PHP to USD — 2008

0.021109USD

for 1 Philippine Peso on 31 December 2008 · opened the year at 0.024290

13.10% over 2008

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

Today: 1 PHP = 0.015889 USD (PayerPay indicative rate, includes our margin)

2008 at a glance

1 PHP in USD
Measure	Rate	When
Opened	0.024290 USD	2 January 2008
Closed	0.021109 USD	31 December 2008
Highest	0.024863 USD	27 February 2008
Lowest	0.019984 USD	20 November 2008
Average	0.022588 USD	256 trading days
Change	-13.10% USD	open to close

Month by month

PHP to USD, 2008▼ 13.10%

1 PHP in USD, month by month, 2008
Month	Open	Close	High	Low	Change
January	0.024290	0.024691	0.024691	0.024178	+1.65%
February	0.024792	0.024802	0.024863	0.024426	+0.04%
March	0.024631	0.024061	0.024752	0.023912	-2.31%
April	0.024125	0.023685	0.024184	0.023666	-1.82%
May	0.023697	0.022865	0.023705	0.022805	-3.51%
June	0.023042	0.022244	0.023042	0.022244	-3.46%
July	0.022171	0.022657	0.022802	0.021841	+2.20%
August	0.022610	0.021746	0.022846	0.021736	-3.82%
September	0.021606	0.021253	0.021635	0.021170	-1.64%
October	0.021120	0.020513	0.021275	0.020244	-2.88%
November	0.020611	0.020429	0.020856	0.019984	-0.88%
December	0.020428	0.021109	0.021412	0.020234	+3.33%

← 2007 · All PHP to USD history · USD to PHP in 2008 · 2009 →

Receiving money in Philippines?

Transfers to Philippines arrive in Philippine pesos

Money reaches Philippines from the United States and the euro area. See which routes we run, what they cost and how the money lands.

Routes to Philippines

Common questions

How did PHP to USD change in 2008?

From 0.024290 USD per PHP on 2 January 2008 to 0.021109 on 31 December 2008: -13.10% over the year, with an average of 0.022588 across 256 trading days.

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

High: 0.024863 on 27 February 2008. Low: 0.019984 on 20 November 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 PHP = 0.015889 USD, 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.