About philippines

The Philippines is the world’s third largest remittance recipient with approximately $28 billion sent to the country in year 2015. Over 10 million Filipinos work overseas in various sectors across the globe. They send their hard-earned money back home through various channels counting to about 10% of Gross Domestic Product of the Philippines.

This has surged the remittance market in the Philippines and many of the world’s leading money transfer operators and banks provide their services for remittance in the Philippines. You can conveniently explore various options available to send money to the Philippines at the most reliable and innovative remittance platform - Exchange Rate IQ.

Exchange Rate IQ lists various remittance service providers with their exchange rate, remittance fee, transfer time, pay-in & pay-out options etc. You can get an estimated value in Philippine Peso (PHP) for your remittance amount beforehand. Exchange Rate IQ helps you get more transparency

Top Money Transfer Services To Send Money To philippines

transferwise's Reviews
41211 reviews

1 USD = 52.25 PHP

money2anywhere's Reviews
1 reviews

1 USD = 51.6 PHP

wellsfargo's Reviews
36 reviews

1 USD = 51.33 PHP

westernunion's Reviews
10862 reviews

1 USD = 51.18 PHP

worldremit's Reviews
16895 reviews

1 USD = 51 PHP

One offers available
Special Offer First Transfer Free - No fee for the First Time users !!
ria's Reviews
929 reviews

1 USD = 50.83 PHP

One offers available
Special Offer Complete your first money transfer with Ria and get a $10 Amazon Gift Card
placid's Reviews
603 reviews

1 USD = 50.83 PHP

One offers available
Special Offer New Customers Get $25.00 Amazon.com gift card when you send at least $100.00
pangeamoneytransfer's Reviews
383 reviews

1 USD = 50.79 PHP

One offers available
Special Offer Get a $30 bonus to all new users!
transfast's Reviews
2504 reviews

1 USD = 50.75 PHP

remitly's Reviews
6962 reviews

1 USD = 50.61 PHP

One offers available
Special Offer Your first 5 Express transfers are FREE! and Plus get a $30 gift card on your first transfer of $100
xoom's Reviews
6066 reviews

1 USD = 50.56 PHP

One offers available
Special Offer Get $20 Amazon gift card for first transaction of over $400
klinnk's Reviews
0 reviews

1 USD = 49.39 PHP

One offers available
Special Offer New Customer : get a $0 fee on first transaction and 40 centavos extra per dollar.
instarem's Reviews
391 reviews

1 USD = 51.94 PHP

Transfer Type And Modes

Pay In Options

 Bank
 Cash
 Credit Card
 Debit Card
 Mobile Money

Pay Out Options

 Bank
 Cash
 Home Delivery
 Mobile Money

Service Mode

 Online

Historical Mid Market Exchange Rate From US Dollar (USD) to Peso (PHP)

Current Exchange Rate(Mid Market) :- 52.309 PHP/USD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion USD To PHP

Send US Dollar To PHILIPPINES Receive Peso
1 USD TO PHP 52.309
50 USD TO PHP 2615.45
100 USD TO PHP 5230.9
250 USD TO PHP 13077.25
500 USD TO PHP 26154.5
1000 USD TO PHP 52309
5000 USD TO PHP 261545
10000 USD TO PHP 523090

Click To Compare Money Transfer Services For The Following

EUR USD GBP INR PHP CAD AUD MXN CNY
USD 0.80597 1.00000 0.71286 64.39000 52.30900 1.25586 1.26490 18.52010 6.34670
GBP 1.13061 1.40280 1.00000 90.32629 73.37907 1.76171 1.77440 25.98000 8.90315
AUD 0.63718 0.79058 0.56357 50.90521 41.35426 0.99285 1.00000 14.64155 5.01755
CAD 0.64177 0.79627 0.56763 51.27182 41.65209 1.00000 1.00720 14.74700 5.05369
EUR 1.00000 1.24075 0.88448 79.89181 64.90232 1.55820 1.56942 22.97879 7.87466

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