Today's PHP to USD Price Update

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Summary

This report provides the real-time exchange rate between the Philippine Peso (PHP) and the U.S. Dollar (USD), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Philippine Peso (PHP) is the official currency of the Philippines. The exchange rate between them reflects market sentiment toward the Philippine economy and investor confidence in currency stability.

Today’s Price

  • 1 PHP = 0.0169 USD
  • 24h High: 0.016982 USD
  • 24h Low: 0.016964 USD

Market Analysis

The PHP/USD exchange rate as of January 31, 2026 continues to reflect broader trends in emerging market currencies and USD strength dynamics.

  • Technical levels: Key support levels identified in USD/PHP at 58.20 PHP, 58.35 PHP, and 58.45 PHP; resistance levels at 58.69 PHP, 58.84 PHP, and 58.94 PHP
  • Price forecast: Market analysis suggests the USD to PHP exchange rate may see a 2.10% rise over the next year, potentially reaching ₱60.21
  • Trading considerations: Technical analysts should monitor moving averages and common chart indicators for buy/sell signals

Conclusion

Continue to monitor the PHP/USD pair closely, utilizing technical analysis tools and support/resistance levels to inform trading decisions. Traders should remain attentive to macroeconomic factors affecting both the Philippine economy and U.S. Dollar strength.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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