Average FX rate to USD fell 1.26% yoy to 56.1 per USD in Philippines in September 2024, according to the National Statistical Office. This is 1.96% less than in the previous month.
Historically, Average FX rate to USD in Philippines reached an all time high of 58.8 per USD in October 2022 and an all time low of 2.00 per USD in January 1957. When compared to Philippines's main peers, Average FX rate to USD in China amounted to 7.08 per USD, 15,341 per USD in Indonesia, 32.0 per USD in Taiwan and 24,164 per USD in Vietnam in September 2024.
Philippines has been ranked 51st within the group of 141 countries we follow in terms of Average FX rate to USD, 16 places above the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 |
| Australia | per USD | 1.54 | 1.51 | 1.50 | 1.50 | 1.50 | ||||||||||||||||
| Cambodia | per USD | 4,054 | 4,080 | 4,114 | 4,111 | 4,093 | ... | |||||||||||||||
| China | per USD | 7.24 | 7.23 | 7.26 | 7.26 | 7.15 | ||||||||||||||||
| Hong Kong | per USD | 7.83 | 7.81 | 7.81 | 7.81 | 7.80 | ||||||||||||||||
| India | per USD | 83.4 | 83.4 | 83.5 | 83.6 | 83.9 | ||||||||||||||||
| Indonesia | per USD | 16,100 | 16,084 | 16,329 | 16,262 | 15,793 | ||||||||||||||||
| Japan | per USD | 153 | 156 | 158 | 158 | 146 | ||||||||||||||||
| Laos | per USD | 19,821 | 19,939 | 20,355 | 20,657 | 20,638 | ... | ... | ||||||||||||||
| Malaysia | per USD | 4.77 | 4.72 | 4.71 | 4.68 | 4.42 | ||||||||||||||||
| Philippines | per USD | 57.0 | 57.8 | 58.7 | 58.5 | 57.2 | ... | |||||||||||||||
| Russia | per USD | 92.9 | 90.9 | 88.0 | ... | ... | ... | ... | ||||||||||||||
| Singapore | per USD | 1.36 | 1.35 | 1.35 | 1.35 | 1.32 | ||||||||||||||||
| Taiwan | per USD | 32.4 | 32.3 | 32.4 | 32.7 | 32.3 | ... | |||||||||||||||
| Thailand | per USD | 36.8 | 36.6 | 36.7 | 36.3 | 34.8 | ||||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||||||||
| Vietnam | per USD | 24,140 | 24,216 | 24,253 | 24,252 | 24,246 | ... |
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