PHP to USD — 2023

0.018031USD

for 1 Philippine Peso on 29 December 2023 · opened the year at 0.017914

0.65% over 2023

European Central Bank reference rate
255 trading days
Reference rate, not an offer

Today: 1 PHP = 0.015892 USD (PayerPay indicative rate, includes our margin)

2023 at a glance

1 PHP in USD
Measure	Rate	When
Opened	0.017914 USD	2 January 2023
Closed	0.018031 USD	29 December 2023
Highest	0.018625 USD	3 February 2023
Lowest	0.017531 USD	5 September 2023
Average	0.017975 USD	255 trading days
Change	+0.65% USD	open to close

Month by month

PHP to USD, 2023▲ 0.65%

1 PHP in USD, month by month, 2023
Month	Open	Close	High	Low	Change
January	0.017914	0.018301	0.018372	0.017864	+2.16%
February	0.018365	0.018072	0.018625	0.018011	-1.60%
March	0.018182	0.018417	0.018464	0.018064	+1.29%
April	0.018305	0.018024	0.018354	0.017717	-1.53%
May	0.018061	0.017789	0.018106	0.017766	-1.50%
June	0.017811	0.018085	0.018109	0.017786	+1.54%
July	0.018084	0.018213	0.018397	0.017962	+0.72%
August	0.018228	0.017659	0.018228	0.017587	-3.13%
September	0.017687	0.017666	0.017687	0.017531	-0.12%
October	0.017610	0.017612	0.017660	0.017541	+0.01%
November	0.017602	0.018031	0.018064	0.017602	+2.44%
December	0.018049	0.018031	0.018082	0.017832	-0.10%

← 2022 · All PHP to USD history · USD to PHP in 2023 · 2024 →

Receiving money in Philippines?

Transfers to Philippines arrive in Philippine pesos

Money reaches Philippines from the United States and the euro area. See which routes we run, what they cost and how the money lands.

Routes to Philippines

Common questions

How did PHP to USD change in 2023?

From 0.017914 USD per PHP on 2 January 2023 to 0.018031 on 29 December 2023: +0.65% over the year, with an average of 0.017975 across 255 trading days.

What were the high and low of PHP to USD in 2023?

High: 0.018625 on 3 February 2023. Low: 0.017531 on 5 September 2023.

About these rates

The rates on this page are European Central Bank euro reference rates, converted through the US dollar into a cross rate, one reading per trading day. Days from 28 September 2026 onward come from PayerPay's own daily record. They are reference rates published for information, not an offer to transact — PayerPay's indicative rate today is 1 PHP = 0.015892 USD, and it includes our margin. The final rate for a transfer is confirmed in your order.

Source: European Central Bank. Corrections: support@payerpay.io.

Who we are

PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.