1 Million Philippine Pesos to US Dollars (2024)

1,000,000 PHP = 17,110 USD July 9, 2024 11:05 AM UTC

One million Philippine Pesos are worth $17,110 today as of 11:05 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=17,110US Dollars

1 PHP = 0.01711 USD1 USD = 58.445 PHP

Last update 2024-7-9 11:05 AM UTC

InvertPHP to USD Conversion Chart

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

This chart shows data from 2023-7-10 to 2024-7-8. The average exchange rate over this period was 0.01770 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 -5.04%. 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$0.01776
Low$0.01696$0.01696
Avg$0.01703$0.01723
Volatility+0.54%-3.82%
Download History

Convert PHP to USD

Philippine Peso US Dollar
₱100$1.7110
₱500$8.5551
₱1,000$17.110
₱1,500$25.665
₱2,000$34.220
₱2,500$42.775
₱5,000$85.551
₱10,000$171.10
₱50,000$855.51
₱100,000$1,711.01
₱250,000$4,277.53
₱500,000$8,555.05
₱1,000,000$17,110
₱2,500,000$42,775
₱5,000,000$85,551
₱10,000,000$171,101

Convert USD to PHP

US Dollar Philippine Peso
$158.445
$5292.22
$10584.45
$15876.67
$201,168.90
$251,461.12
$502,922.25
$1005,844.50
$50029,222
$1,00058,445
$2,500146,112
$5,000292,225
$10,000584,450
$25,0001,461,125
$50,0002,922,250
$100,0005,844,500

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 9, 2024 11:05 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 = 17,110 US Dollars as of July 9, 2024 11:05 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 58.445 PHP.Conversely, 1 PHP is worth 0.01711 USD.

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

The Philippine Peso isdown -5.21%year to date against the US Dollar.In the last 10 years, the Philippine Peso isdown -23.49%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 = 58.248001 PHP Jul 11, 2024 21:20 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 much is $1 US in Philippine pesos? ›

1 USD = 58.248001 PHP Jul 11, 2024 21:20 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 PHP17.14 USD
5,000 PHP85.70 USD
10,000 PHP171.40 USD
50,000 PHP857.01 USD
7 more rows

How much is $1000 American in Philippine pesos? ›

US Dollars to Philippine Pesos: exchange rates today
USDPHP
1,000 USD58,030.76 PHP
2,000 USD116,061.52 PHP
5,000 USD290,153.81 PHP
10,000 USD580,307.63 PHP
8 more rows

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

According to the 2022 Occupational Wage Survey (OWS), the average monthly salary in the Philippines is Php 18,423.00 (US$ 330.08). With the lack of a national minimum wage in the country, the salaries of Filipino workers may vary depending on their location, industry, and skill sets.

What is the cost of living in the Philippines? ›

A family of four estimated monthly costs are 1,868.0$ (108,888.9₱) without rent. A single person estimated monthly costs are 541.1$ (31,543.3₱) without rent. Cost of living in Philippines is, on average, 55.9% lower than in United States. Rent in Philippines is, on average, 83.0% lower than in United States.

How much can 1 USD buy in the Philippines? ›

58.2707 PHP

How far does the dollar go in the Philippines? ›

Download Our Currency Converter App
Conversion rates US Dollar / Philippine Peso
1 USD58.32550 PHP
5 USD291.62750 PHP
10 USD583.25500 PHP
20 USD1,166.51000 PHP
8 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 $500 US dollars worth in the Philippines? ›

29,125.25000 PHP

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

Mexican Pesos to US Dollars conversion rates
MXNUSD
1,000 MXN55.37 USD
5,000 MXN276.89 USD
10,000 MXN553.79 USD
50,000 MXN2,768.97 USD
7 more rows

How much is $5 US dollars in the Philippines? ›

US Dollars to Philippine Pesos conversion rates
USDPHP
5 USD290.15 PHP
10 USD580.30 PHP
25 USD1,450.76 PHP
50 USD2,901.53 PHP
7 more rows

How much is $100 Philippine money worth in the United States? ›

Download Our Currency Converter App
Conversion rates Philippine Peso / US Dollar
50 PHP0.85697 USD
100 PHP1.71393 USD
250 PHP4.28483 USD
500 PHP8.56965 USD
8 more rows

What is the highest currency in the world? ›

The highest-valued currency in the world is the Kuwaiti Dinar (KWD). Since it was first introduced in 1960, the Kuwaiti dinar has consistently ranked as the world's most valuable currency. Kuwait's economic stability, driven by its oil reserves and tax-free system, contributes to the high demand for its currency.

How much is $1 US dollars in the Philippines? ›

US Dollars to Philippine Pesos conversion rates
USDPHP
1 USD58.17 PHP
5 USD290.85 PHP
10 USD581.70 PHP
25 USD1,454.25 PHP
7 more rows

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 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.

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