USD to PHP — December 2008

47.3737PHP

for 1 US Dollar on 31 December 2008 · opened the month at 48.9530

3.23% over December 2008

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

Today: 1 USD = 62.2957 PHP (PayerPay indicative rate, includes our margin)

USD to PHP in December 2008 at a glance

1 USD in PHP
Measure	Rate	When
Opened	48.9530 PHP	1 December 2008
Closed	47.3737 PHP	31 December 2008
Highest	49.4211 PHP	2 December 2008
Lowest	46.7022 PHP	18 December 2008
Average	47.9983 PHP	21 trading days
Change	-3.23% PHP	open to close

Day by day

USD to PHP, December 2008▼ 3.23%

1 USD in PHP, day by day
Date	Rate	Day change
1 December 2008	48.9530
2 December 2008	49.4211	+0.96%
3 December 2008	49.2989	-0.25%
4 December 2008	49.4136	+0.23%
5 December 2008	49.0486	-0.74%
8 December 2008	48.5997	-0.92%
9 December 2008	48.5434	-0.12%
10 December 2008	48.3327	-0.43%
11 December 2008	47.7715	-1.16%
12 December 2008	48.1484	+0.79%
15 December 2008	47.6536	-1.03%
16 December 2008	47.5968	-0.12%
17 December 2008	46.9023	-1.46%
18 December 2008	46.7022	-0.43%
19 December 2008	46.9010	+0.43%
22 December 2008	47.3157	+0.88%
23 December 2008	47.4531	+0.29%
24 December 2008	47.5116	+0.12%
29 December 2008	47.4702	-0.09%
30 December 2008	47.5528	+0.17%
31 December 2008	47.3737	-0.38%

← November 2008 · 2008 in full · All USD to PHP history · PHP to USD in December 2008 · January 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

What was the USD to PHP rate in December 2008?

Over December 2008 the European Central Bank reference rate moved from 48.9530 PHP per USD on 1 December 2008 to 47.3737 on 31 December 2008, a change of -3.23%. The average across 21 trading days was 47.9983.

When was USD strongest against PHP in December 2008?

The highest reading was 49.4211 PHP on 2 December 2008; the lowest was 46.7022 on 18 December 2008.

Is this the rate I would have got?

No. These are reference rates published by the European Central Bank for information. PayerPay's indicative rate today is 62.2957 PHP per USD; the exact rate for a transfer is confirmed in your order.

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 = 62.2957 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.