Official exchange rate, LCU per USD, period average in Philippines

Philippines: Official exchange rate, LCU per USD, period average was 58.93 in 2026. ▲ Rising

Latest (2026)
58.93
Change on year
up 2.5%
World rank
86th
of 193 countries
All-time high
58.93
in 2026
All-time low
20.19
in 1987
Years of data
40
1987–2026

Official exchange rate, LCU per USD, period average in Philippines, 1987–2026

20304050601987200620261987: 20.21988: 20.71989: 21.31990: 23.91991: 271992: 25.21993: 271994: 26.31995: 25.71996: 26.21997: 29.61998: 40.81999: 39.12000: 44.32001: 512002: 51.62003: 54.22004: 562005: 552006: 51.32007: 46.12008: 44.52009: 47.62010: 45.12011: 43.32012: 42.22013: 42.52014: 44.42015: 45.52016: 47.52017: 50.42018: 52.72019: 51.82020: 49.62021: 49.32022: 54.52023: 55.62024: 57.32025: 57.52026: 58.9

Source: World Bank staff calculations based on Datastream and IMF International Finance Statistics data.

Analysis

In 2026, official exchange rate, lcu per usd, period average in Philippines stood at 58.93. That is the highest value across all 40 years on record.

That represents a change of up 2.5% on the previous year and up 24.1% over ten years.

Over the whole period, official exchange rate, lcu per usd, period average in Philippines peaked at 58.93 in 2026 and was at its lowest, 20.19, in 1987.

Philippines ranks 86th of 193 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 40 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 20.75 20.19 21.34 3
1990s 29.07 23.87 40.76 10
2000s 50.16 44.26 56.05 10
2010s 46.54 42.21 52.7 10
2020s 54.67 49.27 58.93 7

Countries ranked near Philippines

  1. 83 Gambia 72.78 compare
  2. 84 Mozambique 63.57 compare
  3. 85 Dominican Republic 61.79 compare
  4. 87 North Macedonia 52.63 compare
  5. 88 Egypt 48.71 compare
  6. 89 Mauritius 46.27 compare

See the full ranking of 194 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is official exchange rate, lcu per usd, period average in Philippines?
Official exchange rate, lcu per usd, period average in Philippines was 58.93 in 2026, according to World Bank staff calculations based on Datastream and IMF International Finance Statistics data.
What is the highest official exchange rate, lcu per usd, period average recorded in Philippines?
The highest recorded value was 58.93 in 2026.
What is the lowest official exchange rate, lcu per usd, period average recorded in Philippines?
The lowest recorded value was 20.19 in 1987.
How does Philippines rank for official exchange rate, lcu per usd, period average?
Philippines ranks 86th out of 193 countries with data for 2026.
Is official exchange rate, lcu per usd, period average rising or falling in Philippines?
Over the last ten years it is up 24.1%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as part of Official exchange rate, LCU per USD, period average. Statizoid updates them automatically from the source API.

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About this data

Indicator
Official exchange rate, LCU per USD, period average
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
194 places, 7,533 data points, 1987–2026
Last refreshed

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).