Average FX rate to USD rose 2.31% yoy to 57.2 per USD in Philippines in 3Q2024, according to the National Statistical Office. This is 0.957% less than in the previous quarter.
Historically, Average FX rate to USD in Philippines reached an all time high of 57.8 per USD in 2Q2024 and an all time low of 2.00 per USD in 1Q1957. When compared to Philippines's main peers, Average FX rate to USD in China amounted to 7.16 per USD, 15,799 per USD in Indonesia, 32.3 per USD in Taiwan and 24,220 per USD in Vietnam in 3Q2024.
Philippines has been ranked 51st within the group of 142 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 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
| Australia | per USD | 1.46 | 1.50 | 1.53 | 1.54 | 1.52 | ||||||||||||||||
| Cambodia | per USD | 4,084 | 4,105 | 4,134 | 4,119 | 4,072 | ||||||||||||||||
| China | per USD | 6.84 | 7.02 | 7.25 | 7.23 | 7.19 | ||||||||||||||||
| Hong Kong | per USD | 7.84 | 7.84 | 7.82 | 7.81 | 7.82 | ||||||||||||||||
| India | per USD | 82.3 | 82.2 | 82.7 | 83.3 | 83.0 | ||||||||||||||||
| Indonesia | per USD | 15,241 | 14,870 | 15,213 | 15,624 | 15,660 | ||||||||||||||||
| Japan | per USD | 132 | 137 | 144 | 148 | 149 | ||||||||||||||||
| Laos | per USD | 16,248 | 16,980 | 18,253 | 19,275 | 19,422 | ... | |||||||||||||||
| Malaysia | per USD | 4.39 | 4.53 | 4.63 | 4.70 | 4.72 | ||||||||||||||||
| Philippines | per USD | 54.9 | 55.6 | 56.0 | 56.1 | 56.0 | ||||||||||||||||
| Russia | per USD | 72.8 | 81.0 | 94.1 | 92.8 | 90.8 | ... | |||||||||||||||
| Singapore | per USD | 1.33 | 1.34 | 1.35 | 1.35 | 1.34 | ||||||||||||||||
| Taiwan | per USD | 30.4 | 30.7 | 31.7 | 31.8 | 31.4 | ||||||||||||||||
| Thailand | per USD | 33.9 | 34.5 | 35.2 | 35.7 | 35.7 | ||||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||||||||
| Vietnam | per USD | 23,619 | 23,681 | 23,894 | 23,955 | 23,985 |
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