Today's USD to PHP Price Update

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Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and the Philippine Peso (PHP), 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 primary legal tender of the Philippines. The exchange rate between them reflects not only market participants’ assessment of currency strength but also investor confidence in the economic fundamentals of both nations.

Today’s Price

  • 1 USD = 57.64 PHP (as of 2026-02-27 16:00:13)
  • 24h High: 57.7359 PHP
  • 24h Low: 57.5448 PHP

Market Analysis

Recently, USD/PHP has been influenced by USD strength in global markets and Philippine peso fundamentals, with the pair currently in a consolidation phase after a previous rally and retesting key resistance levels.

  • Technical levels: Key resistance at 57.51–57.99 PHP and 60.00 PHP; previous resistance at 56.41 PHP
  • Risk note: Short-term volatility is expected as the market consolidates; traders should monitor volume confirmation on any potential breakouts
  • Trading opportunities: Watch for breakout confirmation above resistance levels and monitor momentum indicators (RSI, MACD) for entry signals. Key support areas should be observed for potential reversal setups

Conclusion

Continue to monitor the USD/PHP pair closely through the current market cycle (2026-02-27 to date), integrating technical support and resistance levels with broader USD strength trends. Traders should remain alert to volume confirmation on breakouts and adjust positions based on momentum indicator signals for optimal risk management.

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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