD
1,000 PHP17.40 USD
5,000 PHP87.02 USD
10,000 PHP174.05 USD
50,000 PHP870.29 USD
7 more rows

How much is $100 Philippine money worth in the United States? ›

US Dollars to Philippine Pesos conversion rates
PHPUSD
100 PHP1.74 USD
500 PHP8.70 USD
1,000 PHP17.40 USD
5,000 PHP87.03 USD
7 more rows

How much is $1000 American in Philippine pesos? ›

57,053.62 PHP

How much is $100 US in peso? ›

Download Our Currency Converter App
Conversion rates US Dollar / Mexican Peso
100 USD1,886.63000 MXN
250 USD4,716.57500 MXN
500 USD9,433.15000 MXN
1000 USD18,866.30000 MXN
8 more rows

How much is $20 Philippine pesos in US dollars? ›

Download Our Currency Converter App
Conversion rates Philippine Peso / US Dollar
1 PHP0.01743 USD
5 PHP0.08713 USD
10 PHP0.17427 USD
20 PHP0.34854 USD
8 more rows

What is the best time to exchange dollars to Philippine Pesos? ›

More specifically, the best time to trade USD/PHP is between 12:00 and 15:00 GMT when the market is most liquid. Weekends tend to see higher USD value because foreign currency cash flows slow down. So, it may be a good idea to convert US dollars to pesos on weekends or whenever the former is stronger.

How much is $500 US dollars worth in the Philippines? ›

Convert US Dollar to Philippine Peso
USDPHP
100 USD5,860.50 PHP
500 USD29,303 PHP
1,000 USD58,605 PHP
10,000 USD586,050 PHP
5 more rows

How much is $5 US dollars in the Philippines? ›

Download Our Currency Converter App
Conversion rates US Dollar / Philippine Peso
1 USD57.65740 PHP
5 USD288.28700 PHP
10 USD576.57400 PHP
20 USD1,153.14800 PHP
8 more rows

Why is the dollar so strong in the Philippines? ›

Then, there's the lopsided trade scales between the nations. The Philippines, in their thirst for US goods and services, import more than they export. This voracious appetite for imports necessitates the purchase of US dollars, bolstering the dollar's strength.

Are things expensive in the Philippines? ›

Cost of living in Philippines is, on average, 56.2% lower than in United States. Rent in Philippines is, on average, 83.6% lower than in United States.

How much is $1 US in Filipino? ›

1 USD = 57.190496 PHP Aug 09, 2024 05:13 UTC

The currency converter below is easy to use and the currency rates are updated frequently. This is very much needed given the extreme volatility in global currencies lately. Sending money abroad is as easy as ever.

What is the highest currency in the world? ›

The Kuwaiti Dinar (KWD), recognized as the highest-valued currency globally, symbolizes Kuwait's economic strength.

What is the highest exchange rate for the Philippines pesos? ›

The highest US dollar to Philippine pesos rate was on June 27, 2024 when 1 US dollar was worth 58.9231 Philippine peso.

How much is the dollar rate in BDO today? ›

USD to BDO
AmountToday at 4:35 pm
0.5 USD115.04 BDO
1 USD230.07 BDO
5 USD1,150.35 BDO
10 USD2,300.71 BDO
4 more rows

What is the highest dollar rate in the Philippines history? ›

Frequently asked questions (FAQs) about the rate

The highest US dollar to Philippine pesos rate was on June 27, 2024 when 1 US dollar was worth 58.9231 Philippine peso.

What is the USD to PHP forecast for 2025? ›

Highlights and Key Points: USD to PHP Forecast 2024-2030

The year 2024 is projected to start with a slight increase in the exchange rate, eventually climbing to around ₱ 59.54 - ₱ 61.96 by the year's end. In 2025, US Dollar will continue strengthening against Philippine Peso, potentially reaching ₱ 64.02.

What is the best time to exchange dollars to Philippine pesos? ›

More specifically, the best time to trade USD/PHP is between 12:00 and 15:00 GMT when the market is most liquid. Weekends tend to see higher USD value because foreign currency cash flows slow down. So, it may be a good idea to convert US dollars to pesos on weekends or whenever the former is stronger.

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