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 |