USD/PHP is a high-intent remittance and household-planning pair that complements the existing Asia currency pages.
USD/PHP is the number of Philippine pesos one US dollar buys. It is a key reference for remittances, trade, outsourcing revenue, travel, and household budgets connected to dollar-denominated income or costs.
The peso can respond to Philippine interest rates, inflation, import costs, external balances, and global dollar conditions. Overseas remittance flows are also important to the broader supply of foreign currency in the Philippine economy.
This page can update intraday during the trading week and displays both USD-to-PHP and PHP-to-USD. Every observation is source-labeled and timestamped; it is indicative rather than a guaranteed remittance or bank execution rate.
Frequently asked questions
What does USD/PHP measure?
USD/PHP is the number of Philippine pesos equivalent to one US dollar. The inverse rate shows the dollar value of one peso.
Why are remittances relevant to USD/PHP?
Money sent home by overseas workers is a significant source of foreign currency, so remittance patterns matter to the peso’s broader market context.
Is USD/PHP available intraday?
It can update intraday on trading days. The response source, market_session, and data_updated_at fields identify the exact observation.
How do I get USD/PHP from the API?
GET /v1/latest/USD?symbols=PHP returns the indicative rate and its freshness metadata.
Will a transfer provider match this rate?
Not necessarily. Providers apply their own spread, fees, execution timing, and rounding to customer conversions.