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US Dollar → Philippine Peso ECB reference rate
₱60.87
per US dollar · as of Aug 7, 2026
The peso is ₱5.42 weaker than 4 years ago (2022).
▲ peso weaker: +₱0.08 (0.13%) vs previous trading day
The peso has given up ₱1.92 against the dollar this year
The peso is ₱3.67 weaker than a year ago (6.4%)
IS IT THE PESO, OR THE DOLLAR?
It's the dollar — the whole region moved together
Regional peers moved in step: US Dollar to Thai Baht, US Dollar to Indonesian Rupiah, US Dollar to Singapore Dollar also firmed against the dollar, pointing to broad dollar softness rather than peso-specific pressure.
| 🇵🇭 PHP | THB | IDR | MYR | SGD |
|---|---|---|---|---|
| −0.66% stronger |
−1.23% stronger | −1.14% stronger | +0.11% weaker | −0.31% stronger |
Change vs the US dollar over 1 week. "Weaker" = that currency lost ground to the dollar. Same-direction moves point at the dollar, not the peso.
THE LONG VIEW · since 1999
The peso has underperformed. Since 1999 it has lost 37% of its value against the dollar, with only Indonesia faring worse, while Singapore and Thailand actually strengthened.
See the full ASEAN comparison, with each presidency marked →
MOST-TRADED CURRENCIES · in pesos
The Japanese yen moved most against the peso this month: +1.3%
| Currency | ₱ per 1 | 1-month |
|---|---|---|
| 🇺🇸 USD US dollar | ₱60.87 | −0.9% |
| 🇪🇺 EUR Euro | ₱70.21 | −0.0% |
| 🇯🇵 JPY Japanese yen | ₱0.384 | +1.3% |
| 🇬🇧 GBP British pound | ₱81.86 | −0.4% |
| 🇦🇺 AUD Australian dollar | ₱42.85 | +0.4% |
Ranking = the world's most-traded currencies (BIS FX turnover); peso values from our archive, refreshed each business day. "1-month" = the peso's move against that currency over ~30 days (red = peso weaker, more pesos per unit).
PESO FOR OFWs
Most OFW money is sent in US dollars (₱60.87 per $1); the Saudi riyal leads the rest at ₱16.23.
What ₱ buys for 1 unit of each, as of Aug 7, 2026.
Tap any currency for its monthly and year-on-year history. Gulf currencies (SAR, AED, QAR) are pegged to the US dollar, so they track the peso's dollar move; the rest are ECB cross-rates from our archive.
Sources & method
- Rates: Frankfurter, European Central Bank daily reference rates (USD base), fetched once per business day into Konteksto's own archive. The site never shows numbers we don't store.
- The BSP official reference rate may differ slightly; it will be added as an official-rate footnote series.
- Every figure on this page is computed from archived observations, nothing is estimated or hand-edited.
Peso slips to ₱60.87, but it's the dollar, not the peso
The peso closed at ₱60.87 to the dollar on Aug 7, 2026, weakening 0.13% on the day and 0.7% stronger over the week. It is 6.4% weaker than a year ago. Regional peers moved in step: US Dollar to Thai Baht, US Dollar to Indonesian Rupiah, US Dollar to Singapore Dollar also firmed against the dollar, pointing to broad dollar softness rather than peso-specific pressure.
Full commentary
Year to date the peso has weakened ₱1.92 against the dollar (3.3%). Over the past five years the rate has ranged from ₱49.66 to ₱61.84, putting today 92% of the way up that range. Reference rate: European Central Bank via Frankfurter; BSP official rate may differ slightly. Next update: next business day.
Source: Konteksto, data from ECB via Frankfurter, as of Aug 7, 2026.