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FX Rate to USD (End of Period) fell 0.985% to 55.6 per USD in Philippines in 2023

FX Rate to USD (End of Period) (per USD), 2023
Economy | Philippines | November 24, 2024
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FX rate to USD at the end of period fell 0.985% to 55.6 per USD in Philippines in 2023, according to the National Statistical Office.

Historically, FX rate to USD at the end of period in Philippines reached an all time high of 56.3 per USD in 2004 and an all time low of 2.02 per USD in 1950. When compared to Philippines's main peers, FX rate to USD at the end of period in China amounted to 7.14 per USD, 15,416 per USD in Indonesia, 30.7 per USD in Taiwan and 23,866 per USD in Vietnam in 2023.

Philippines has been ranked 72nd within the group of 170 countries we follow in terms of FX rate to USD at the end of period, 4 places below the position seen 10 years ago.

FX Rate to USD (End of Period) Unit 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Australia per USD 1.28 1.42 1.43 1.30 1.38
Cambodia per USD 4,042 4,033 4,084 4,077 4,114
China per USD 6.51 6.85 6.99 6.53 6.37
Hong Kong per USD 7.81 7.83 7.79 7.75 7.80
India per USD 63.9 69.8 71.3 73.1 74.3
Indonesia per USD 13,548 14,481 13,901 14,105 14,269
Japan per USD 113 111 109 104 114
Laos per USD 8,293 8,530 8,861 9,274 11,041
Malaysia per USD 4.06 4.14 4.09 4.01 4.18
Philippines per USD 49.9 52.7 50.7 48.0 50.8
Russia per USD 57.6 69.5 61.9 73.9 74.3
Singapore per USD 1.34 1.36 1.35 1.32 1.35
Taiwan per USD 29.8 30.7 30.1 28.5 27.7
Thailand per USD 32.7 32.4 30.2 30.0 33.4
USA per USD 1.00 1.00 1.00 1.00 1.00
Vietnam per USD 22,425 22,825 23,155 23,131 23,145