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  • Revised Trading Hours


    Please be advised that the trading hours for the USD/PHP FX Spot, USD/PHP FX Swaps, and PHP Interest Rate Swap Market will follow a new schedule:   Effective on December 6, 2021   USD/PHP FX Spot 9:00 AM to 12:00 NN & 1:00...

  • 5 ways to protect yourself from investment scams


    Many Filipinos are encouraged to start investing in banks through mutual funds, Variable Universal Life (VUL) insurance, and Unit Investment Trust Funds (UITFs) to be able to grow their money in the next few years. Others are enticed to invest in...

  • PHIREF Updates for November 22, 2021


    On FAQs and the letter on PHIREF fallback implementation methodology: The Bankers Association of the Philippines is providing additional documents on updates related to the planned cessation of the Philippine Interbank Reference Rate...

  • Available Courses for November 2021


      For November 2021, the BAP Portal offers these training courses that will be held online. MALASAKIT in the WORKPLACE: Work Attitude & Values Enhancement (WAVE) This one-day workshop aims to inform how the impact of work...

  • BAP Important Notice on PHIREF Fallback dated October 29, 2021


    The Bankers Association of the Philippines informs the public on its final decision regarding changes involving the Philippine Interbank Reference Rate (“PHIREF”). This decision was made in connection with the cessation of the USD London...

  • The benefits of using a VPN


    Halloween is just around the corner, a time when we think of ghosts and other supernatural entities that come to life to spookily torment us. But when it comes to cybercrime, one can imagine everyday feels like Halloween. Cybercriminals do not...

BAP Spot USD/PHP Today Previous
Date December 07, 2021 December 06, 2021
Open Time 09:01:12 09:08:57
Open 50.35 50.43
High 50.4 50.44
Low 50.23 50.32
Close 50.375 50.41
BAP AM Weighted Average 50.3 50.359
AM Volume 547.85 346.7
BAP PM Weighted Average 50.308 50.381
PM Volume 396.5 344.14
BAP Weighted Average 50.303 50.37
Total Volume 944.35 690.84
FX Settlement Rate 50.3 50.359
Updates every 15 minutes (December 9, 2021 5:08:am)

Foreign Exchange Summary

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1 US Dollar equals

50.375 Philippine Peso

Chart of exchange rate values over time

Foreign Exchange Rates

Closing as of Today

Philippine Interest Rates

Derivatives Rates


The Philippine Interbank Reference Rate (“PHIREF”) is solely owned and calculated by Bloomberg Finance L.P. and/or its affiliates (“Bloomberg”), under an agreement with the Bankers Association of the Philippines (“BAP”). PHIREF provided on this website is solely for internal business or personal use.