Prices for PHPUSD Philippine Peso US Dollar including live quotes, historical charts and news. PHPUSD Philippine Peso US Dollar was last updated by Trading Economics this July 13 of 2025.

Key information about Philippines Exchange Rate against USD

• Philippines Exchange Rate against USD averaged 55.728 (USD/PHP) in May 2023, compared with 55.316 USD/PHP in the previous month.
• Philippines Exchange Rate against USD data is updated monthly, available from Jan 1945 to May 2023.
• The data reached an all-time high of 58.825 in Oct 2022 and a record low of 2.000 in Jan 1962.

Bangko Sentral ng Pilipinas provides monthly average Exchange Rate against USD.


Key information about Philippines Exchange Rate against USD

• In the latest reports, Philippines Short Term Interest Rate: Month End: Treasury Bill Rate: 91 Days was reported at 5.842 % pa in May 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: Philippines: Treasury Bond Rate: 10 Years) was reported at 5.958 % pa in May 2023.
• The cash rate (Policy Rate: Month End: Overnight Lending Facility) was set at 6.750 % pa in May 2023.

Philippines PH: Official Exchange Rate: Average: per USD data was reported at 50.404 PHP/USD in 2017. This records an increase from the previous number of 47.492 PHP/USD for 2016. Philippines PH: Official Exchange Rate: Average: per USD data is updated yearly, averaging 21.416 PHP/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 56.040 PHP/USD in 2004 and a record low of 2.015 PHP/USD in 1960. Philippines PH: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).; ; International Monetary Fund, International Financial Statistics.; ;

The currency chart for the Philippines shows historical data for the Philippine Pesos per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Philippine Pesos per USD. Depreciation implies that...

Philippines Forex: Philippine Peso to USD: Year Average data was reported at 50.404 PHP/USD in 2017. This records an increase from the previous number of 47.492 PHP/USD for 2016. Philippines Forex: Philippine Peso to USD: Year Average data is updated yearly, averaging 26.316 PHP/USD from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 56.040 PHP/USD in 2004 and a record low of 6.025 PHP/USD in 1970. Philippines Forex: Philippine Peso to USD: Year Average data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.M009: Foreign Exchange Rates.

One United States dollar was worth over ****** Indonesian rupiah in May 2024, the highest value in a comparison of over 50 different currencies worldwide. All countries and territories shown here are based on the Big Mac Index - a measurement of how much a single Big Mac is worth across different areas in the world. This exchange rate comparison reveals a strong position of the dollar in Asia and Latin America. Note, though, that several of the top currencies shown here do not rank among the most traded. The quarterly U.S. dollar exchange rate against the ten biggest forex currencies only contains the Korean won and the Japanese yen.

The USD/PHP exchange rate fell to 56.4500 on July 11, 2025, down 0.11% from the previous session. Over the past month, the Philippine Peso has weakened 1.36%, but it's up by 3.36% over the last 12 months. Philippine Peso - values, historical data, forecasts and news - updated on July of 2025.

The USD/PHP exchange rate fell to 56.4890 on July 11, 2025, down 0.05% from the previous session. Over the past month, the Philippine Peso has weakened 1.43%, but it's up by 3.30% over the last 12 months. Philippine Peso - values, historical data, forecasts and news - updated on July of 2025.

Key information about Philippines Real Effective Exchange Rate

• Philippines Real Effective Exchange Rate (REER: 2005=100: Month Avg: Philippines) was 145.0 in Feb 2025, compared with the number of 148.5 in the previous month.
• Philippines Real Effective Exchange Rate data is updated monthly and averaged 151.8 from Jan 1993 to Feb 2025.
• The data reached an all-time high of 151.8 in Jan 1997 and a record low of 92.2 in Dec 2003.

CEIC generates Real Effective Exchange Rate Index with base 2005=100. Bangko Sentral ng Pilipinas provides Real Effective Exchange Rate Index with base 1980=100. CPI is used as a deflator. An increase in REER indicates reduced competitiveness for the reporting economy.


Related information about Philippines Real Effective Exchange Rate

• In the latest reports, Philippines Short Term Interest Rate: Month End: Treasury Bill Rate: 91 Days was reported at 5.2 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Overnight Lending Facility) was set at 7.0 % pa in May 2024.
• Philippines Exchange Rate against USD averaged 55.9 (USD/PHP) in Jun 2023.

