1 Million Philippine Pesos to US Dollars (2024)

1,000,000 PHP = 17,143 USD August 1, 2024 12:30 PM UTC

One million Philippine Pesos are worth $17,143 today as of 12:30 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=17,143US Dollars

1 PHP = 0.01714 USD1 USD = 58.334 PHP

Last update 2024-8-1 12:30 PM UTC

InvertPHP to USD Conversion Chart

  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • 5Y

This chart shows data from 2023-8-1 to 2024-7-31. The average exchange rate over this period was 0.01762 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 0.01821 US Dollars per Philippine Peso on August 1, 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 -6.06%. 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$0.01718$0.01752
Low$0.01701$0.01696
Avg$0.01710$0.01714
Volatility+0.54%-1.65%
Download History

Convert PHP to USD

Philippine Peso US Dollar
₱100$1.7143
₱500$8.5714
₱1,000$17.143
₱1,500$25.714
₱2,000$34.286
₱2,500$42.857
₱5,000$85.714
₱10,000$171.43
₱50,000$857.14
₱100,000$1,714.28
₱250,000$4,285.70
₱500,000$8,571.40
₱1,000,000$17,143
₱2,500,000$42,857
₱5,000,000$85,714
₱10,000,000$171,428

Convert USD to PHP

US Dollar Philippine Peso
$158.334
$5291.67
$10583.34
$15875.00
$201,166.67
$251,458.34
$502,916.68
$1005,833.35
$50029,167
$1,00058,334
$2,500145,834
$5,000291,668
$10,000583,335
$25,0001,458,338
$50,0002,916,675
$100,0005,833,350

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 = 0.01714 US Dollars as of August 1, 2024 12:30 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 = 17,143 US Dollars as of August 1, 2024 12:30 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 58.334 PHP.Conversely, 1 PHP is worth 0.01714 USD.

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

The Philippine Peso isdown -5.03%year to date against the US Dollar.In the last 10 years, the Philippine Peso isdown -23.35%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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PHP to USD

Why Trust Us?

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1 Million Philippine Pesos to US Dollars (2024)
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