FX rate to USD at the end of period rose 6.33% yoy to 58.9 per USD in Philippines in 2Q2024, according to the National Statistical Office. This is 4.60% more than in the previous quarter.
Historically, FX rate to USD at the end of period in Philippines reached an all time high of 58.9 per USD in 3Q2022 and an all time low of 2.02 per USD in 1Q1957. When compared to Philippines's main peers, FX rate to USD at the end of period in China amounted to 7.27 per USD, 16,421 per USD in Indonesia, 32.5 per USD in Taiwan and 24,260 per USD in Vietnam in 2Q2024.
Philippines has been ranked 51st within the group of 122 countries we follow in terms of FX rate to USD at the end of period, 16 places above the position seen 10 years ago.
| FX Rate to USD (End of Period) | 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 | 1.49 | 1.51 | 1.55 | 1.46 | 1.53 | ||||||||||||||||
| Cambodia | per USD | 4,057 | 4,131 | 4,125 | 4,085 | 4,045 | ||||||||||||||||
| China | per USD | 6.87 | 7.26 | 7.30 | 7.14 | 7.22 | ||||||||||||||||
| Hong Kong | per USD | 7.85 | 7.84 | 7.83 | 7.81 | 7.83 | ||||||||||||||||
| India | per USD | 82.2 | 82.0 | 83.1 | 83.1 | 83.4 | ||||||||||||||||
| Indonesia | per USD | 15,062 | 15,026 | 15,526 | 15,416 | 15,853 | ||||||||||||||||
| Japan | per USD | 133 | 145 | 149 | 142 | 151 | ||||||||||||||||
| Laos | per USD | 16,284 | 17,822 | 19,028 | 19,162 | 19,700 | ... | ... | ||||||||||||||
| Malaysia | per USD | 4.41 | 4.68 | 4.69 | 4.59 | 4.73 | ||||||||||||||||
| Philippines | per USD | 54.4 | 55.4 | 57.0 | 55.6 | 56.3 | ||||||||||||||||
| Russia | per USD | 77.1 | 87.0 | 97.4 | 89.7 | 92.4 | ... | |||||||||||||||
| Singapore | per USD | 1.33 | 1.36 | 1.36 | 1.32 | 1.35 | ||||||||||||||||
| Taiwan | per USD | 30.5 | 31.1 | 32.3 | 30.7 | 32.0 | ||||||||||||||||
| Thailand | per USD | 34.1 | 35.6 | 36.6 | 34.2 | 36.5 | ||||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||||||||
| Vietnam | per USD | 23,600 | 23,758 | 24,089 | 23,866 | 24,003 |
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