Official exchange rate, LCU per USD, period average in Philippines
Philippines: Official exchange rate, LCU per USD, period average was 60.36 in 2026. ▲ Rising
Official exchange rate, LCU per USD, period average in Philippines, 1987–2026
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 60.36. That is the highest value across all 40 years on record.
That represents a change of up 4.9% on the previous year and up 27.1% over ten years.
Over the whole period, official exchange rate, lcu per usd, period average in Philippines peaked at 60.36 in 2026 and was at its lowest, 20.19, in 1987.
Philippines ranks 87th of 195 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.
Official exchange rate, LCU per USD, period average in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1987 | 20.19 | — |
| 1988 | 20.71 | +2.6% |
| 1989 | 21.34 | +3.0% |
| 1990 | 23.87 | +11.8% |
| 1991 | 26.96 | +13.0% |
| 1992 | 25.19 | -6.6% |
| 1993 | 27.03 | +7.3% |
| 1994 | 26.32 | -2.6% |
| 1995 | 25.68 | -2.4% |
| 1996 | 26.2 | +2.1% |
| 1997 | 29.57 | +12.8% |
| 1998 | 40.76 | +37.8% |
| 1999 | 39.09 | -4.1% |
| 2000 | 44.26 | +13.2% |
| 2001 | 50.96 | +15.1% |
| 2002 | 51.61 | +1.3% |
| 2003 | 54.22 | +5.1% |
| 2004 | 56.05 | +3.4% |
| 2005 | 55.04 | -1.8% |
| 2006 | 51.26 | -6.9% |
| 2007 | 46.11 | -10.0% |
| 2008 | 44.48 | -3.6% |
| 2009 | 47.63 | +7.1% |
| 2010 | 45.09 | -5.3% |
| 2011 | 43.31 | -4.0% |
| 2012 | 42.21 | -2.5% |
| 2013 | 42.46 | +0.6% |
| 2014 | 44.4 | +4.6% |
| 2015 | 45.52 | +2.5% |
| 2016 | 47.5 | +4.4% |
| 2017 | 50.42 | +6.1% |
| 2018 | 52.7 | +4.5% |
| 2019 | 51.79 | -1.7% |
| 2020 | 49.6 | -4.2% |
| 2021 | 49.27 | -0.7% |
| 2022 | 54.5 | +10.6% |
| 2023 | 55.63 | +2.1% |
| 2024 | 57.28 | +3.0% |
| 2025 | 57.52 | +0.4% |
| 2026 | 60.36 | +4.9% |
Philippines compared with similar countries
- Philippines's 60.36 is above the median for upper middle income countries, which is 28.19, 2.1× the median. (54 countries reporting)
- Philippines's 60.36 is above the median for East Asia & Pacific, which is 8.06, 7.5× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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 | 54.88 | 49.27 | 60.36 | 7 |
Countries ranked near Philippines
- 84 Afghanistan 77.34 compare
- 85 Gambia 73.04 compare
- 86 Mozambique 63.57 compare
- 88 Dominican Republic 59.97 compare
- 89 North Macedonia 53 compare
- 90 Egypt 50.46 compare
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
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 60.36 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 60.36 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 87th out of 195 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 27.1%. 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
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).