1 Million Philippine Pesos to US Dollars (2024)

1,000,000 PHP = 16,998 USD June 22, 2024 12:00 PM UTC

One million Philippine Pesos are worth $16,998 today as of 12:00 PM 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=16,998US Dollars

1 PHP = 0.01700 USD1 USD = 58.831 PHP

Last update 2024-6-22 12:00 PM UTC

InvertPHP to USD Conversion Chart

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

This chart shows data from 2023-6-22 to 2024-6-21. The average exchange rate over this period was 0.01774 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 0.01840 US Dollars per Philippine Peso on July 14, 2023.

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

The low point was 0.01699 US Dollars per Philippine Peso on June 20, 2024.

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

The PHP/USD rate is down -5.56%. 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$0.01723$0.01780
Low$0.01699$0.01699
Avg$0.01707$0.01735
Volatility-1.24%-4.37%
Download History

Convert PHP to USD

Philippine Peso US Dollar
₱100$1.6998
₱500$8.4988
₱1,000$16.998
₱1,500$25.497
₱2,000$33.995
₱2,500$42.494
₱5,000$84.988
₱10,000$169.98
₱50,000$849.88
₱100,000$1,699.77
₱250,000$4,249.42
₱500,000$8,498.85
₱1,000,000$16,998
₱2,500,000$42,494
₱5,000,000$84,988
₱10,000,000$169,977

Convert USD to PHP

US Dollar Philippine Peso
$158.831
$5294.16
$10588.31
$15882.47
$201,176.63
$251,470.79
$502,941.57
$1005,883.15
$50029,416
$1,00058,831
$2,500147,079
$5,000294,157
$10,000588,315
$25,0001,470,787
$50,0002,941,575
$100,0005,883,149

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 = 0.01700 US Dollars as of June 22, 2024 12:00 PM 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 = 16,998 US Dollars as of June 22, 2024 12:00 PM 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 58.831 PHP.Conversely, 1 PHP is worth 0.01700 USD.

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

The Philippine Peso isdown -5.84%year to date against the US Dollar.In the last 10 years, the Philippine Peso isdown -23.99%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

1 Million Philippine Pesos to US Dollars? ›

1 USD = 58.831495 PHP Jun 22, 2024 22:08 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 USD5,865.58 PHP
500 USD29,327.90 PHP
1,000 USD58,655.80 PHP
5,000 USD293,279.03 PHP
7 more rows

How much is $1 US in Philippine pesos? ›

1 USD = 58.831495 PHP Jun 22, 2024 22:08 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 $5000 Philippine pesos in US dollars? ›

US Dollars to Philippine Pesos conversion rates
PHPUSD
1,000 PHP16.93 USD
5,000 PHP84.66 USD
10,000 PHP169.32 USD
50,000 PHP846.61 USD
7 more rows

How much is ₱1000 in US dollars? ›

Download Our Currency Converter App
Conversion rates Philippine Peso / US Dollar
250 PHP4.24770 USD
500 PHP8.49540 USD
1000 PHP16.99080 USD
2000 PHP33.98160 USD
8 more rows

What is a good salary in the Philippines? ›

According to Salary Explorer, A person working in the Philippines typically earns around 44,800 PHP. Salaries range from 11,300 PHP (lowest average) to 199,000 PHP (highest average, actual maximum salary is higher).

How much do houses cost 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 can 1 USD buy in the Philippines? ›

Convert US Dollar to Philippine Peso
USDPHP
1 USD58.8629 PHP
5 USD294.314 PHP
10 USD588.629 PHP
25 USD1,471.57 PHP
6 more rows

Does Philippines accept US dollars? ›

The currency used in the Philippines is the Philippine Peso. In some tourist areas you might be able to pay for goods and services using U.S. dollars and euros. However convenient this may appear to be, unfortunately the exchange rates that are applied are unlikely to be great.

How much is a gallon of milk in the Philippines? ›

Cost of Living in Philippines
RestaurantsEdit
Water (12 oz small bottle)21.91₱
MarketsEdit
Milk (regular), (1 gallon)374.67₱
Loaf of Fresh White Bread (1 lb)62.33₱
62 more rows

What is the best time to exchange dollars to Philippine pesos? ›

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.

How much is $5 US in Philippines? ›

Download Our Currency Converter App
Conversion rates US Dollar / Philippine Peso
1 USD58.85540 PHP
5 USD294.27700 PHP
10 USD588.55400 PHP
20 USD1,177.10800 PHP
8 more rows

How much is a 1000 peso bill worth in us dollars? ›

Mexican Pesos to US Dollars conversion rates
MXNUSD
1,000 MXN55.04 USD
5,000 MXN275.20 USD
10,000 MXN550.40 USD
50,000 MXN2,752.01 USD
7 more rows

How many pesos is $1.00 US? ›

1 USD = 18.1108 MXN Jun 22, 2024 04:08 UTC.

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 21, 2024 when 1 US dollar was worth 58.8641 Philippine peso.

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

What can $100 USD get you in the Philippines? ›

In the Philippines, USD $100 Can Get You:
  • 2-3 nights' stay in a three-star Cebu or Manila hotel.
  • 1-3 one-way trips on a Philippines budget air carrier.
  • 100-150 Filipino beers.
  • 30-40 budget Filipino meals.
Jun 26, 2019

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.

How much is a $100 gift card in the Philippines? ›

Download Our Currency Converter App
Conversion rates US Dollar / Philippine Peso
10 USD588.55400 PHP
20 USD1,177.10800 PHP
50 USD2,942.77000 PHP
100 USD5,885.54000 PHP
8 more rows

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