PHP/USD
Market Open
15 Jun, 09:45
$
0. 016583
+0.000287
+1.7594%
$
5,209 Volume
$ 0.016296
Previous Close Want to track PHPUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
PHPUSD Overview
PHPUSD denotes the exchange rate of the Philippine peso (PHP) quoted against the United States dollar (USD). In forex terms it shows the value of the peso relative to the dollar, indicating how many US dollars one peso will buy (or, conversely, how many pesos are required to purchase a dollar).
The Philippine peso is the official currency of the Republic of the Philippines, circulating throughout the archipelago in both coins and banknotes. It is issued and regulated by the Bangko Sentral ng Pilipinas (BSP), which oversees monetary policy, financial stability, and currency issuance for the country.
The United States dollar is the primary currency of the United States and functions as a dominant global reserve and transaction currency. The Federal Reserve System (the Fed) issues and implements monetary policy for the dollar, influencing interest rates, liquidity, and overall financial conditions.
PHPUSD is set by market forces of supply and demand and is sensitive to differences in interest rates, inflation dynamics, central bank policy decisions, balance of trade flows, capital movement, and geopolitical developments. Short-term volatility also reflects risk sentiment and macroeconomic data releases.
Movements in PHPUSD are important for exporters, importers, remittance recipients, investors and currency traders. Businesses use it for hedging currency exposure, while market participants may trade the pair to speculate on monetary policy divergence or economic surprises.
The Philippine peso is the official currency of the Republic of the Philippines, circulating throughout the archipelago in both coins and banknotes. It is issued and regulated by the Bangko Sentral ng Pilipinas (BSP), which oversees monetary policy, financial stability, and currency issuance for the country.
The United States dollar is the primary currency of the United States and functions as a dominant global reserve and transaction currency. The Federal Reserve System (the Fed) issues and implements monetary policy for the dollar, influencing interest rates, liquidity, and overall financial conditions.
PHPUSD is set by market forces of supply and demand and is sensitive to differences in interest rates, inflation dynamics, central bank policy decisions, balance of trade flows, capital movement, and geopolitical developments. Short-term volatility also reflects risk sentiment and macroeconomic data releases.
Movements in PHPUSD are important for exporters, importers, remittance recipients, investors and currency traders. Businesses use it for hedging currency exposure, while market participants may trade the pair to speculate on monetary policy divergence or economic surprises.
PHPUSD Chart
PHPUSD FAQ
What is the current PHP/USD price?
The current rate is $0.016583, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the PHP/USD rate changed today?
The rate has changed by +0.000287 (+1.7594%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was $0.016296, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is PHP/USD moving up or down?
Movements in PHP/USD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+1.7594%) is based on the difference between the current rate and the previous closing rate.
Is PHP/USD trending up or down right now?
If the current rate ($0.016583) is above the previous close ($0.016296), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for PHP/USD directly on this page.
