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Philippines DBM Forecast: Forex: Philippine Peso to USD: Year Average: High data was reported at 55.000 PHP/USD in 2022. This stayed constant from the previous number of 55.000 PHP/USD for 2021. Philippines DBM Forecast: Forex: Philippine Peso to USD: Year Average: High data is updated yearly, averaging 49.000 PHP/USD from Dec 2003 (Median) to 2022, with 19 observations. The data reached an all-time high of 57.000 PHP/USD in 2005 and a record low of 45.000 PHP/USD in 2015. Philippines DBM Forecast: Forex: Philippine Peso to USD: Year Average: High data remains active status in CEIC and is reported by Department of Budget and Management. The data is categorized under Global Database’s Philippines – Table PH.M010: Foreign Exchange Rate: Forecast: Department of Budget and Management.
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Prices for USDPHP US Dollar Philippine Peso including live quotes, historical charts and news. USDPHP US Dollar Philippine Peso was last updated by Trading Economics this July 13 of 2025.
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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.
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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.
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Philippines Forex: Month Average: Philippine Peso to USD data was reported at 52.808 PHP/USD in Nov 2018. This records a decrease from the previous number of 54.009 PHP/USD for Oct 2018. Philippines Forex: Month Average: Philippine Peso to USD data is updated monthly, averaging 8.131 PHP/USD from Jan 1945 (Median) to Nov 2018, with 887 observations. The data reached an all-time high of 56.341 PHP/USD in Oct 2004 and a record low of 2.000 PHP/USD in Jan 1962. Philippines Forex: Month Average: Philippine Peso to USD 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.
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Key information about Philippines Exchange Rate against USD
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The USD/PHP exchange rate fell to 56.5030 on July 11, 2025, down 0.03% from the previous session. Over the past month, the Philippine Peso has weakened 1.45%, but it's up by 3.27% over the last 12 months. Philippine Peso - values, historical data, forecasts and news - updated on July of 2025.
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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.
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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.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 1626.24(USD Billion) |
MARKET SIZE 2024 | 1851.31(USD Billion) |
MARKET SIZE 2032 | 5220.77(USD Billion) |
SEGMENTS COVERED | Transfer Type ,Remittance Channel ,Application ,Currency Corridor ,Service Provider Type ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Digitalization of Remittances Growing Mobile Penetration Advancement in Technology Government Regulations Competitive Landscape |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Xoom ,Paysend ,WorldRemit ,Azimo ,NIUM ,Thunes ,SmartSend ,Remitly ,Ria Money Transfer ,Airwallex ,Flywire ,BitRemit ,Western Union ,InstaRem ,TransferWise ,MoneyGram |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Increase in mobile penetration rate Growing demand for crossborder payments Rise of ecommerce and online marketplaces Growing adoption of digital wallets Expansion into emerging markets |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 13.84% (2024 - 2032) |
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Key information about Philippines Money Supply M2
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The Gross Domestic Product per capita in Philippines was last recorded at 3925.30 US dollars in 2024. The GDP per Capita in Philippines is equivalent to 31 percent of the world's average. This dataset provides - Philippines GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Foreign Exchange Reserves in Philippines decreased to 105300 USD Million in June from 105500 USD Million in May of 2025. This dataset provides - Philippines Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Philippines DBM Forecast: Forex: Philippine Peso to USD: Year Average: High data was reported at 55.000 PHP/USD in 2022. This stayed constant from the previous number of 55.000 PHP/USD for 2021. Philippines DBM Forecast: Forex: Philippine Peso to USD: Year Average: High data is updated yearly, averaging 49.000 PHP/USD from Dec 2003 (Median) to 2022, with 19 observations. The data reached an all-time high of 57.000 PHP/USD in 2005 and a record low of 45.000 PHP/USD in 2015. Philippines DBM Forecast: Forex: Philippine Peso to USD: Year Average: High data remains active status in CEIC and is reported by Department of Budget and Management. The data is categorized under Global Database’s Philippines – Table PH.M010: Foreign Exchange Rate: Forecast: Department of Budget and Management.