Official exchange rate in Philippines
Philippines: Official exchange rate was 57.51 LCU per US$, period average in 2025. ◆ Volatile
Latest (2025)
57.51 LCU per US$, period average
Change on year
up 0.4%
World rank
79th
of 215 countries
All-time high
57.51 LCU per US$, period average
in 2025
All-time low
2.02 LCU per US$, period average
in 1960
Years of data
66
1960–2025
Official exchange rate in Philippines, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$, period average.
Analysis
In 2025, official exchange rate in Philippines stood at 57.51 LCU per US$, period average. That is the highest value across all 66 years on record.
That represents a change of up 0.4% on the previous year and up 26.4% over ten years.
Over the whole period, official exchange rate in Philippines peaked at 57.51 LCU per US$, period average in 2025 and was at its lowest, 2.02 LCU per US$, period average, in 1960.
That places Philippines 79th out of 215 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Official exchange rate in Philippines, year by year
| Year | LCU per US$, period average | Change |
|---|---|---|
| 1960 | 2.02 LCU per US$, period average | — |
| 1961 | 2.02 LCU per US$, period average | +0.2% |
| 1962 | 3.73 LCU per US$, period average | +84.5% |
| 1963 | 3.91 LCU per US$, period average | +4.9% |
| 1964 | 3.91 LCU per US$, period average | -0.0% |
| 1965 | 3.91 LCU per US$, period average | -0.0% |
| 1966 | 3.9 LCU per US$, period average | -0.2% |
| 1967 | 3.9 LCU per US$, period average | +0.0% |
| 1968 | 3.9 LCU per US$, period average | +0.0% |
| 1969 | 3.9 LCU per US$, period average | +0.0% |
| 1970 | 5.9 LCU per US$, period average | +51.4% |
| 1971 | 6.43 LCU per US$, period average | +8.9% |
| 1972 | 6.67 LCU per US$, period average | +3.8% |
| 1973 | 6.76 LCU per US$, period average | +1.2% |
| 1974 | 6.79 LCU per US$, period average | +0.5% |
| 1975 | 7.25 LCU per US$, period average | +6.8% |
| 1976 | 7.44 LCU per US$, period average | +2.7% |
| 1977 | 7.4 LCU per US$, period average | -0.5% |
| 1978 | 7.37 LCU per US$, period average | -0.5% |
| 1979 | 7.38 LCU per US$, period average | +0.2% |
| 1980 | 7.51 LCU per US$, period average | +1.8% |
| 1981 | 7.9 LCU per US$, period average | +5.2% |
| 1982 | 8.54 LCU per US$, period average | +8.1% |
| 1983 | 11.11 LCU per US$, period average | +30.1% |
| 1984 | 16.7 LCU per US$, period average | +50.3% |
| 1985 | 18.61 LCU per US$, period average | +11.4% |
| 1986 | 20.39 LCU per US$, period average | +9.6% |
| 1987 | 20.57 LCU per US$, period average | +0.9% |
| 1988 | 21.09 LCU per US$, period average | +2.6% |
| 1989 | 21.74 LCU per US$, period average | +3.0% |
| 1990 | 24.31 LCU per US$, period average | +11.8% |
| 1991 | 27.48 LCU per US$, period average | +13.0% |
| 1992 | 25.51 LCU per US$, period average | -7.2% |
| 1993 | 27.12 LCU per US$, period average | +6.3% |
| 1994 | 26.42 LCU per US$, period average | -2.6% |
| 1995 | 25.71 LCU per US$, period average | -2.7% |
| 1996 | 26.22 LCU per US$, period average | +2.0% |
| 1997 | 29.47 LCU per US$, period average | +12.4% |
| 1998 | 40.89 LCU per US$, period average | +38.8% |
| 1999 | 39.09 LCU per US$, period average | -4.4% |
| 2000 | 44.19 LCU per US$, period average | +13.1% |
| 2001 | 50.99 LCU per US$, period average | +15.4% |
| 2002 | 51.6 LCU per US$, period average | +1.2% |
| 2003 | 54.2 LCU per US$, period average | +5.0% |
| 2004 | 56.04 LCU per US$, period average | +3.4% |
| 2005 | 55.09 LCU per US$, period average | -1.7% |
| 2006 | 51.31 LCU per US$, period average | -6.8% |
| 2007 | 46.15 LCU per US$, period average | -10.1% |
| 2008 | 44.32 LCU per US$, period average | -4.0% |
| 2009 | 47.68 LCU per US$, period average | +7.6% |
| 2010 | 45.11 LCU per US$, period average | -5.4% |
| 2011 | 43.31 LCU per US$, period average | -4.0% |
| 2012 | 42.23 LCU per US$, period average | -2.5% |
| 2013 | 42.45 LCU per US$, period average | +0.5% |
| 2014 | 44.4 LCU per US$, period average | +4.6% |
