USD to PHP in August 2026: high, low, average
Updated September 26, 2026
The dollar averaged 61.445 Philippine pesos in August 2026, calculated from 21 ECB-based cross rates. For the millions of Filipino families who receive money from relatives abroad, the month had good timing at the end: the dollar climbed 2.41% from the first fixing to the last and closed August at its highest level, 62.397 pesos.
A month of rising remittance value
The first week was the weakest for the dollar. It dipped 0.56% on August 3 to 60.927, and reached the low of the month, 60.75, on August 10.
On August 11 the dollar jumped 0.7%, the largest move of the month, to 61.178. From there it rose on almost every fixing. It passed 61.78 on August 18, held between 61.66 and 61.821 for a week, and then accelerated: up 0.39% on August 27, 0.57% on August 28 and 0.23% on August 31.
The dollar rose on 14 fixings and fell on only 6.
Daily USD/PHP rates
| Day | Rate (PHP) | Daily change |
|---|---|---|
| August 3 | 60.927 | -0.56% |
| August 4 | 61.001 | +0.12% |
| August 5 | 60.751 | -0.41% |
| August 6 | 60.791 | +0.07% |
| August 7 | 60.867 | +0.12% |
| August 10 | 60.75 | -0.19% |
| August 11 | 61.178 | +0.7% |
| August 12 | 61.222 | +0.07% |
| August 13 | 61.325 | +0.17% |
| August 14 | 61.388 | +0.1% |
| August 17 | 61.509 | +0.2% |
| August 18 | 61.78 | +0.44% |
| August 19 | 61.821 | +0.07% |
| August 20 | 61.728 | -0.15% |
| August 21 | 61.66 | -0.11% |
| August 24 | 61.719 | +0.1% |
| August 25 | 61.717 | 0% |
| August 26 | 61.661 | -0.09% |
| August 27 | 61.902 | +0.39% |
| August 28 | 62.254 | +0.57% |
| August 31 | 62.397 | +0.23% |
Summary
| Value | |
|---|---|
| Average | 61.445 |
| Low | 60.75 on August 10 |
| High | 62.397 on August 31 |
| Range | 2.71% |
| July 2026 average | 61.604 |
| August 2025 average | 57.133 |
The August average was 0.26% below July, because the first half of the month was weak. Compared with August 2025, the average was 7.55% higher. Over a year, the peso has lost considerable value against the dollar.
For overseas Filipino workers and their families
Send later, receive more. In August 2026, a transfer made on the last day of the month delivered more pesos per dollar than one made at any other time. That is a pattern of this month only; next month could run the other way.
Compare the delivered amount. Remittance companies quote their own rate. Divide the pesos received by the dollars sent and compare the result with the fixing of that day. A difference of half a peso per dollar is a real cost, often larger than the transfer fee.
Think in yearly terms. A family receiving a fixed amount in dollars each month now gets noticeably more pesos than a year ago, which helps with rising local prices.
For businesses and travellers
Philippine importers of fuel, rice and machinery pay more pesos per dollar than last year. Business process outsourcing firms, which earn in dollars and pay salaries in pesos, benefit from a weaker peso. For visitors to the Philippines, the peso is cheaper than last summer: at the August average, one peso was worth 0.016276 dollars.
Where the numbers come from
These are cross rates from ECB euro fixings. The Bangko Sentral ng Pilipinas publishes its own reference rate, which Filipino banks follow. The two series move together and can differ slightly on any given day.
What to do
- Check the rate for your transfer date on USD/PHP daily rates in August 2026.
- See the best day for senders on USD/PHP on the high day of the month.
- Compare monthly averages on USD/PHP in 2026.
- See the USD to PHP exchange rate today, and use the 100 USD to PHP converter for a quick estimate.
Questions and answers
What was the average USD to PHP rate in August 2026?
The dollar averaged 61.445 Philippine pesos across 21 ECB-based cross rates in August 2026.
When was the best day to send dollars to the Philippines in August 2026?
August 31, 2026, when the rate reached the monthly high of 62.397 pesos per dollar.
How much weaker is the peso than a year ago?
The August 2026 average of 61.445 was 7.55% above the August 2025 average of 57.133 pesos per dollar.