Latest US Dollar to Philippine Peso Bank Rates Compared for Today, August 6, 2026 US DOLLAR TO PHILIPPINE PESO – You can check here the comparison of the exchange rates of the different banks today, August 6, 2026. Countless Filipinos are migrant workers. Some are land-based while others are sea-based. For these individuals and their families, ... Read more
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US DOLLAR TO PHILIPPINE PESO – You can check here the comparison of the exchange rates of the different banks today, August 6, 2026.
Countless Filipinos are migrant workers. Some are land-based while others are sea-based. For these individuals and their families, truth be told that the exchange rates between the two (2) national currencies is a huge factor.
The US Dollar to Philippine Peso exchange rate determines how much the salary of an overseas Filipino worker will yield in the Philippine Peso. While a weakened Peso may have its negative implications, for OFWs and their families, it can bring some benefits through a higher money exchange.
When the Peso is weak, every U.S. Dollar sent home to the Philippines brings the families of the OFWs a higher purchasing power. However, while some Filipinos benefit from a stronger Dollar value, such standing also has negative significance.
Today, Thursday, August 6, 2026, here is a table of the range of the US Dollar and Philippine Peso exchange rates in general banking categories:
| Source / Institution | Buying Rate (PHP per USD) | Selling Rate (PHP per USD) | Reference / Spot Rate |
|---|---|---|---|
| Bangko Sentral ng Pilipinas (BSP) | ₱60.70 | ₱61.20 | ₱60.95 (Reference Rate) |
| Development Bank of the Philippines (DBP) | ₱60.45 | ₱61.05 | Booking Rate: ₱60.75 |
| Market Spot (Trading Economics) | — | — | ₱60.79 |
However, the depreciation of the Philippine Peso also has its own share of negative impacts to the whole Filipino citizenry. It means that imported goods such as fuel, medicines, and food staples become more expensive.
For a more specific US Dollar and Philippine Peso exchange rate among the commercial banks, here’s a table you can use as reference for today’s current exchange rates:
| Bank / Institution | Buying Rate (PHP per USD) | Selling Rate (PHP per USD) | Notes |
|---|---|---|---|
| BDO | ₱60.50 | ₱60.95 | Competitive spread, aligned with BSP |
| UnionBank | ₱60.48 | ₱60.92 | Slightly narrower spread than BDO |
| Security Bank | ₱60.46 | ₱60.91 | Favorable for remittance receivers |
| EastWest Bank | ₱60.47 | ₱60.93 | Mid-range rates, stable spreads |
| China Bank | ₱60.44 | ₱60.90 | Lower buying rate, good for USD sellers |
| LandBank | ₱60.45 | ₱60.94 | Government bank, wider spread |
| BSP Reference Rate | — | — | ₱60.95 (Official benchmark) |
Do you want to check on the USD to PHP exchange rate of Asia United Bank for today, August 6, 2026?
The US Dollar and Philippine Peso exchange rate is influenced by several factors including global oil costs after a series of oil price hike. When the oil prices are high, the demand for Dollars increases, thus, pushing the Philippine Peso down.