1 Million Philippine Pesos to US Dollars (2024)

1,000,000 PHP = 17,148 USD July 18, 2024 11:05 AM UTC

One million Philippine Pesos are worth $17,148 today as of 11:05 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=17,148US Dollars

1 PHP = 0.01715 USD1 USD = 58.314 PHP

Last update 2024-7-18 11:05 AM UTC

InvertPHP to USD Conversion Chart

  • 1M
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  • 6M
  • 1Y
  • 3Y
  • 5Y

This chart shows data from 2023-7-18 to 2024-7-17. The average exchange rate over this period was 0.01767 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 0.01839 US Dollars per Philippine Peso on July 18, 2023.

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

The low point was 0.01696 US Dollars per Philippine Peso on June 26, 2024.

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

The PHP/USD rate is down -6.54%. 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$0.01718$0.01752
Low$0.01696$0.01696
Avg$0.01707$0.01718
Volatility+0.83%-1.57%
Download History

Convert PHP to USD

Philippine Peso US Dollar
₱100$1.7148
₱500$8.5742
₱1,000$17.148
₱1,500$25.723
₱2,000$34.297
₱2,500$42.871
₱5,000$85.742
₱10,000$171.48
₱50,000$857.42
₱100,000$1,714.84
₱250,000$4,287.10
₱500,000$8,574.20
₱1,000,000$17,148
₱2,500,000$42,871
₱5,000,000$85,742
₱10,000,000$171,484

Convert USD to PHP

US Dollar Philippine Peso
$158.314
$5291.57
$10583.14
$15874.72
$201,166.29
$251,457.86
$502,915.72
$1005,831.45
$50029,157
$1,00058,314
$2,500145,786
$5,000291,572
$10,000583,145
$25,0001,457,862
$50,0002,915,725
$100,0005,831,450

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 = 0.01715 US Dollars as of July 18, 2024 11:05 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 = 17,148 US Dollars as of July 18, 2024 11:05 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 58.314 PHP.Conversely, 1 PHP is worth 0.01715 USD.

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

The Philippine Peso isdown -5.00%year to date against the US Dollar.In the last 10 years, the Philippine Peso isdown -23.32%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 (2024)

FAQs

How much can 1 USD buy in the Philippines? ›

1 USD = 58.257502 PHP Jul 17, 2024 18:16 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.

How much is $100 US in the Philippines? ›

US Dollars to Philippine Pesos conversion rates
USDPHP
100 USD5,823.42 PHP
500 USD29,117.10 PHP
1,000 USD58,234.20 PHP
5,000 USD291,171.02 PHP
7 more rows

How much is ₱1000 in US dollars? ›

US Dollars to Philippine Pesos conversion rates
PHPUSD
1,000 PHP17.07 USD
5,000 PHP85.36 USD
10,000 PHP170.73 USD
50,000 PHP853.68 USD
7 more rows

How much is $5000 US dollars in the Philippines? ›

US Dollars to Philippine Pesos conversion rates
USDPHP
500 USD29,084.72 PHP
1,000 USD58,169.44 PHP
5,000 USD290,847.21 PHP
10,000 USD581,694.43 PHP
7 more rows

What is the average salary in the Philippines? ›

Philippines Average Salary

The average monthly salary in the Philippines is around 44,800 PHP, corresponding to about USD 800.12 according to the survey conducted by Salary Explorer. The average yearly salary in the Philippines is around 537,000 PHP, which corresponds to about USD 9574.41.

Can a US citizen buy a lot in the Philippines? ›

Foreigners are prohibited from owning land in the Philippines, but can legally own a residence. The Philippine Condominium Act allows foreigners to own condo units, as long as 60% of the building is owned by Filipinos. If you want to buy a house, consider a long-term lease agreement with a Filipino landowner.

How much is a house in the Philippines? ›

Average Home Prices in the Philippines

Small to medium sized houses (80 to 150 sqm) usually range from ₱3.5 million (about $63,000) to ₱5 million ($90,000). Larger family homes (200 to 400 sqm) average between ₱10 million ($180,000) to ₱20 million ($360,000).

How much is a meal in Philippines? ›

It's safe to say that in Manila, one can have a hefty complete meal at Php500 (around 10 US Dollars) but you can also have a fair simple meal at Php150 (around 2-3 US Dollars). Upscale restaurants in central districts and prime areas would have double or triple (or more!) the prices. The range can vary so much.

Are things cheaper in the Philippines? ›

The Philippines is one of the ideal destinations for bargain shopping. Here you can find cheaper items that are sold at flea markets (tiangge) and open markets like Divisoria, Market! Market! and Greenhills, these markets are definitely the right place for a shopper who seeks bargains and cheap buys.

What is $1 US in Filipino money? ›

58.22 PHP

How much is $1 000 in the Philippines? ›

US Dollars to Philippine Pesos: exchange rates today
USDPHP
1,000 USD58,060.82 PHP
2,000 USD116,121.65 PHP
5,000 USD290,304.14 PHP
10,000 USD580,608.29 PHP
8 more rows

How many pesos is $1.00 US? ›

17.70420 MXN

How much is the average rent in the Philippines? ›

On average, rental prices for a 1 bedroom apartment range from about $250 to up to $800 per month. A nice 2 bedroom apartment can cost anywhere from $400 to up to $1800 per month, depending on the same criteria," said another in Philippines.

What is the cost of living in the Philippines? ›

A family of four estimated monthly costs are 1,870.2$ (108,913.1₱) without rent. A single person estimated monthly costs are 541.9$ (31,560.0₱) without rent. Cost of living in Philippines is, on average, 56.3% lower than in United States. Rent in Philippines is, on average, 83.5% lower than in United States.

How much to buy a dollar in the Philippines? ›

Foreign Exchange Rates
as of 2024-07-15 :28:15
CurrencyBuySell
USD58.10058.800
GBP71.5276.85
AUD37.3040.41
17 more rows

How much does it cost to buy US dollars in the Philippines? ›

Download Our Currency Converter App
Conversion rates US Dollar / Philippine Peso
1 USD58.41130 PHP
5 USD292.05650 PHP
10 USD584.11300 PHP
20 USD1168.22600 PHP
8 more rows

How much USD allowed in Philippines? ›

Currency Regulations

The transportation of foreign currency or monetary instruments is legal. However, the carrying of foreign currency in excess of US$10,000.00 or its equivalent in other foreign currencies must be declared to a Customs Officer or the Bangko Sentral ng Pilipinas.

How much can 20 USD buy in the Philippines? ›

Download Our Currency Converter App
Conversion rates US Dollar / Philippine Peso
5 USD291.06250 PHP
10 USD582.12500 PHP
20 USD1,164.25000 PHP
50 USD2,910.62500 PHP
8 more rows

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

Download Our Currency Converter App
Conversion rates Philippine Peso / US Dollar
50 PHP0.85768 USD
100 PHP1.71535 USD
250 PHP4.28837 USD
500 PHP8.57675 USD
8 more rows

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