USD to PHP — 2008

47.3737PHP

for 1 US Dollar on 31 December 2008 · opened the year at 41.1697

15.07% over 2008

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

Today: 1 USD = 62.2973 PHP (PayerPay indicative rate, includes our margin)

2008 at a glance

1 USD in PHP
Measure	Rate	When
Opened	41.1697 PHP	2 January 2008
Closed	47.3737 PHP	31 December 2008
Highest	50.0399 PHP	20 November 2008
Lowest	40.2200 PHP	27 February 2008
Average	44.4606 PHP	256 trading days
Change	+15.07% PHP	open to close

Month by month

USD to PHP, 2008▲ 15.07%

1 USD in PHP, month by month, 2008
Month	Open	Close	High	Low	Change
January	41.1697	40.5003	41.3599	40.4998	-1.63%
February	40.3351	40.3198	40.9401	40.2200	-0.04%
March	40.5999	41.5602	41.8200	40.4002	+2.37%
April	41.4502	42.2201	42.2549	41.3498	+1.86%
May	42.2002	43.7348	43.8499	42.1850	+3.64%
June	43.3999	44.9550	44.9550	43.3999	+3.58%
July	45.1049	44.1355	45.7850	43.8549	-2.15%
August	44.2276	45.9857	46.0063	43.7718	+3.98%
September	46.2827	47.0531	47.2370	46.2219	+1.66%
October	47.3475	48.7497	49.3981	47.0042	+2.96%
November	48.5182	48.9510	50.0399	47.9487	+0.89%
December	48.9530	47.3737	49.4211	46.7022	-3.23%

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

Sending, not just checking?

Send USD from the United States to Philippines

We pay out in Philippine pesos. The rate above is our indicative rate — our page for this route shows the fee, the payout method and what actually lands in the account.

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Common questions

How did USD to PHP change in 2008?

From 41.1697 PHP per USD on 2 January 2008 to 47.3737 on 31 December 2008: +15.07% over the year, with an average of 44.4606 across 256 trading days.

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

High: 50.0399 on 20 November 2008. Low: 40.2200 on 27 February 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 USD = 62.2973 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.