USD to PHP — February 2023

55.3348PHP

for 1 US Dollar on 28 February 2023 · opened the month at 54.4502

1.62% over February 2023

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

Today: 1 USD = 62.2976 PHP (PayerPay indicative rate, includes our margin)

USD to PHP in February 2023 at a glance

1 USD in PHP
Measure	Rate	When
Opened	54.4502 PHP	1 February 2023
Closed	55.3348 PHP	28 February 2023
Highest	55.5202 PHP	27 February 2023
Lowest	53.6902 PHP	3 February 2023
Average	54.8268 PHP	20 trading days
Change	+1.62% PHP	open to close

Day by day

USD to PHP, February 2023▲ 1.62%

1 USD in PHP, day by day
Date	Rate	Day change
1 February 2023	54.4502
2 February 2023	53.8497	-1.10%
3 February 2023	53.6902	-0.30%
6 February 2023	54.4599	+1.43%
7 February 2023	55.1701	+1.30%
8 February 2023	54.7899	-0.69%
9 February 2023	54.4601	-0.60%
10 February 2023	54.4500	-0.02%
13 February 2023	54.8203	+0.68%
14 February 2023	54.8304	+0.02%
15 February 2023	55.2103	+0.69%
16 February 2023	55.1505	-0.11%
17 February 2023	55.3704	+0.40%
20 February 2023	54.9700	-0.72%
21 February 2023	55.0300	+0.11%
22 February 2023	55.0996	+0.13%
23 February 2023	54.9651	-0.24%
24 February 2023	54.9149	-0.09%
27 February 2023	55.5202	+1.10%
28 February 2023	55.3348	-0.33%

← January 2023 · 2023 in full · All USD to PHP history · PHP to USD in February 2023 · March 2023 →

Sending, not just checking?

Send USD from the United States to Philippines

We pay out in Philippine pesos. The rate above is our indicative rate — our page for this route shows the fee, the payout method and what actually lands in the account.

See this route

Common questions

What was the USD to PHP rate in February 2023?

Over February 2023 the European Central Bank reference rate moved from 54.4502 PHP per USD on 1 February 2023 to 55.3348 on 28 February 2023, a change of +1.62%. The average across 20 trading days was 54.8268.

When was USD strongest against PHP in February 2023?

The highest reading was 55.5202 PHP on 27 February 2023; the lowest was 53.6902 on 3 February 2023.

Is this the rate I would have got?

No. These are reference rates published by the European Central Bank for information. PayerPay's indicative rate today is 62.2976 PHP per USD; the exact rate for a transfer is confirmed in your order.

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 USD = 62.2976 PHP, 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.