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 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 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 USD = 59.41 PHP (as of 2026-01-21 19:00:23)
  • 24h High: 59.4695 PHP
  • 24h Low: 59.1241 PHP

Market Analysis

The USD/PHP exchange rate is currently trading near recent highs, reflecting the pair’s intraday volatility within a relatively tight range.

  • Technical levels: Key support at 59.1241 PHP, resistance at 59.4695 PHP
  • Risk note: Traders should monitor for potential breakouts beyond the 24-hour range, as volatility may intensify with macroeconomic developments
  • Trading opportunities: Watch for consolidation patterns within the 59.12–59.47 range and potential directional moves upon range breakouts

Conclusion

Continue to monitor the USD/PHP pair closely for intraday trading signals and support/resistance interactions. Traders should remain vigilant to market-moving events that could drive volatility beyond current trading ranges.

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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