| 2015 | 45.5 LCU per US$, period average | +2.5% |
| 2016 | 47.49 LCU per US$, period average | +4.4% |
| 2017 | 50.4 LCU per US$, period average | +6.1% |
| 2018 | 52.66 LCU per US$, period average | +4.5% |
| 2019 | 51.8 LCU per US$, period average | -1.6% |
| 2020 | 49.62 LCU per US$, period average | -4.2% |
| 2021 | 49.25 LCU per US$, period average | -0.7% |
| 2022 | 54.48 LCU per US$, period average | +10.6% |
| 2023 | 55.63 LCU per US$, period average | +2.1% |
| 2024 | 57.29 LCU per US$, period average | +3.0% |
| 2025 | 57.51 LCU per US$, period average | +0.4% |
Philippines compared with similar countries
- Philippines's 57.51 LCU per US$, period average is above the median for upper middle income countries, which is 17.38 LCU per US$, period average, 3.3× the median. (59 countries reporting)
- Philippines's 57.51 LCU per US$, period average is above the median for East Asia & Pacific, which is 4.2 LCU per US$, period average, 13.7× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Official exchange rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1962 | +84.5% | 2.02 LCU per US$, period average | 3.73 LCU per US$, period average |
| 1970 | +51.4% | 3.9 LCU per US$, period average | 5.9 LCU per US$, period average |
| 1984 | +50.3% | 11.11 LCU per US$, period average | 16.7 LCU per US$, period average |
| 1998 | +38.8% | 29.47 LCU per US$, period average | 40.89 LCU per US$, period average |
| 1983 | +30.1% | 8.54 LCU per US$, period average | 11.11 LCU per US$, period average |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.51 LCU per US$, period average | 2.02 LCU per US$, period average | 3.91 LCU per US$, period average | 10 |
| 1970s | 6.94 LCU per US$, period average | 5.9 LCU per US$, period average | 7.44 LCU per US$, period average | 10 |
| 1980s | 15.42 LCU per US$, period average | 7.51 LCU per US$, period average | 21.74 LCU per US$, period average | 10 |
| 1990s | 29.22 LCU per US$, period average | 24.31 LCU per US$, period average | 40.89 LCU per US$, period average | 10 |
| 2000s | 50.16 LCU per US$, period average | 44.19 LCU per US$, period average | 56.04 LCU per US$, period average | 10 |
| 2010s | 46.53 LCU per US$, period average | 42.23 LCU per US$, period average | 52.66 LCU per US$, period average | 10 |
| 2020s | 53.96 LCU per US$, period average | 49.25 LCU per US$, period average | 57.51 LCU per US$, period average | 6 |
Countries ranked near Philippines
- 76 Gambia 71.29 LCU per US$, period average compare
- 77 Mozambique 63.91 LCU per US$, period average compare
- 78 Dominican Republic 61.99 LCU per US$, period average compare
- 80 North Macedonia 54.66 LCU per US$, period average compare
- 81 Egypt 49.23 LCU per US$, period average compare
- 82 Mauritius 46 LCU per US$, period average compare
More financial sector data for Philippines
- Reserve position in the IMF, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.52 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.52 % change on previous year (2025)
Frequently asked questions
- What is official exchange rate in Philippines?
- Official exchange rate in Philippines was 57.51 LCU per US$, period average in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest official exchange rate recorded in Philippines?
- The highest recorded value was 57.51 LCU per US$, period average in 2025.
- What is the lowest official exchange rate recorded in Philippines?
- The lowest recorded value was 2.02 LCU per US$, period average in 1960.
- How does Philippines rank for official exchange rate?
- Philippines ranks 79th out of 215 countries with data for 2025.
- Is official exchange rate rising or falling in Philippines?
- Over the last ten years it is up 26.4%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Official exchange rate (LCU per US$, period average). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. This indicator represents the ratio of Local Currency Units relative to United States dollars.This indicator is derived as an average over the reference period.