1 Million Philippine Pesos to US Dollars (2024)

1,000,000 PHP = 17,162 USD July 10, 2024 12:00 PM UTC

One million Philippine Pesos are worth $17,162 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.

Live Currency Exchange Converter

swap

1,000,000Philippine Pesos=17,162US Dollars

1 PHP = 0.01716 USD1 USD = 58.268 PHP

Last update 2024-7-10 12:00 PM UTC

InvertPHP to USD Conversion Chart

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

This chart shows data from 2023-7-10 to 2024-7-9. The average exchange rate over this period was 0.01769 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 0.01696 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 -5.01%. 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$0.01712$0.01770
Low$0.01696$0.01696
Avg$0.01704$0.01722
Volatility+0.58%-3.32%
Download History

Convert PHP to USD

Philippine Peso US Dollar
₱100$1.7162
₱500$8.5810
₱1,000$17.162
₱1,500$25.743
₱2,000$34.324
₱2,500$42.905
₱5,000$85.810
₱10,000$171.62
₱50,000$858.10
₱100,000$1,716.21
₱250,000$4,290.52
₱500,000$8,581.04
₱1,000,000$17,162
₱2,500,000$42,905
₱5,000,000$85,810
₱10,000,000$171,621

Convert USD to PHP

US Dollar Philippine Peso
$158.268
$5291.34
$10582.68
$15874.02
$201,165.36
$251,456.70
$502,913.40
$1005,826.80
$50029,134
$1,00058,268
$2,500145,670
$5,000291,340
$10,000582,680
$25,0001,456,700
$50,0002,913,400
$100,0005,826,801

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 = 0.01716 US Dollars as of July 10, 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 = 17,162 US Dollars as of July 10, 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 58.268 PHP.Conversely, 1 PHP is worth 0.01716 USD.

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

The Philippine Peso isdown -4.93%year to date against the US Dollar.In the last 10 years, the Philippine Peso isdown -23.26%against the US Dollar.As a result, the Philippine Peso haslostpurchasing power compared to the US Dollar over the last 10 years.

More PHP Conversions

PHP to AED

PHP to AUD

PHP to BRL

PHP to CAD

PHP to CHF

PHP to CNY

PHP to CZK

PHP to DKK

PHP to EUR

PHP to GBP

PHP to HKD

PHP to HUF

PHP to IDR

PHP to ILS

PHP to INR

PHP to JPY

PHP to KRW

PHP to MXN

PHP to NOK

PHP to NZD

PHP to PLN

PHP to SAR

PHP to SEK

PHP to SGD

PHP to THB

PHP to TRY

PHP to TWD

PHP to USD

Why Trust Us?

Exchange-rates.org has been a leading provider of currency, cryptocurrency and precious metal prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including Business Insider, Investopedia, Washington Post, and CoinDesk.

We partner with leading data providers to bring you the latest and most accurate prices for all major currencies, cryptocurrencies and precious metals. The currency, cryptocurrency and precious metals prices displayed on our site are aggregated from millions of data points and pass through proprietary algorithms in order to deliver timely and accurate prices to our users.

Used and trusted by millions
of people.

Featured in reputable financial publications like Business Insider, Investopedia and Coindesk

Popular Conversions

20000 Yen to USD

400 Pesos to US Dollars

100 Million Won to USD

1500 Euros to US Dollars

3000 CAD to USD

600 Pesos to US Dollars

50 Million Won to USD

2000 Yen to USD

300 US Dollars to Pesos

1200 Euros to US Dollars

1 Million Philippine Pesos to US Dollars (2024)

FAQs

1 Million Philippine Pesos to US Dollars? ›

1 USD = 58.5155 PHP Jul 09, 2024 21:00 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 USD5,828.90 PHP
500 USD29,144.52 PHP
1,000 USD58,289.05 PHP
5,000 USD291,445.27 PHP
7 more rows

How much is $1 US in Philippine pesos? ›

1 USD = 58.5155 PHP Jul 09, 2024 21:00 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 PHP17.09 USD
5,000 PHP85.48 USD
10,000 PHP170.97 USD
50,000 PHP854.85 USD
7 more rows

How much is ₱1000 in US dollars? ›

Download Our Currency Converter App
Conversion rates Philippine Peso / US Dollar
500 PHP8.54215 USD
1000 PHP17.08430 USD
2000 PHP34.16860 USD
5000 PHP85.42150 USD
8 more rows

What is a good salary in the Philippines? ›

How much money does a person working in the Philippines make? 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).

What is the average salary in the Philippines in dollars? ›

The average salary in the Philippines

Per the Philippine Statistics Authority (PSA)'s 2022 Occupational Wages Survey (OWS), the average monthly salary in the Philippines is PHP 18,423 (US$328.99). It is way cheaper compared to the average salary in India and its outsourcing markets, including the US and Australia.

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 $500 US dollars worth in the Philippines? ›

US Dollars to Philippine Pesos conversion rates
USDPHP
500 USD29,119.47 PHP
1,000 USD58,238.95 PHP
5,000 USD291,194.76 PHP
10,000 USD582,389.52 PHP
7 more rows

How much is $1 peso us? ›

Download Our Currency Converter App
Conversion rates Mexican Peso / US Dollar
1 MXN0.05592 USD
5 MXN0.27961 USD
10 MXN0.55923 USD
20 MXN1.11845 USD
8 more rows

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

Cost of Living in Philippines
RestaurantsEdit
Water (12 oz small bottle)21.80₱
MarketsEdit
Milk (regular), (1 gallon)378.87₱
Loaf of Fresh White Bread (1 lb)62.61₱
62 more rows

How much is $1 000 in the Philippines? ›

US Dollars to Philippine Pesos: exchange rates today
USDPHP
1,000 USD58,327.94 PHP
2,000 USD116,655.89 PHP
5,000 USD291,639.73 PHP
10,000 USD583,279.47 PHP
8 more rows

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 .

What can $100 buy 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 $100 Philippine money worth in the United States? ›

Download Our Currency Converter App
Conversion rates Philippine Peso / US Dollar
10 PHP0.17148 USD
20 PHP0.34296 USD
50 PHP0.85741 USD
100 PHP1.71481 USD
8 more rows

References

Top Articles
Latest Posts
Article information

Author: Virgilio Hermann JD

Last Updated:

Views: 6097

Rating: 4 / 5 (41 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Virgilio Hermann JD

Birthday: 1997-12-21

Address: 6946 Schoen Cove, Sipesshire, MO 55944

Phone: +3763365785260

Job: Accounting Engineer

Hobby: Web surfing, Rafting, Dowsing, Stand-up comedy, Ghost hunting, Swimming, Amateur radio

Introduction: My name is Virgilio Hermann JD, I am a fine, gifted, beautiful, encouraging, kind, talented, zealous person who loves writing and wants to share my knowledge and understanding with you.