1 Million Philippine Pesos to US Dollars (2024)

1,000,000 PHP = 17,107 USD July 16, 2024 04:05 AM UTC

One million Philippine Pesos are worth $17,107 today as of 4:05 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=17,107US Dollars

1 PHP = 0.01711 USD1 USD = 58.457 PHP

Last update 2024-7-16 4:05 AM UTC

InvertPHP to USD Conversion Chart

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

This chart shows data from 2023-7-17 to 2024-7-15. 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 -6.87%. 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$0.01717$0.01753
Low$0.01696$0.01696
Avg$0.01706$0.01719
Volatility+0.39%-2.39%
Download History

Convert PHP to USD

Philippine Peso US Dollar
₱100$1.7107
₱500$8.5533
₱1,000$17.107
₱1,500$25.660
₱2,000$34.213
₱2,500$42.767
₱5,000$85.533
₱10,000$171.07
₱50,000$855.33
₱100,000$1,710.67
₱250,000$4,276.67
₱500,000$8,553.34
₱1,000,000$17,107
₱2,500,000$42,767
₱5,000,000$85,533
₱10,000,000$171,067

Convert USD to PHP

US Dollar Philippine Peso
$158.457
$5292.28
$10584.57
$15876.85
$201,169.13
$251,461.42
$502,922.83
$1005,845.67
$50029,228
$1,00058,457
$2,500146,142
$5,000292,283
$10,000584,567
$25,0001,461,417
$50,0002,922,833
$100,0005,845,667

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 = 0.01711 US Dollars as of July 16, 2024 04:05 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 = 17,107 US Dollars as of July 16, 2024 04:05 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 58.457 PHP.Conversely, 1 PHP is worth 0.01711 USD.

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

The Philippine Peso isdown -5.23%year to date against the US Dollar.In the last 10 years, the Philippine Peso isdown -23.51%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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PHP to USD

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1 Million Philippine Pesos to US Dollars (2024)

FAQs

How much can 1 USD buy in the Philippines? ›

1 USD = 58.409168 PHP Jul 14, 2024 21:44 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 USD5,820.22 PHP
500 USD29,101.14 PHP
1,000 USD58,202.29 PHP
5,000 USD291,011.46 PHP
7 more rows

How far does a US dollar go in the Philippines? ›

Download Our Currency Converter App
Conversion rates US Dollar / Philippine Peso
1 USD58.39770 PHP
5 USD291.98850 PHP
10 USD583.97700 PHP
20 USD1,167.95400 PHP
8 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 PHP170.72 USD
50,000 PHP853.64 USD
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.

Is a dollar worth a lot in the Philippines? ›

In the Philippines, data from Investing.com shows that while the USD consistently remains of higher value than the PHP, it has fluctuated over the years from PHP 56.28 in 2005 to PHP 43.60 in 2014 to PHP 50.99 in 2021 and to PHP 55.46 in 2023.

How much is a house in the Philippines? ›

Average Home Prices in the Philippines

Some key points are: 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.

How much money should I bring to the Philippines for a week? ›

If you're a budget traveler, you can expect to spend around $30 to $50 per day in the Philippines. This includes accommodation, meals, transportation, and some activities. On the other hand, if you prefer a more comfortable mid-range experience, you should plan to spend approximately $70 to $100 per day.

How strong is USD in the Philippines? ›

The exchange rate for US dollar to Philippine pesos is currently 58.346 today, reflecting a 0.080% change since yesterday. Over the past week, the value of US dollar has remained relatively stable, with a -0.401% decrease compared to its value 7 days ago.

What can 1000 pesos buy in the Philippines? ›

In urban areas , 1,000 pesos can buy a full meal for two at a mid - range restaurant , or a large grocery haul consisting of basic necessities such as rice , vegetables , and meat . It can also cover a day 's worth of transportation expenses , including a taxi ride and a few jeepney or tricycle trips .

How much is $1 000 in the Philippines? ›

US Dollars to Philippine Pesos: exchange rates today
USDPHP
1,000 USD58,198.30 PHP
2,000 USD116,396.60 PHP
5,000 USD290,991.51 PHP
10,000 USD581,983.03 PHP
8 more rows

How much is $2000.00 pesos in US dollars? ›

Download Our Currency Converter App
Conversion rates Mexican Peso / US Dollar
1000 MXN58.26490 USD
2000 MXN116.52980 USD
5000 MXN291.32450 USD
10000 MXN582.64900 USD
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.

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 strong is USD in Philippines? ›

The exchange rate for US dollar to Philippine pesos is currently 58.346 today, reflecting a 0.080% change since yesterday. Over the past week, the value of US dollar has remained relatively stable, with a -0.401% decrease compared to its value 7 days ago.

Can you buy USD in the Philippines? ›

What is BPI Online's new foreign exchange service about? This service allows you to place orders to buy US Dollars using your Philippine Pesos online.

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