3,568 PHP to USD | Convert 3568 Philippine Peso to US Dollar (2024)

FAQs

How much is $1 dollar in the Philippines? ›

1 USD = 58.700001 PHP Jun 15, 2024 23:40 UTC

The currency converter below is easy to use and the currency rates are updated frequently.

According to Salary Explorer, A person working in the Philippines typically earns around 44,800 PHP. Salaries range from 11,300 PHP (lowest average) to 199,000 PHP (highest average, actual maximum salary is higher).

According to the 2022 Occupational Wage Survey (OWS), the average monthly salary in the Philippines is Php 18,423.00 (US$ 330.08). With the lack of a national minimum wage in the country, the salaries of Filipino workers may vary depending on their location, industry, and skill sets.

In the Philippines, USD $100 Can Get You:

2-3 nights' stay in a three-star Cebu or Manila hotel. 1-3 one-way trips on a Philippines budget air carrier. 100-150 Filipino beers. 30-40 budget Filipino meals.

More specifically, the best time to trade USD/PHP is between 12:00 and 15:00 GMT when the market is most liquid. Weekends tend to see higher USD value because foreign currency cash flows slow down. So, it may be a good idea to convert US dollars to pesos on weekends or whenever the former is stronger.

How much is a 1000 peso bill worth in us dollars? ›

The average monthly cost for a single person is around $500, while for a family of four, it is roughly around $2,000. The cost of living in Manila, the capital city, and large cities like Cebu City, is even higher.

In urban areas , 1,000 pesos can buy a full meal for two at a mid - range restaurant , or a large grocery haul consisting of basic necessities such as rice , vegetables , and meat . It can also cover a day 's worth of transportation expenses , including a taxi ride and a few jeepney or tricycle trips .

Average Home Prices in the Philippines

Small to medium sized houses (80 to 150 sqm) usually range from ₱3.5 million (about $63,000) to ₱5 million ($90,000). Larger family homes (200 to 400 sqm) average between ₱10 million ($180,000) to ₱20 million ($360,000).