From 2013 to 2015, over 1,200 cyber crimes were reported to the Philippine National Police Anti-Cybercrime Group (PNP ACG). Of these, 127 (or around 10%) were complaints about cyber identity theft. Cyber identity theft happens when a victim’s...
Dear Fellow Bankers, In the last two weeks, since the introduction of the Enhanced Community Quarantine (“ECQ”) in response to COVID-19, our member banks have taken extraordinary steps to continue to serve banking customers. At the same...
Dear Fellow Bankers, Stand by your posts! There is a reason that the banking industry was carved out of the Enhanced Community Quarantine Program. The banking industry must continue to operate even under the most difficult of...
As the saying goes, there is no such thing as a free lunch. While of course this saying shouldn’t be taken literally, it simply reminds us of the reality that usually, when someone offers something for “free”, there is usually a...
Multi-Factor Authentication (MFA) sounds like a complicated term to understand, but it’s something you’re probably already doing every time you try to log into your bank account online or sign-up for a new account. MFA’s primary...
Among existing insurance products, cyber insurance is a lesser known type of policy, since it only began to exist after the Internet boomed in the early 2000s. It began gaining traction in 2005, which makes it much newer than its more ubiquitous...
| BAP Spot USD/PHP | Today | Previous |
|---|---|---|
| Date | May 14, 2021 | May 13, 2021 |
| Open Time | 09:01:20 | 09:01:47 |
| Open | 47.83 | - |
| High | 47.87 | - |
| Low | 47.775 | - |
| Close | 47.81 | - |
| BAP AM Weighted Average | 47.84 | - |
| AM Volume | 319.1 | - |
| BAP PM Weighted Average | 47.81 | - |
| PM Volume | 315.2 | - |
| BAP Weighted Average | 47.825 | - |
| Total Volume | 634.3 | - |
| FX Settlement Rate | 47.84 | - |

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.
