November 8, 1965, the decontrol program was completed and the peso was devalued to P3.90 to a dollar.











On February 21, 1970, the Philippines adopted the floating rate system with the first interbank guiding rate subsequently determined at P5.6282 to US$1.00 on February 24, 1970.









after June 1984, when the peso depreciated by 28.6 percent from P14.002 to P18.002, the peso thereafter settled at P19.97 at the end of 1984 and appreciated by 7 percent to P18.4 in January 1985."

Year 1990:
1990: Php 24.268

Year 2000:

2000: Php 44.1405

• 2007: Php  47.162
• 2006: Php 51.3451
• 2005: Php 55.0984
• 2004: Php 56.0411
• 2003: Php 54.2059
• 2002: Php 51.5762
• 2001: Php 51.002
• 2000: Php 44.1405
• 1995: Â Php 25.7086
• 1990: Php 24.268
• 1985: Php 18.687
• 1980: Php 7.4817
• 1979: Php 7.377