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Compare today's USD to PHP (US Dollar to Philippine Peso) exchange rates

Micronesia
Philippines
USD

Interbank Exchange Rate: 1 USD = 58.8395 PHP
Updated about 1 hours ago

Found 7 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
58 926.00 PHP
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 58.9260 PHP

📢 B2B transfers only
cambridge-currencies
Read more about Cambridge Currencies
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
58 867.00 PHP
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 58.8670 PHP
currencyflow
Read more about Currencyflow
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 USD =
58 849.30 PHP
Transfer Limit (USD): No Limits
Locked-In Rate1 USD = 58.8493 PHP
CURRENCYFAIR
Read more about CurrencyFair
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 USD =
58 560.00 PHP
Transfer Limit (USD): 100 - 99000000
Indicative Rate1 USD = 58.5600 PHP
First 3 transfers free for RemitFinder users
OFX
Read more about OFX
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 USD =
58 380.50 PHP
Transfer Limit (USD): No Limits
Locked-In Rate1 USD = 58.3805 PHP
Get 10 free transfers
XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 USD =
58 350.80 PHP
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 58.3508 PHP
Refer a friend to earn USD 25

📢 New! Cash pickup available
TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
58 188.90 PHP
Transfer Limit (USD): 1 - 1000000
Locked-In Rate1 USD = 58.1889 PHP
1 Remit Service Providers did not match the search criteria.
key-currency
Read more about Key Currency
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
58 926.00 PHP
Transfer Limit (USD): 6823 - No Limit
Indicative Rate1 USD = 58.9260 PHP

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about US Dollar to Philippine Peso money transfers

Easily compare money transfer providers in one place to send money from Micronesia to Philippines. Send money overseas to your loved ones by comparing US Dollar (USD) to Philippine Peso (PHP) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 7 money transfer operators to get you the best FX rates to send money from Micronesia to Philippines.

The best rate to send Philippine Peso from US Dollar to your loved ones in Philippines is currently offered by Verto; their 1 USD to PHP exchange rate today is 58.9260.

Cambridge Currencies offers the next most competitive US Dollar to Philippine Peso exchange rate today (currently 1 USD = 58.8670 PHP).

Two other competitive providers for sending money from Micronesia to Philippines are Currencyflow and CurrencyFair.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Micronesia.

Were you looking to send money from Philippines to Micronesia instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest USD to PHP Conversion Rates

Here are some latest USD to PHP (US Dollar to Philippine Peso) exchange rates for popular conversion amounts*.

1 USD58.84 PHP
5 USD294.20 PHP
10 USD588.40 PHP
25 USD1,470.99 PHP
50 USD2,941.98 PHP
100 USD5,883.95 PHP
150 USD8,825.93 PHP
200 USD11,767.90 PHP
250 USD14,709.88 PHP
300 USD17,651.85 PHP
400 USD23,535.80 PHP
500 USD29,419.75 PHP
600 USD35,303.70 PHP
700 USD41,187.65 PHP
800 USD47,071.60 PHP
1,000 USD58,839.50 PHP
1,500 USD88,259.25 PHP
2,000 USD117,679.00 PHP
2,500 USD147,098.75 PHP
3,000 USD176,518.50 PHP
4,000 USD235,358.00 PHP
5,000 USD294,197.50 PHP
10,000 USD588,395.00 PHP
15,000 USD882,592.50 PHP
20,000 USD1,176,790.00 PHP
30,000 USD1,765,185.00 PHP
40,000 USD2,353,580.00 PHP
50,000 USD2,941,975.00 PHP
100,000 USD5,883,950.00 PHP

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Micronesia to Philippines money transfers?

With the global remittance market booming, there are so many choices for United States Dollar to PHP money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Philippines from Micronesia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final PHP amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to Philippines from Micronesia?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Philippines.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Micronesia to Philippines transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your USD to Philippine Peso money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Philippines from Micronesia?

Finding the cheapest way to send money from Micronesia to Philippines might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer USD to PHP via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Micronesia to Philippines exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to send money from Micronesia to Philippines?

Big banks in Micronesia are known to make a lot of money by charging high fees on Philippines money transfers from Micronesia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a USD to PHP exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Philippines. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Micronesia to Philippines. You work hard for your money, so you should also ensure you get the maximum yield when you send PHP overseas.


How to send money from Micronesia to Philippines fast?

The speed of your United States Dollar to Philippine Peso funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert USD to PHP. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Philippines from Micronesia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Philippines if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout PHP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Micronesia bank to Philippines bank transfer.


Which are the best money transfer companies to transfer money from Micronesia to Philippines?

The first step in selecting the best money transfer operators for Micronesia to Philippines remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for United States Dollar to Philippine Peso money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Philippines.


Step by step guide to transfer money to Philippines from Micronesia

With so many possible ways to transfer United States Dollar to Philippine Peso, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Micronesia to Philippines remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Micronesia and the receiver in Philippines. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your USD to Philippine Peso money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.