The USD/PHP exchange rate rose to 60.7930 on April 27, 2026, up 0.27% from the previous session. Over the past month, the Philippine Peso has weakened 0.12%, and is down by 7.82% over the last 12 months.

Historically, the USDPHP reached an all time high of 62.86 in January of 2026. Philippine Peso - data, forecasts, historical chart - was last updated on April 27 of 2026.

The Philippine Peso is expected to trade at 60.41 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 59.42 in 12 months time.



Crosses Price Day Year Date
USDPHP 60.7940 0.1640 0.27% 7.82% Apr/27
EURPHP 71.3139 0.2458 0.35% 10.75% Apr/27
GBPPHP 82.3554 0.3133 0.38% 8.67% Apr/27
AUDPHP 43.6891 0.3198 0.74% 20.47% Apr/27
NZDPHP 35.9533 0.2907 0.82% 6.84% Apr/27
PHPJPY 2.6228 -0.0058 -0.22% 4.11% Apr/27
PHPCNY 0.1123 -0.0004 -0.34% -13.05% Apr/27
PHPCHF 0.0129 -0.00002 -0.15% -11.10% Apr/27
PHPCAD 0.0224 -0.0001 -0.60% -8.63% Apr/27
PHPMXN 0.2861 -0.0006 -0.21% -17.64% Apr/27
PHPINR 1.5484 -0.0031 -0.20% 2.67% Apr/27
PHPBRL 0.0819 -0.0007 -0.86% -19.14% Apr/27
PHPRUB 1.2319 -0.0092 -0.74% -14.59% Apr/27
PHPKRW 24.2485 -0.1065 -0.44% -4.16% Apr/27
PHPIDR 283.2088 -1.3533 -0.48% -5.07% Apr/27
PHPARS 23.2351 0.1596 0.69% 19.06% Apr/27
PHPCZK 0.3417 -0.0008 -0.23% -12.00% Apr/27
PHPDKK 0.1049 -0.0003 -0.27% -9.33% Apr/27
PHPHUF 5.1138 -0.0473 -0.92% -19.28% Apr/27
 Currencies
 PHP...
 ...PHP



Related Last Previous Unit Reference
Philippines Inflation Rate 4.10 2.40 percent Mar 2026
United States Inflation Rate 3.30 2.40 percent Mar 2026
Philippines Interest Rate 4.50 4.25 percent Apr 2026
United States Fed Funds Interest Rate 3.75 3.75 percent Mar 2026
United States Unemployment Rate 4.30 4.40 percent Mar 2026
Philippines Unemployment Rate 5.10 5.80 percent Feb 2026

Philippine Peso
The USDPHP spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the PHP. While the USDPHP spot exchange rate is quoted and exchanged in the same day, the USDPHP forward rate is quoted today but for delivery and payment on a specific future date.
Actual Previous Highest Lowest Dates Unit Frequency
60.79 60.63 62.86 0.00 1997 - 2026 Daily

News Stream
Philippine Peso Weakens Toward Record Low
The Philippine peso weakened past 60.7 per USD, trading near its record low as broad dollar strength and risk-off sentiment continued to pressure Asian currencies. Escalating Middle East tensions, including renewed disruptions in the Strait of Hormuz following vessel seizures and heightened US naval warnings, kept oil prices elevated. Higher crude prices increase inflation risks for import-dependent economies such as the Philippines, widening external payments burden and supporting demand for the US dollar. At the same time, safe-haven flows into the dollar remained firm amid lingering uncertainty over US–Iran standoff. Meanwhile, domestic policy offered only partial offset. The Bangko Sentral ng Pilipinas raised rates by 25 basis points to 4.5%, its first hike in over two years, citing a weaker inflation outlook driven by higher global oil and food prices. BSP Governor Eli Remolona also signaled further tightening remains possible if needed, reinforcing a more proactive policy stance.
2026-04-24
Philippine Peso Falls Back Toward Record Low
The Philippine peso fell to around 60 per USD, moving back toward its record low reached on March 30, as geopolitical tensions in the Middle East continued to weigh on market sentiment. Ongoing disruptions in key oil shipping routes, particularly the Strait of Hormuz, have pushed oil prices higher. As a major importer of crude oil, the Philippines remains highly exposed to these developments, which have already lifted domestic fuel costs and added upward pressure to inflation, while also increasing risks of below-target growth, a wider current account deficit, and potential headwinds to remittance inflows. The Bangko Sentral ng Pilipinas has urged banks to step up efforts to encourage firms to hedge foreign exchange exposure, highlighting the country’s vulnerability to external shocks. It also stressed that its priority is to maintain smooth market functioning and ensure the continued flow of funds, even amid oil price volatility, peso weakness, and global financial uncertainty.
2026-04-20
Philippine Peso Weakens
The Philippine peso fell to 60.4 per USD, approaching a record low, as risk sentiment took a hit again following the collapse of US–Iran peace talks and US plans to blockade Iranian port traffic. The US forces said it would begin blockading all Iranian ports at 1400 GMT on Monday, while still allowing vessels not traveling to or from Iran to pass through the Strait of Hormuz. The conflict, which began in late February, has escalated into a broader regional confrontation, unsettling global markets and pushing oil prices higher. In an off-cycle meeting last month, the Bangko Sentral ng Pilipinas kept the rate at 4.25%, opting against tightening policy despite rising inflationary pressures stemming from the war, in order to support the economy’s fragile recovery from a recent graft scandal. Meanwhile, the latest data showed inflation accelerating to a 20-month high of 4.1% in March, breaching the BSP’s 2–4% target range and increasing the likelihood of a rate hike in the coming months.
2026-04-13