Abstract

Currency exchange rate is an important metric to inform economic policy but traditional sources are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual rate trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes currency exchange rate estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

Geographic coverage notes

The data cover the following sub-national areas: Yangon, Rakhine, Shan (North), Kayin, Kachin, Shan (South), Mon, Tanintharyi, Mandalay, Kayah, Shan (East), Chin, Magway, Sagaing, Market Average

The USD/PHP exchange rate fell to 56.6980 on June 26, 2025, down 0.01% from the previous session. Over the past month, the Philippine Peso has weakened 2.08%, but it's up by 3.32% over the last 12 months. Philippine Peso - values, historical data, forecasts and news - updated on June of 2025.

Prices for PHPSGD Philippine Peso Singapore Dollar including live quotes, historical charts and news. PHPSGD Philippine Peso Singapore Dollar was last updated by Trading Economics this July 13 of 2025.

Prices for CADPHP Canadian Dollar Philippine Peso including live quotes, historical charts and news. CADPHP Canadian Dollar Philippine Peso was last updated by Trading Economics this July 13 of 2025.

The USD/PHP exchange rate fell to 56.4070 on July 8, 2025, down 0.36% from the previous session. Over the past month, the Philippine Peso has weakened 1.01%, but it's up by 3.60% over the last 12 months. Philippine Peso - values, historical data, forecasts and news - updated on July of 2025.

Prices for HKDPHP Hong Kong Dollar Philippine Peso including live quotes, historical charts and news. HKDPHP Hong Kong Dollar Philippine Peso was last updated by Trading Economics this July 13 of 2025.

Key information about Philippines Long Term Interest Rate

• Philippines Long Term Interest Rate: Month End: Philippines: Treasury Bond Rate: 10 Years was reported at 6.12 % pa in Feb 2025, compared with 6.25 % pa in the previous month.
• Philippines Long Term Interest Rate data is updated monthly, available from Sep 1996 to Feb 2025.
• The data reached an all-time high of 21.07 % pa in Nov 1997 and a record low of 2.72 % pa in Jan 2021.
• Long Term Interest Rate is reported by reported by CEIC Data.

The Bureau of the Treasury provides 10 year Treasury Bond Rate. The null values for this series mean that there is no auction on that specific month.


Related information about Philippines Long Term Interest Rate

• In the latest reports, Philippines Short Term Interest Rate: Month End: Treasury Bill Rate: 91 Days was reported at 5.38 % pa in Jan 2025.
• The cash rate (Policy Rate: Month End: Overnight Lending Facility) was set at 7.00 % pa in May 2024.
• Philippines Exchange Rate against USD averaged 55.89 (USD/PHP) in Jun 2023.

Key information about Philippines Policy Rate

• Philippines cash rate (Policy Rate: Month End: Overnight Lending Facility) was set at 7.00 % pa in May 2024, compared with 7.00 % pa in the previous Apr 2024.
• Philippines Policy Rate averaged 3.50 % pa and is updated monthly, available from Jun 2016 to May 2024.
• The data reached an all-time high of 7.00 % pa in May 2024 and a record low of 2.50 % pa in Apr 2022.

Overnight Lending Facility Rate is based on Interest Rate Corridor (IRC) System effective 3 June 2016. For Policy Rate prior to June 2016, please refer to the Repurchase Rate.


Related information about Philippines Policy Rate

• In the latest reports, Philippines Short Term Interest Rate: Month End: Treasury Bill Rate: 91 Days was reported at 5.74 % pa in May 2024.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: Philippines: Treasury Bond Rate: 10 Years) was reported at 6.83 % pa in May 2024.
• Philippines Exchange Rate against USD averaged 55.89 (USD/PHP) in Jun 2023.
• Its Real Effective Exchange Rate was 144.19 in May 2024.

Prices for PHPTTD Philippine Peso Trinidad & Tobago Dollar including live quotes, historical charts and news. PHPTTD Philippine Peso Trinidad & Tobago Dollar was last updated by Trading Economics this July 14 of 2025.

Prices for PHPKYD Philippine Peso Cayman Islands Dollar including live quotes, historical charts and news. PHPKYD Philippine Peso Cayman Islands Dollar was last updated by Trading Economics this July 12 of 2025.

Prices for PHPAUD Philippine Peso Australian Dollar including live quotes, historical charts and news. PHPAUD Philippine Peso Australian Dollar was last updated by Trading Economics this July 13 of 2025.