Exchange rates can vary considerably even within a year and so current rates may differ markedly from those shown here. Some of the data for 2003 refers to rates on May 28 for countries beginning with A-E, and June 2 for countries listed F-Z. Some of the data for the years 1997-2002 refers to the rate on, or close to, January 1 of that year. The data are taken at varying times of the year or maybe the average for the whole year. The exchange rates of advanced economies, such as those of Japan or Hong Kong, against the dollar tend to fluctuate up and down, representing much shorter-term relative economic strengths, rather than move consistently in a particular direction. On Decemthe Official USD to PHP Exchange Rate: Close: 1 USD 55.376 PHP. Say that you have 500 USD and you want to know how much money you would have for a trip to the. If the number consistently increases through time, then it is a strong indication that the economy of the country or countries using that currency are in a less robust state than that of the United States (see e.g., the Turkish lira). Monthly Average Converter Philippine Peso per 1 US Dollar Monthly average. At the time of writing, 1 USD is equivalent to 54.92 PHP. However, it is useful to look at the variation over time of a particular exchange rate. Then all the numbers in the table would be multiplied by one hundred, but it does not mean all the world's currencies just got weaker. dollar could be rebased tomorrow so that 1 new dollar was worth 100 old dollars. The magnitude of the numbers in the list does not indicate, by themselves, the strength or weakness of a particular currency. For example, if there are ¥120 to the dollar and €1.2 to the dollar then the number of yen per euro is 120/1.2 = 100. You can also select a time period to view the exchange rate between USD and PHP. Each days exchange rate includes the opening rate, closing rate, the highest rate, the lowest rate and the change. All exchange rates are displayed in chart and table. The value of a currency relative to a third currency may be obtained by dividing one U.S. View the exchange rate from USD to PHP every day in 2003. An exchange rate between two currencies fluctuates over time. Click in the calculator widget to select USD and PHP as the currencies you want to exchange. UN Operational Rates of Exchange Albania, ALL, Albania Lek(e) Algeria, DZD, Algerian Dinar American Samoa, USD, US Dollar Andorra, EUR, Euro. An exchange rate represents the value of one currency in another. dollar, at present the most widely traded currency in the world. Listed below is a table of historical exchange rates relative to the U.S. You may also have to pay currency conversion fees which mean you end up with a lower PHP amount than. The low was 54.346 Philippine Pesos per US Dollar on Friday, July 14, 2023. The high was 56.872 Philippine Pesos per US Dollar on Tuesday, August 15, 2023. Its worth knowing that the mid-market rate isnt always available from your regular bank or currency exchange service. The chart above shows historical exchange rates from US Dollars to Philippine Pesos from to. That means that if you convert 50 USD to PHP youll get 2,826.35 PHP. Each days exchange rate includes the opening rate, closing rate, the highest rate, the lowest rate and the change. The USD/PHP mid-market exchange rate today is 56.5269. Market Overview 2014 01 January, 2014, 1 MXN 0.067816 USD 31 December, 2014, 1 MXN 0.076612 USD Highest rates in 2014, 1 MXN 0.077839 USD on 29 May. ( Learn how and when to remove this template message) View the exchange rate from USD to PHP every day in 1994.
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