USD-PHP
Medium Volatility
USD to PHP Exchange Rate Report
May 2026 Analysis
Average Rate
60.9033
Monthly Change
-1.79%
Best Provider
moneygram
Data Points
339
Executive Summary
In May 2026, the USD to PHP exchange rate weakened, moving from 62.5900 to 61.4700 (-1.79% change).
The average rate across all providers was 60.9033, with rates ranging from 57.6569 to 63.1133. Market volatility was medium during this period.
moneygram consistently offered the best rates, making it the recommended provider for this corridor during May.
Rate Range Analysis
Lowest Rate
57.6569
Average Rate
60.9033
Highest Rate
63.1133
Opening: 62.5900Closing: 61.4700
Provider Performance
| Provider | Avg Rate | Min | Max | Days Best |
|---|---|---|---|---|
Best moneygram | 63.0250 | 62.9724 | 63.1133 | 10 days |
remitly | 62.6559 | 61.7000 | 63.0600 | 20 days |
unplex | 61.4800 | 61.3900 | 61.5400 | |
worldremit | 61.4271 | 60.5793 | 61.8735 | |
wise | 61.3611 | 60.3925 | 61.7246 | 1 days |
paysend | 61.3367 | 60.3624 | 61.7116 | |
taptapsend | 61.0484 | 60.2000 | 61.5000 | |
currencyfair | 61.0047 | 59.9950 | 61.3650 | |
sendwave | 60.9168 | 59.9875 | 61.3123 | |
pandaremit | 60.8402 | 59.3270 | 61.5506 | |
xe | 60.5281 | 59.5584 | 61.0496 | |
westernunion | 59.7295 | 58.7209 | 60.0161 | |
ofx | 58.6109 | 57.6569 | 59.0532 |
Best Time to Transfer
Best Day
Tuesday
Average rate: 61.0724
Avoid
Thursday
Average rate: 60.8209
Based on 339 data points collected throughout May 2026.
Ready to Transfer?
Compare current provider options for USD to PHP right now.
Compare Current Estimates