PHP to USD today: Philippine peso to US dollar
₱1 = 0.0159 USD, so ₱1,000 buys 15.94 USD and ₱10,000 buys 159.37 USD at the official rate. At BPI's selling rate of ₱62.6500 (2 Oct 2026, 4:19 PM), the same ₱10,000 buys 159.62 USD. A year earlier ₱1,000 bought 17.17 USD; the peso is weaker against the US dollar by 7.2%. Next: compare the bank columns below and buy where your pesos go furthest; branches and money changers are listed on the offices by province page.
Rate: BSP Reference Exchange Rate Bulletin, 2 Oct 2026. Working: ₱1,000 ÷ ₱62.7480 per USD = 15.94 USD.
1 USD = ₱62.7480 · ₱1 = 0.0159 USD · official rate (BSP weighted average), 2 Oct 2026
The converter applies the 2 Oct 2026 rate with no spread. Next: compare bank selling rates or see what common peso amounts buy.
What your pesos buy in USD
| Pesos | Official rate | At BPI | At Metrobank |
|---|---|---|---|
| ₱100 | 1.59 | 1.60 | 1.59 |
| ₱500 | 7.97 | 7.98 | 7.93 |
| ₱1,000 | 15.94 | 15.96 | 15.86 |
| ₱5,000 | 79.68 | 79.81 | 79.30 |
| ₱10,000 | 159.37 | 159.62 | 158.60 |
| ₱20,000 | 318.74 | 319.23 | 317.21 |
| ₱50,000 | 796.84 | 798.08 | 793.02 |
| ₱100,000 | 1,593.68 | 1,596.17 | 1,586.04 |
USD received for each peso amount at the 2 Oct 2026 official rate. Bank columns use each bank's posted selling rate (2 Oct 2026, 4:19 PM; 2 Oct 2026, 9:09 AM).
Buying USD at a Philippine bank
BPI sells at ₱62.6500 and buys at ₱62.1500, so on ₱50,000 its spread costs about ₱200.32; Metrobank sells at ₱63.0500 and buys at ₱62.5500, so on ₱50,000 its spread costs about ₱199.04. Board rates are posted during the day while the official rate reflects the previous trading day, so a bank can sell slightly below the official figure on a day the peso has strengthened.
| Bank, as of | Buys USD (transfer) | Sells USD | Buy-sell spread |
|---|---|---|---|
| BPI2 Oct 2026, 4:19 PM | ₱62.1500 | ₱62.6500 | ₱0.5000 (0.80%) |
| Metrobank2 Oct 2026, 9:09 AM | ₱62.5500 | ₱63.0500 | ₱0.5000 (0.80%) |
Pesos per 1 USD, as each bank posts them; official rate ₱62.7480. Columns a listed bank does not publish are left out.
Next: for cash, find a bank branch or BSP-registered money changer on the offices by province page.
The peso against the US dollar
| Period to 2 Oct 2026 | ₱1,000 bought, start | Best | Worst |
|---|---|---|---|
| 30 days | 16.04 USD2 Sep 2026 | 16.042 Sep 2026 | 15.9116 Sep 2026 |
| 90 days | 16.24 USD3 Jul 2026 | 16.477 Aug 2026 | 15.9116 Sep 2026 |
| 365 days | 17.17 USD2 Oct 2025 | 17.3727 Feb 2026 | 15.9116 Sep 2026 |
USD that ₱1,000 bought at the official rate on each date.
Paying or sending pesos abroad in USD
For tuition, rent or a family member abroad, a bank wire or a remittance app converts your pesos at its own rate. Ask for the USD amount that will arrive and compare it with the official figure above: ₱20,000 should land close to 318.74 USD before fees. Next, for money coming the other way: USD to PHP, with what remittance firms charge.
Cash for a trip: buy at a bank or a BSP-registered money changer, listed by town on the remittance and money changer offices page. Keeping dollars in a foreign currency deposit account? Its interest is taxed at a 20% final tax since 1 July 2025 (RA 12214, CMEPA); see final tax. For tax, a business converts US-dollar amounts at the Bankers Association of the Philippines rate on the transaction day (BIR RMC 12-2024).
PHP to USD questions
How much is ₱5,000 in USD?
₱5,000 ÷ ₱62.7480 = 79.68 USD at the 2 Oct 2026 rate; ₱25,000 is 398.42 USD. A bank or money changer gives fewer US dollars, because its selling rate includes a spread.
What is the BPI and Metrobank selling rate for USD today?
BPI: ₱62.6500 per USD (2 Oct 2026, 4:19 PM); Metrobank: ₱63.0500 per USD (2 Oct 2026, 9:09 AM). The official rate for 2 Oct 2026 is ₱62.7480. Board rates are indicative and can change during the day; the branch gives the final rate.
Is the peso stronger or weaker against the US dollar than three months ago?
Weaker. On 3 Jul 2026, ₱1,000 bought 16.24 USD; on 2 Oct 2026 it buys 15.94 USD.
Which USD rate does the BIR use for tax?
Under RMC 12-2024, US-dollar transactions are converted at the Bankers Association of the Philippines rate on the transaction day, unless the taxpayer filed a sworn election for another source such as the BSP rate. Interest on a resident's dollar deposit carries a 20% final tax since 1 July 2025.