USD (US Dollar) PHP (Philippine Peso) Historical Data Chart 2021 (2024)

FAQs

What is the highest US dollar to Philippine peso history? ›

Frequently asked questions (FAQs) about the rate

The highest US dollar to Philippine pesos rate was on June 5, 2024 when 1 US dollar was worth 58.8512 Philippine peso.

The appreciation would extend to 54.80 in March 2024 to 54.60 in June, 54.40 in September and 54.20 by end-December 2024. The USD/PHP prediction from algorithm-based forecaster Wallet Investor also forecast that the peso could strengthen.

1 USD = 57.02 PHP - Today's Best US Dollar to Philippine Peso Exchange Rates.

Historically, the Philippine Peso reached an all time high of 59.80 in June of 2024.

The USD to PHP forecast for today is currently predicting the USD/PHP exchange rate to rise to ₱ 58.70 in the next 24 hours, representing a 0.06% increase.

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.

US Dollar to Mexican Peso Exchange Rate is at a current level of 18.27, up from 17.52 the previous market day and up from 17.41 one year ago. This is a change of 4.25% from the previous market day and 4.92% from one year ago.

The dollar is expected to strengthen further until year-end, he said. The industry's growth means it's about two years away from dislodging remittances from Filipinos overseas as the country's main source of dollar, according to the association's President Mickey Ocampo.

What is the best remittance rate to the Philippines? ›

The best rate to send Philippine Peso from US Dollar to your loved ones in Philippines is currently offered by Western Union; their 1 USD to PHP exchange rate today is 59.2287. MoneyGram offers the next most competitive US Dollar to Philippine Peso exchange rate today (currently 1 USD = 59.1668 PHP).

Best U.S. Dollar / Mexican Peso Exchange Rate Today: 18.5220.

The highest exchange rate is 83.6689 INR.

The Philippine one thousand-peso note (Filipino: Sanlibong Piso) (₱1000; PHP1000) is a denomination of Philippine currency. It is the largest denomination in general circulation in the Philippines.

The peso plunged to more than 350 to the dollar in 1985 from about 23 to the dollar in 1980. But that decline in value was just the beginning. It went on to trade at more than 3,000 to the dollar before the Mexican government in 1993 issued new pesos and simply wiped out three digits from the exchange rate.

The note of the lowest denomination (20 pesos) is the smallest one, measuring 120-mm in length, and the note of highest denomination (1,000 pesos) is the longest, at 155-mm long. From each denomination to the next one (20, 50, 100, 200, 500 and 1,000) there is a difference of 7 mm in length.