1 Million Philippine Pesos to US Dollars (2024)

1,000,000 PHP = 17,106 USD July 9, 2024 02:05 PM UTC

One million Philippine Pesos are worth $17,106 today as of 2:05 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=17,106US Dollars

1 PHP = 0.01711 USD1 USD = 58.459 PHP

Last update 2024-7-9 2:05 PM 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$1.7106
₱500$8.5530
₱1,000$17.106
₱1,500$25.659
₱2,000$34.212
₱2,500$42.765
₱5,000$85.530
₱10,000$171.06
₱50,000$855.30
₱100,000$1,710.60
₱250,000$4,276.50
₱500,000$8,553.00
₱1,000,000$17,106
₱2,500,000$42,765
₱5,000,000$85,530
₱10,000,000$171,060

Convert USD to PHP

US Dollar Philippine Peso
$158.459
$5292.30
$10584.59
$15876.89
$201,169.18
$251,461.48
$502,922.95
$1005,845.90
$50029,230
$1,00058,459
$2,500146,148
$5,000292,295
$10,000584,590
$25,0001,461,475
$50,0002,922,950
$100,0005,845,901

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 02:05 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 = 17,106 US Dollars as of July 9, 2024 02:05 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 58.459 PHP.Conversely, 1 PHP is worth 0.01711 USD.

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

The Philippine Peso isdown -5.24%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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1 Million Philippine Pesos to US Dollars (2024)

FAQs

1 Million Philippine Pesos to US Dollars? ›

1 USD = 58.430493 PHP Jul 22, 2024 14:24 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 $1 US in Philippine pesos? ›

1 USD = 58.430493 PHP Jul 22, 2024 14:24 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.

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).

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.

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.

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 $1.00 US in pesos? ›

1 USD = 18.0639 MXN Jul 21, 2024 04:12 UTC

The currency converter below is easy to use and the currency rates are updated frequently.

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 does a house 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).

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