The USD/PHP exchange rate rose to 56.4510 on July 4, 2025, up 0.13% from the previous session. Over the past month, the Philippine Peso has weakened 1.44%, but it's up by 3.51% over the last 12 months. Philippine Peso - values, historical data, forecasts and news - updated on July 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.

• 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.

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 4 of 2025.

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.

The USD/PHP exchange rate rose to 56.4620 on July 4, 2025, up 0.15% from the previous session. Over the past month, the Philippine Peso has weakened 1.46%, but it's up by 3.49% over the last 12 months. Philippine Peso - values, historical data, forecasts and news - updated on July of 2025.

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.

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.

The USD/PHP exchange rate fell to 57.2010 on June 20, 2025, down 0.23% from the previous session. Over the past month, the Philippine Peso has weakened 2.87%, but it's up by 2.77% over the last 12 months. Philippine Peso - values, historical data, forecasts and news - updated on June of 2025.

PHP Framework Market Outlook

The global PHP Framework market size was estimated at USD 1.2 billion in 2023 and is projected to reach USD 2.8 billion by 2032, growing at a CAGR of 9.5% over the forecast period. The growth of this market is primarily driven by the increasing demand for efficient and scalable web development solutions across various industries. PHP frameworks facilitate rapid application development, reduce repetitive coding tasks, and enhance performance, making them indispensable tools for developers worldwide.

One of the key growth factors for the PHP Framework market is the burgeoning need for dynamic and responsive web applications. As businesses increasingly migrate to digital platforms, there is a heightened demand for robust web solutions that can handle high traffic and provide seamless user experiences. PHP frameworks, with their extensive libraries and pre-built modules, significantly speed up the development process and ensure better performance, thus catering to this growing need. Additionally, the rise of e-commerce and social media platforms has created a substantial demand for scalable and secure web applications, further propelling the adoption of PHP frameworks.

Another crucial factor contributing to the market's growth is the continuous advancements in PHP frameworks themselves. Popular frameworks such as Laravel, Symfony, and CodeIgniter are consistently updated to incorporate the latest technological trends and security features. These updates not only enhance the functionality and ease of use of these frameworks but also ensure that they remain relevant in the fast-evolving tech landscape. Moreover, the strong community support and extensive documentation available for these frameworks make them accessible even to less experienced developers, thus broadening their adoption.

The proliferation of cloud computing is also playing a significant role in the expansion of the PHP Framework market. With the increasing shift towards cloud-based solutions, developers are leveraging PHP frameworks to build applications that are easily deployable and scalable on cloud platforms. Cloud deployment offers numerous benefits, including reduced infrastructure costs, enhanced collaboration, and greater flexibility, which are highly appealing to businesses of all sizes. Consequently, the integration of PHP frameworks with cloud services is expected to drive market growth significantly over the forecast period.

Regionally, North America is expected to hold a dominant share in the PHP Framework market, owing to the high concentration of tech companies and advanced IT infrastructure in the region. However, the Asia Pacific region is anticipated to witness the highest growth rate, driven by the rapid digital transformation and increasing adoption of web-based applications in emerging economies such as India and China. The strong emphasis on digitalization by governments and businesses in these regions is creating lucrative opportunities for market players.

Type Analysis

The PHP Framework market can be segmented based on type into Full-Stack Frameworks, Micro Frameworks, and Asynchronous Frameworks. Full-Stack Frameworks, like Laravel and Symfony, are designed to handle both the frontend and backend of web applications, offering a comprehensive suite of tools and libraries. These frameworks are widely popular among developers due to their ability to streamline the development process and reduce the time to market. They offer built-in features such as routing, templating, and authentication, which significantly simplify common development tasks.

Micro Frameworks, on the other hand, are minimalist frameworks that provide only the essential components needed to build a web application. Examples include Slim and Lumen. These frameworks are lightweight and highly performant, making them ideal for small-scale applications and services. They offer greater flexibility and control over the application architecture, allowing developers to choose and integrate only the components they need. This modularity is particularly beneficial for projects with specific requirements and constraints.

Asynchronous Frameworks, though less common, are gaining traction due to their ability to handle numerous simultaneous connections efficiently. Frameworks like Swoole enable asynchronous programming in PHP, which is crucial for building real-time applications such as chat applications, gaming servers, and live-streaming platforms. These frameworks offer significant performance improvements over traditional synchronous frameworks by el

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.

• 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.

The Philippines Data Center Market Size was valued at USD 633 Million in 2024 and is projected to reach USD 2,920 Million by 2032, growing at a CAGR of 20.90% from 2026 to 2032.Key Market Drivers:Digital Transformation and Cloud Adoption: The Philippines' aggressive digital transformation initiatives are resulting in significant data center growth. According to the Department of Information and Communications Technology (DICT), digital transformation investments in the Philippines totalled around PHP 235 billion (USD 4.7 billion) in 2023, with projections of exceeding PHP 300 billion by 2026. According to the National Economic and Development Authority's (NEDA) Philippine Digital Economy Report, cloud service adoption among Filipino enterprises will increase by 37% in 2023, resulting in significant demand for local data processing infrastructure.

DBM预测：外汇：菲律宾比索对美元：年平均值：高在12-01-2022达55.000菲律宾比索/美元，相较于12-01-2021的55.000菲律宾比索/美元保持不变。DBM预测：外汇：菲律宾比索对美元：年平均值：高数据按年更新，12-01-2003至12-01-2022期间平均值为49.000菲律宾比索/美元，共19份观测结果。该数据的历史最高值出现于12-01-2005，达57.000菲律宾比索/美元，而历史最低值则出现于12-01-2015，为45.000菲律宾比索/美元。CEIC提供的DBM预测：外汇：菲律宾比索对美元：年平均值：高数据处于定期更新的状态，数据来源于Department of Budget and Management，数据归类于Global Database的菲律宾 – 表 PH.M010：外汇汇率：预测：预算和管理部。

Explore Market Research Intellect's Php Integrated Development Environment Ide Software Market Report, valued at USD 1.5 billion in 2024, with a projected market growth to USD 2.8 billion by 2033, and a CAGR of 8.5% from 2026 to 2033.

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.

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.

• 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.

Key information about Philippines Short Term Interest Rate

• Philippines Short Term Interest Rate: Month End: Treasury Bill Rate: 91 Days was reported at 5.21 % pa in Feb 2025, compared with 5.38 % pa in the previous month.
• Philippines Short Term Interest Rate data is updated monthly, available from Jan 1975 to Feb 2025.
• The data reached an all-time high of 28.57 % pa in Jan 1991 and a record low of 0.00 % pa in Oct 2013.
• Short Term Interest Rate is reported by reported by Bureau of the Treasury.

• In the latest reports, Philippines Long Term Interest Rate: Month End: Philippines: Treasury Bond Rate: 10 Years was reported at 6.12 % pa in Feb 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.

Dive into Market Research Intellect's Php Web Frameworks Software Market Report, valued at USD 1.2 billion in 2024, and forecast to reach USD 2.4 billion by 2033, growing at a CAGR of 8.6% from 2026 to 2033.

Dive into Market Research Intellect's Php Web Frameworks Software Market Report, valued at USD 1.2 billion in 2024, and forecast to reach USD 2.4 billion by 2033, growing at a CAGR of 8.6% from 2026 to 2033.