USD to PHP Exchange Rate Today: Understanding the Current Value
As of November 11, 2026, the USD to PHP exchange rate today stands at 1 US Dollar (USD) equal to PHP 63.04. This rate is crucial for many Filipinos, especially Overseas Filipino Workers (OFWs) in the UK and their families back home. In this article, we will explore what this exchange rate means for remittances, the purchasing power of families receiving dollars, and its implications for travelers and importers.
Impact of the USD to PHP Exchange Rate on Different Sectors
The value of the US Dollar impacts various sectors in the Philippines.
1. For OFWs and Remittances
Many OFWs send money home to support their families. With the current exchange rate of 63.04, every dollar sent home translates to a significant amount for their families in the Philippines. For example, if an OFW sends $500, the recipients will receive PHP 31,520. This amount may help with daily expenses, education, and healthcare, making the exchange rate an essential factor for many Filipino families.
2. For Families Receiving Dollars
Families receiving remittances in dollars will benefit from the current rate. A favorable exchange rate means they will get more pesos for every dollar, enhancing their purchasing power. This increase can significantly improve their quality of life, especially in times of rising inflation.
3. For Importers and Travelers
Importers purchasing goods from the US may face higher costs due to the weaker peso. This can lead to increased prices for imported products. Conversely, travelers heading to the US will find that their pesos won’t stretch as far when converting to dollars, affecting their travel budgets.
Current Exchange Rates of Other Major Currencies
In addition to the USD, here are the current exchange rates for the top 15 currencies on the Bangko Sentral ng Pilipinas reference rate list:
Asia
- Japan (JPY): 1 Japanese Yen = PHP 0.3972
- Hong Kong (HKD): 1 Hong Kong Dollar = PHP 8.0356
- Singapore (SGD): 1 Singapore Dollar = PHP 49.1885
- Indonesia (IDR): 1 Indonesian Rupiah = PHP 0.0035
- Thailand (THB): 1 Thai Baht = PHP 1.8845
Middle East
- Bahrain (BHD): 1 Bahraini Dinar = PHP 167.2149
- Saudi Arabia (SAR): 1 Saudi Riyal = PHP 16.8008
- Brunei (BND): 1 Brunei Dollar = PHP 48.9973
- United Arab Emirates (AED): 1 UAE Dirham = PHP 17.1631
Europe/Americas
- United Kingdom (GBP): 1 British Pound = PHP 84.1332
- Switzerland (CHF): 1 Swiss Franc = PHP 76.4028
- Canada (CAD): 1 Canadian Dollar = PHP 44.4319
- Australia (AUD): 1 Australian Dollar = PHP 43.277
- European Union (EUR): 1 Euro = PHP 70.3842
Frequently Asked Questions
1. How does the USD to PHP exchange rate affect remittances?
The USD to PHP exchange rate affects how much money families back in the Philippines receive when OFWs send dollars home. A higher exchange rate means families receive more pesos for each dollar.
2. Why is the USD exchange rate important for travelers?
For travelers going to the US, the exchange rate determines how much purchasing power their pesos have. A weaker peso means less spending capability when converting to dollars.
3. How often do exchange rates change?
Exchange rates can fluctuate frequently due to market conditions, economic indicators, and geopolitical events. It’s advisable to stay updated to make informed financial decisions.
BSP Reference Exchange Rates – November 11, 2026
| # | Country | Currency | Philippine Peso (PHP) |
|---|---|---|---|
| 1 | United States | 1 US Dollar (USD) | 63.04 |
| 2 | Japan | 1 Japanese Yen (JPY) | 0.3972 |
| 3 | United Kingdom | 1 British Pound (GBP) | 84.1332 |
| 4 | Hong Kong | 1 Hong Kong Dollar (HKD) | 8.0356 |
| 5 | Switzerland | 1 Swiss Franc (CHF) | 76.4028 |
| 6 | Canada | 1 Canadian Dollar (CAD) | 44.4319 |
| 7 | Singapore | 1 Singapore Dollar (SGD) | 49.1885 |
| 8 | Australia | 1 Australian Dollar (AUD) | 43.277 |
| 9 | Bahrain | 1 Bahraini Dinar (BHD) | 167.2149 |
| 10 | Saudi Arabia | 1 Saudi Riyal (SAR) | 16.8008 |
| 11 | Brunei | 1 Brunei Dollar (BND) | 48.9973 |
| 12 | Indonesia | 1 Indonesian Rupiah (IDR) | 0.0035 |
| 13 | Thailand | 1 Thai Baht (THB) | 1.8845 |
| 14 | United Arab Emirates | 1 UAE Dirham (AED) | 17.1631 |
| 15 | European Union | 1 Euro (EUR) | 70.3842 |
Source: Official rates published by BSP, served by AllRatesToday. Reference rates as published by the Bangko Sentral ng Pilipinas.