USD to PHP — May 2024
58.6104PHP
for 1 US Dollar on 31 May 2024 · opened the month at 57.6070
1.74% over May 2024
Today: 1 USD = 62.2808 PHP (PayerPay indicative rate, includes our margin)
USD to PHP in May 2024 at a glance
| Measure | Rate | When |
|---|---|---|
| Opened | 57.6070 PHP | 2 May 2024 |
| Closed | 58.6104 PHP | 31 May 2024 |
| Highest | 58.6104 PHP | 31 May 2024 |
| Lowest | 57.1407 PHP | 3 May 2024 |
| Average | 57.8250 PHP | 22 trading days |
| Change | +1.74% PHP | open to close |
Day by day
| Date | Rate | Day change |
|---|---|---|
| 57.6070 | ||
| 57.1407 | -0.81% | |
| 57.2197 | +0.14% | |
| 57.2896 | +0.12% | |
| 57.3797 | +0.16% | |
| 57.3695 | -0.02% | |
| 57.4599 | +0.16% | |
| 57.8203 | +0.63% | |
| 57.8474 | +0.05% | |
| 57.5000 | -0.60% | |
| 57.5097 | +0.02% | |
| 57.6900 | +0.31% | |
| 57.8704 | +0.31% | |
| 58.2603 | +0.67% | |
| 58.0102 | -0.43% | |
| 58.1703 | +0.28% | |
| 58.1900 | +0.03% | |
| 58.1850 | -0.01% | |
| 57.9700 | -0.37% | |
| 58.4701 | +0.86% | |
| 58.5797 | +0.19% | |
| 58.6104 | +0.05% |
← April 2024 · 2024 in full · All USD to PHP history · PHP to USD in May 2024 · June 2024 →
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.
Common questions
What was the USD to PHP rate in May 2024?
Over May 2024 the European Central Bank reference rate moved from 57.6070 PHP per USD on 2 May 2024 to 58.6104 on 31 May 2024, a change of +1.74%. The average across 22 trading days was 57.8250.
When was USD strongest against PHP in May 2024?
The highest reading was 58.6104 PHP on 31 May 2024; the lowest was 57.1407 on 3 May 2024.
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 62.2808 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 = 62.2808 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.
