For more information, see the 'Applicable Exchange Rate' and 'Incoming international wire transfer' sections of the Deposit Account Agreement.įees may be charged by third parties or other banks, in addition to those described above. dollars using the applicable exchange rate without prior notice to you. Incoming wire transfers received in a foreign currency for payment into your account will be converted into U.S. We may refuse to process any request for a foreign exchange transaction. Wells Fargo is your arms-length counterparty on foreign exchange transactions. Foreign exchange markets are dynamic and rates fluctuate over time based on market conditions, liquidity, and risks. Different customers may receive different rates for transactions that are the same or similar, and the applicable exchange rate may be different for foreign currency cash, drafts, checks, or wire transfers. The exchange rate Wells Fargo provides to you may be different from exchange rates you see elsewhere. The Philippine peso was introduced on May 1, 1852. The Philippine peso derived from the Spanish silver coin Real de a Ocho or Spanish dollar, in wide circulation in the Americas and South-East Asia during the 17th and 18th centuries. The applicable exchange rate does not include, and is separate from, any applicable fees. Currency converter to convert from British Pound Sterling (GBP) to Philippine Peso (PHP). The markup is designed to compensate us for several considerations including, without limitation, costs incurred, market risks, and our desired return. The exchange rate used when Wells Fargo converts one currency to another is set at our sole discretion, and it includes a markup. Purchasing power compared to the Philippine Peso over the last 10 years.Whether or not the wire transfer fee is waived, Wells Fargo makes money when we convert one currency to another currency for you.

Year to date against the Philippine Peso. Is the US Dollar up or down against the Philippine Peso? Philippine Peso to United States Dollar conversion - Last updated 12:18 UTC. It is subdivided into 100 sentimo, also called. The US Dollar is currently stronger than the Philippine Peso given that 1 USD is equal to 57.670 PHP.Ĭonversely, 1 PHP is worth 0.01734 USD. The Philippine peso, also referred to by its Filipino name piso is the official currency of the Philippines. 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. Also, it’s best to convert US Dollars to Philippine Pesos early in the week if you need Philippine Pesos urgently. However, the time between 3-4 PM GMT is often a good time to convert US Dollars to Philippine Pesos because currency market liquidity and trading volume tend to be the highest during this time. Exchange rates can fluctuate by the minute while markets are open. Click on the dropdown to select PHP in the first dropdown as the currency that you want to convert and GBP in the second drop down as the currency you want to convert to. Simply type in the box how much you want to convert. The USD and PHP 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. How to convert Philippine pesos to British pounds sterling. When is the best time to convert USD to PHP? In the last 10 years, the highest rate from US Dollars to Philippine Pesos was on Septemwhen each US Dollar was worth ₱59.230. Canadian Dollar to Philippine Peso conversion Last updated Apr 21, 2024, 02:53 UTC. You won’t receive this rate when sending money. What was the highest USD to PHP exchange rate in the last 10 years? We use the mid-market rate for our Converter. If youre from the USA, we recommend using Chimes debit card. How much is $100 in PHP?ġ00 US Dollars = 5,767.00 Philippine Pesos as of Ap12:40 AM UTC. US dollars are widely accepted in the Philippines alongside the peso, even in non-touristy areas. Which aggregates real-time forex data from the most authoritative sources. You can get live exchange rates between US Dollars and Philippine Pesos using , USD to PHP Currency Converter - FAQs How much is $1 in PHP?ġ US Dollar = 57.670 Philippine Pesos as of Ap12:40 AM UTC. You’ll now see the value of the converted currency according to the most recent exchange rate. Simply enter the amount of USD you want to convert to PHP in the box labeled 'Amount', and you’re done! We offer direct deposit to any bank in Philippines, Cash Pick Up and Door to Door Delivery.

You can convert US Dollars to Philippine Pesos by using the currency converter in just one easy step. Send money online to Philippines with Xoom, a PayPal service. How to Convert US Dollars to Philippine Pesos? To view rates between the US Dollar and the Philippine Peso for a particular year, click on one of the links below.

Philippine currency