Philippines Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Philippines's exchange rate was 59.77 in 2025, ranked 73rd globally. This represents a 4.3% increase from 2024. Data from World Bank, covering 1960–2025.
Overview
Philippines's exchange rate stood at 59.77 in 2025, a rise of +2.48 from 2024. Based on recent trends, this figure is projected to reach 59.77 by 2025. Philippines ranked 73rd globally.
The Philippines' exchange rate has demonstrated significant volatility over the past 66 years, with a current value of 59.77, ranking 73rd globally. Notably, the country's exchange rate peaked in 2025 at 59.77, a stark contrast to its all-time low of 2.01 in 1960. This drastic fluctuation indicates a long-term trend of currency devaluation, with periods of relative stability punctuated by episodes of significant depreciation. In comparison, peer countries such as Mozambique, which ranks 54th globally with an exchange rate of 61.50, have also experienced currency devaluation. The Philippines' exchange rate has been influenced by various economic and political factors, including the country's reliance on foreign remittances and its position as a major recipient of foreign aid. A significant shift in the global economy, such as a change in U.S. monetary policy, could potentially alter the trajectory of the Philippines' exchange rate.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 64.11 | - | - |
| 2026* trend | 61.94 | - | - |
| 2025* trend | 59.77 | - | - |
| 2025 | 59.77 | +2.48 | #73 |
| 2024 | 57.29 | +1.66 | #131 |
| 2023 | 55.63 | +1.15 | #131 |
| 2022 | 54.48 | +5.22 | #131 |
| 2021 | 49.25 | −0.37 | #131 |
| 2020 | 49.62 | −2.17 | #130 |
| 2019 | 51.80 | −0.87 | #134 |
| 2018 | 52.66 | +2.26 | #135 |
| 2017 | 50.40 | +2.91 | #134 |
| 2016 | 47.49 | +1.99 | #135 |
| 2015 | 45.50 | +1.11 | #136 |
| 2014 | 44.40 | +1.95 | #137 |
| 2013 | 42.45 | +0.22 | #137 |
| 2012 | 42.23 | −1.08 | #138 |
| 2011 | 43.31 | −1.80 | #139 |
Detected Pattern
Analysis
Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Philippines's exchange rate was 59.77 in 2025. Ranked 73rd globally. This represents a 4.3% increase from the previous year.
Philippines's exchange rate peaked at 59.77 in 2025.
The lowest exchange rate in Philippines was 2.01 in 1960.
Philippines ranks 73rd globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
Philippines's exchange rate is projected to reach 59.77 by 2025 based on trend extrapolation.
The exchange rate of Philippines in 2025 was 59.77. This ranks 73rd in the world.
Cite this page
@misc{historysaid_philippines_exchange-rate,
title = {Philippines Exchange Rate},
url = {https://historysaid.com/philippines/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}