January 3, 2013
In 2012 the Philippine economy remained resilient, as seen in robust macroeconomic fundamentals, despite external threats from a growing recession in the United States and the European region.
July 31, 2012
What would the Peso-Dollar exchange rate be by the end of the year?
If we only knew the answer, no doubt that we would be very, very rich. Imagine being able to accurately hedge currencies. Or to know the correct timing to convert US Dollars to Philippine Peso. Or to be able to invest all your money in the currency that would rise in value. Whew, if we only knew.
We looked at some exchange rate predictions issued by top investment analysts in the country that we can use as guide.
July 10, 2012
The Philippine Peso (PHP) led other Asian currencies in terms of appreciation against the U.S. Dollar in the second half of 2012, rising 4.51% versus the greenback.
The local currency closed at P41.91 against the dollar on increased foreign appetite for the Peso and easing economic concerns. One of the country’s recent economic gains is the upgrade by Standard & Poor’s (S&P) of the Philippines’ long-term foreign currency rating from BB to BB+, just one notch below investment grade.
(See related article: Credit Ratings by S&P, Moody’s, and Fitch Ratings)
Other regional currencies have mixed performance against the U.S. Dollar.
August 5, 2011
Is the Peso going to appreciate or depreciate in value compared to the US Dollar?
That question is surely in the minds of those holding dollars right now, particularly Overseas Filipino Workers (OFW) who earn and remit dollars back to their families in the Philippines.
September 17, 2010
Market analysts are again expecting the Philippine Peso to further appreciate against the US Dollar.
In a GMA News article, London-based investment bank Barclays Capital says it is revising its earlier exchange rate forecast from P42.50=$1 to P40=$1 within the next 12 months.
September 15, 2010
We recognize the need to find the daily closing exchange rates of the Philippine Peso (PHP) versus the US Dollar (USD), and so we present to you this Daily and Monthly Table of the USD-PHP exchange rates, based on data from the Bangko Sentral ng Pilipinas (BSP) and the Philippine Dealing System (PDS).
The exchange rates below are updated daily.
To convert USD to PHP and vice-versa, use this Currency Conversion Tool.
January 12, 2010
In 2009, the Philippine Peso was less volatile against the US Dollar, with the Peso currency appreciating in value only by 2.45%.
September 22, 2009
Click here for the real-time foreign exchange (forex) rate of the Philippine Peso (PhP) versus the US Dollar (US$).
The tool below will show you how much you will receive if you convert your US Dollars to Philippine Peso and vice-versa.
You can also use the tool to convert from and to different currencies such as Euro (EUR), Japan Yen (JPY), United Kingdom Pounds (GBP), Saudi Riyal (SAR), South Korean Won (KRW), United Arab Emirates Dirham (AED), and Chinese Yuan Renminbi (CNY), among others.
December 27, 2008
Past performance is definitely not a guarantee of future results.
In 2007, the Philippine Peso was Asia’s best performing currency, up 18.8% against the US Dollar, closing at P41.28 at the end of the year.
In 2008, this situation has reversed. The peso is now one of the worst performing currencies in Asia, closing at P47.52 to the dollar in December 24, the last trading day of the year. This is a 15% decline from the P41.28 level at the beginning of 2007.
December 15, 2008
Being early doesn’t always mean you’re ahead of the competition.
On the last day of PMT’s Peso-Dollar Exchange Rate Guessing Game, Ryan (ryan.d@agents*******.com) posted Comment #101, one of the few last entries of the game. His guess P48.11 = $1 ultimately won the top prize.