USD to PHP in 2023
Monthly average United States Dollar/Philippine Peso exchange rates in 2023, with the year’s high, low and change.
1 United States Dollar in Philippine Peso, mid-market. 2023 opened at 55.821 and closed at 55.460.
USD to PHP Chart, 2023
USD to PHP by Month, 2023
Monthly average, high and low mid-market rates for 1 United States Dollar in Philippine Peso during 2023.
| Month | Average | High | Low |
|---|---|---|---|
| January 2023 | 54.942 | 55.977 | 54.430 |
| February 2023 | 54.827 | 55.520 | 53.690 |
| March 2023 | 54.722 | 55.360 | 54.160 |
| April 2023 | 55.441 | 56.443 | 54.483 |
| May 2023 | 55.769 | 56.286 | 55.230 |
| June 2023 | 55.792 | 56.224 | 55.220 |
| July 2023 | 54.887 | 55.674 | 54.355 |
| August 2023 | 56.342 | 56.859 | 54.860 |
| September 2023 | 56.782 | 57.040 | 56.540 |
| October 2023 | 56.799 | 57.010 | 56.625 |
| November 2023 | 55.781 | 56.810 | 55.360 |
| December 2023 | 55.574 | 56.080 | 55.305 |
Source: European Central Bank euro foreign exchange reference rates. Averages are over trading days.
USD/PHP in 2023: key facts
In 2023, 1 United States Dollar was worth 55.646 PHP on average. The pair opened 2023 at 55.821 and closed at 55.460 — a change of −0.65%. The 2023 high was 57.040 PHP and the low was 53.690 PHP, based on 255 trading days of European Central Bank euro foreign exchange reference rates.
October had 2023’s highest monthly average at 56.799 PHP per USD; March had the lowest, at 54.722 PHP.
USD/PHP 2023 FAQ
What was the average USD/PHP rate in 2023?
In 2023, 1 USD was worth 55.646 PHP on average, ranging between a low of 53.690 and a high of 57.040 PHP over the year.
Which month had the USD/PHP rate highest and lowest in 2023?
October had the highest average rate in 2023, at 56.799 PHP per USD; March had the lowest, at 54.722 PHP.