257 US Dollars to Philippine Pesos. Convert: USD in PHP [Currency Matrix] (2024)

FAQs

What is the best exchange rate for USD to PHP? ›

1 USD = 56.72 PHP - Today's Best US Dollar to Philippine Peso Exchange Rates.

Calculate it Manually

However, in order to do this, you need to know the current exchange rate. At the time of writing, ₱1 is equal to $0.017. Once you know that information, multiply the amount you have in PHP by the current exchange rate.

1 USD = 58.432506 PHP Jul 22, 2024 22:42 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.

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.

The exchange rate for US dollar to Philippine pesos is currently 58.404 today, reflecting a -0.138% change since yesterday. Over the past week, the value of US dollar has remained relatively stable, with a -0.091% decrease compared to its value 7 days ago.

Wait until you arrive in the Philippines to exchange your money. It's worth doing your research before buying your pesos, as the exchange rates offered in Europe and North America are often not as good as those you'll get on arrival.

What is the highest USD to PHP in 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.

Of course, it is not reasonable to provide a definite sum that can be accepted as a good salary in a given profession. Anyhow, we can make an assumption based on the latest estimated cost of living. A good salary already in the Philippines can go anywhere from 41,300 PHP to 62,600 PHP.

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.

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).

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, often offer the added benefit of having ATMs overseas. Online peer-to-peer foreign currency exchanges. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

The best rate to send Philippine Peso from US Dollar to your loved ones in Philippines is currently offered by MoneyGram; their 1 USD to PHP exchange rate today is 59.0451. Remitly offers the next most competitive US Dollar to Philippine Peso exchange rate today (currently 1 USD = 58.9500 PHP).

The best Mexican peso exchange rate right now is 22.0796 from Travel FX.

Today, Philippine Peso is expected to fall against the US Dollar, as the forecast expects the USD/PHP exchange rate to move to ₱ 58.35 from the current rate of ₱ 58.40. In the next 7 days, Philippine Peso is predicted to increase compared to the US Dollar by ₱ 58.47.