USD to PHP
Payoneer vs PayPal in the Philippines
Researched by Harry Guinness
Data under review
We don’t have current, matching fee sources, so we aren’t showing figures yet.
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Sources and assumptions
How we calculated it
For each invoice amount, we took each provider’s USD fees in the order charged. We converted what was left to PHP at the same daily rate, then took any local bank-withdrawal fee.
Exchange rate
We used 1 USD = 62.99 PHP, from Open Exchange Rates on 17 October 2026.
Payment details
- Account: Philippine freelancer or sole trader
- Conversion: USD received and converted to PHP
- Payout: PHP sent to a Philippine bank account
Found an error?
Send Harry the source and he’ll correct it.
