MXN to PHP — 2008

3.4279PHP

for 1 Mexican Peso on 31 December 2008 · opened the year at 3.7760

9.22% over 2008

European Central Bank reference rate
256 trading days
Reference rate, not an offer

Today: 1 MXN = 3.4619 PHP (PayerPay indicative rate, includes our margin)

2008 at a glance

1 MXN in PHP
Measure	Rate	When
Opened	3.7760 PHP	2 January 2008
Closed	3.4279 PHP	31 December 2008
Highest	4.5188 PHP	26 August 2008
Lowest	3.4279 PHP	31 December 2008
Average	4.0118 PHP	256 trading days
Change	-9.22% PHP	open to close

Month by month

MXN to PHP, 2008▼ 9.22%

1 MXN in PHP, month by month, 2008
Month	Open	Close	High	Low	Change
January	3.7760	3.7386	3.7760	3.7084	-0.99%
February	3.7340	3.7664	3.8137	3.7340	+0.87%
March	3.7887	3.8889	3.9119	3.7706	+2.64%
April	3.8983	4.0105	4.0457	3.8983	+2.88%
May	4.0246	4.2362	4.2527	4.0246	+5.26%
June	4.1950	4.3665	4.3665	4.1950	+4.09%
July	4.3605	4.4061	4.4294	4.3367	+1.05%
August	4.4135	4.4844	4.5188	4.3702	+1.61%
September	4.4924	4.2832	4.4924	4.2832	-4.66%
October	4.3299	3.8461	4.3299	3.4288	-11.17%
November	3.7994	3.6800	3.8342	3.5612	-3.14%
December	3.5758	3.4279	3.6446	3.4279	-4.14%

All MXN to PHP history · PHP to MXN in 2008 · 2009 →

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Common questions

How did MXN to PHP change in 2008?

From 3.7760 PHP per MXN on 2 January 2008 to 3.4279 on 31 December 2008: -9.22% over the year, with an average of 4.0118 across 256 trading days.

What were the high and low of MXN to PHP in 2008?

High: 4.5188 on 26 August 2008. Low: 3.4279 on 31 December 2008.

About these rates

The rates on this page are European Central Bank euro reference rates, converted through the US dollar into a cross rate, one reading per trading day. Days from 28 September 2026 onward come from PayerPay's own daily record. They are reference rates published for information, not an offer to transact — PayerPay's indicative rate today is 1 MXN = 3.4619 PHP, and it includes our margin. The final rate for a transfer is confirmed in your order.

Source: European Central Bank. Corrections: support@payerpay.io.

Who we are

PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.