Average FX rate to USD fell 2.64% yoy to 56.3 per USD in Philippines in 2Q2025, according to the National Statistical Office. This is 2.92% less than in the previous quarter.
Historically, Average FX rate to USD in Philippines reached an all time high of 58.1 per USD in 4Q2024 and an all time low of 2.00 per USD in 1Q1957. When compared to Philippines's main peers, Average FX rate to USD in China amounted to 7.23 per USD, 16,524 per USD in Indonesia, 30.8 per USD in Taiwan and 24,957 per USD in Vietnam in 2Q2025.
Philippines has been ranked 44th within the group of 129 countries we follow in terms of Average FX rate to USD, 25 places above the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | 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 | Dec 2024 | Mar 2025 | Jun 2025 |
| Australia | per USD | 1.54 | 1.52 | 1.52 | 1.49 | 1.53 | ||||||||||||||||
| Cambodia | per USD | 4,119 | 4,072 | 4,083 | 4,090 | 4,045 | ... | |||||||||||||||
| China | per USD | 7.23 | 7.19 | 7.24 | 7.16 | 7.19 | ||||||||||||||||
| Hong Kong | per USD | 7.81 | 7.82 | 7.82 | 7.80 | 7.78 | ||||||||||||||||
| India | per USD | 83.3 | 83.0 | 83.4 | 83.8 | 84.5 | ||||||||||||||||
| Indonesia | per USD | 15,624 | 15,660 | 16,171 | 15,799 | 15,792 | ||||||||||||||||
| Japan | per USD | 148 | 149 | 156 | 149 | 152 | ||||||||||||||||
| Laos | per USD | 19,275 | 19,422 | 20,038 | ... | ... | ... | ... | ||||||||||||||
| Malaysia | per USD | 4.70 | 4.72 | 4.73 | 4.45 | 4.40 | ||||||||||||||||
| Philippines | per USD | 56.1 | 56.0 | 57.8 | 57.2 | 58.1 | ||||||||||||||||
| Russia | per USD | 92.8 | 90.8 | 90.6 | ... | ... | ... | ... | ||||||||||||||
| Singapore | per USD | 1.35 | 1.34 | 1.35 | 1.32 | 1.33 | ||||||||||||||||
| Taiwan | per USD | 31.8 | 31.4 | 32.4 | 32.3 | 32.3 | ||||||||||||||||
| Thailand | per USD | 35.7 | 35.7 | 36.7 | 34.8 | 34.0 | ||||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||||||||
| Vietnam | per USD | 23,955 | 23,985 | 24,203 | 24,220 | 24,251 |
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