PHP to USD in 2023
Monthly average Philippine Peso/United States Dollar exchange rates in 2023, with the year’s high, low and change.
1 Philippine Peso in United States Dollar, mid-market. 2023 opened at 0.017914 and closed at 0.018031.
PHP to USD Chart, 2023
PHP to USD by Month, 2023
Monthly average, high and low mid-market rates for 1 Philippine Peso in United States Dollar during 2023.
| Month | Average | High | Low |
|---|---|---|---|
| January 2023 | 0.018203 | 0.018372 | 0.017864 |
| February 2023 | 0.018241 | 0.018625 | 0.018011 |
| March 2023 | 0.018275 | 0.018464 | 0.018064 |
| April 2023 | 0.018039 | 0.018354 | 0.017717 |
| May 2023 | 0.017932 | 0.018106 | 0.017766 |
| June 2023 | 0.017924 | 0.018109 | 0.017786 |
| July 2023 | 0.018220 | 0.018397 | 0.017962 |
| August 2023 | 0.017750 | 0.018228 | 0.017587 |
| September 2023 | 0.017611 | 0.017687 | 0.017531 |
| October 2023 | 0.017606 | 0.017660 | 0.017541 |
| November 2023 | 0.017928 | 0.018064 | 0.017602 |
| December 2023 | 0.017994 | 0.018082 | 0.017832 |
Source: European Central Bank euro foreign exchange reference rates. Averages are over trading days.
PHP/USD in 2023: key facts
In 2023, 1 Philippine Peso was worth 0.017975 USD on average. The pair opened 2023 at 0.017914 and closed at 0.018031 — a change of +0.65%. The 2023 high was 0.018625 USD and the low was 0.017531 USD, based on 255 trading days of European Central Bank euro foreign exchange reference rates.
March had 2023’s highest monthly average at 0.018275 USD per PHP; October had the lowest, at 0.017606 USD.
PHP/USD 2023 FAQ
What was the average PHP/USD rate in 2023?
In 2023, 1 PHP was worth 0.017975 USD on average, ranging between a low of 0.017531 and a high of 0.018625 USD over the year.
Which month had the PHP/USD rate highest and lowest in 2023?
March had the highest average rate in 2023, at 0.018275 USD per PHP; October had the lowest, at 0.017606 USD.