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

Philippines
Micronesia
PHP

Interbank Exchange Rate: 1 PHP = 0.0171 USD
Updated about an hour ago

Found 2 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 PHP =
16.60 USD
Transfer Limit (PHP): No Limits
Indicative Rate1 PHP = 0.0166 USD

📢 B2B transfers only
TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 PHP =
16.10 USD
Transfer Limit (PHP): 1 - 1000000
Locked-In Rate1 PHP = 0.0161 USD

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 Philippine Peso to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Philippines to Micronesia. Send money overseas to your loved ones by comparing Philippine Peso (PHP) to US Dollar (USD) 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.

When making a money transfer to Micronesia from Philippines, we currently have 2 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Micronesia and their 1 PHP to USD exchange rate today is 0.0166.

The next best Philippine Peso to US Dollar exchange rate today for money transfers to Micronesia is offered by Wise (1 PHP = 0.0161 USD).

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 Philippines.

Were you looking to send money from Micronesia to Philippines 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 PHP to USD Conversion Rates

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

1 PHP0.02 USD
5 PHP0.09 USD
10 PHP0.17 USD
25 PHP0.43 USD
50 PHP0.86 USD
100 PHP1.71 USD
150 PHP2.57 USD
200 PHP3.42 USD
250 PHP4.28 USD
300 PHP5.13 USD
400 PHP6.84 USD
500 PHP8.55 USD
600 PHP10.26 USD
700 PHP11.97 USD
800 PHP13.68 USD
1,000 PHP17.10 USD
1,500 PHP25.65 USD
2,000 PHP34.20 USD
2,500 PHP42.75 USD
3,000 PHP51.30 USD
4,000 PHP68.40 USD
5,000 PHP85.50 USD
10,000 PHP171.00 USD
15,000 PHP256.50 USD
20,000 PHP342.00 USD
30,000 PHP513.00 USD
40,000 PHP684.00 USD
50,000 PHP855.00 USD
100,000 PHP1,710.00 USD

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


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

It can be very confusing when sending money from Philippines to Micronesia given so many choices. Additionally, Philippine Peso to USD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Philippines to Micronesia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Micronesia from Philippines. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Philippine Peso to United States Dollar remittances.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Micronesia from Philippines. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your PHP to United States Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Philippines to Micronesia corridor to give you more good choices for your next USD money transfer. This way you do not miss out on additional options to potentially save more.


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

When you want to send money to Micronesia from Philippines, you obviously want the cheapest possible option to maximize the money your recipient gets in United States Dollar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your PHP to USD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Philippines to Micronesia. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Philippines to Micronesia exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send United States Dollar overseas.


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

Bank transfers have been a traditionally popular way to send money overseas from Philippines to Micronesia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the PHP to USD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Philippines bank for your Micronesia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Philippines to Micronesia fast?

If you need to convert PHP to USD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Philippines to Micronesia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Philippine Peso to United States Dollar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Micronesia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Philippines to Micronesia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Comparing money transfer companies for sending money to Micronesia from Philippines can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Micronesia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Philippine Peso to United States Dollar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the United States Dollar yield on every Philippine Peso that you send.


Step by step guide to send money to Micronesia from Philippines

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Philippines to Micronesia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Philippines to Micronesia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Micronesia where they can receive monies in United States Dollar.
  • Then, provide details of your Philippines bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your PHP travel to another part of the globe.