CROSS RATES OF THE PESO
	in pesos per unit of foreign currency
	end-of-period
			US	Japanese	EURO	Pound	Canadian	Swiss	Brunei	Australian	Hongkong	N T	S. Korean	Singapore	Malaysian	Thai	Indonesian	Saudi
	Period		Dollar	Yen	Dollar	Sterling	Dollar	Franc	Dollar	Dollar	Dollar	Dollar	Won	Dollar	Ringgit	Baht	Rupiah	Rial	S.D.R.
	1995	Dec	26.2140	0.2556	n.a.	40.5792	19.2516	22.6960	18.4992	19.5399	3.3909	0.9694	0.0338	18.5647	10.3204	1.0433	0.0114	6.9987	38.9894
	1996	Dec	26.2880	0.2288	n.a.	44.0192	19.2796	19.5740	18.7406	20.9147	3.3981	0.9646	0.0312	18.8038	10.4005	1.0304	0.0111	7.0267	37.7364
	1997	Dec	39.9750	0.3066	n.a.	67.1020	27.8513	27.8960	23.8799	26.2036	5.1591	1.2300	0.0267	23.9515	10.4224	0.8903	0.0078	10.6583	54.1829
	1998	Dec	39.0590	0.3368	n.a.	65.4434	25.1783	28.5477	23.5012	23.6894	5.0427	1.2126	0.0323	23.5721	10.2790	1.0643	0.0050	10.4143	54.7834
	1999	Dec	40.3130	0.3938	40.5952	65.1055	27.8021	25.2936	24.1468	26.0134	5.1865	1.2838	0.0353	24.2193	10.6090	1.0750	0.0057	10.7501	55.3236
	2000	Dec	49.9980	0.4368	46.4931	74.7470	33.3276	30.5873	28.8007	27.6095	6.4112	1.5105	0.0399	28.8839	13.1591	1.1585	0.0052	13.3328	65.1144
	2001	Dec	51.4040	0.3904	45.3949	74.7106	32.1858	30.6177	27.7335	26.0669	6.5926	1.4674	0.0390	27.7335	13.5274	1.1619	0.0049	13.7074	64.4848
	2002	Dec	53.0960	0.4428	55.1136	85.0120	34.0840	37.8635	30.4572	29.8560	6.8085	1.5293	0.0442	30.5448	13.9745	1.2348	0.0060	14.1590	71.7008
	2003	Dec	55.5690	0.5188	69.3779	98.5183	42.3996	44.4623	32.5574	41.2325	7.1588	1.6363	0.0464	32.6531	14.6254	1.4040	0.0066	14.8184	82.2588
	2004	Dec	56.2670	0.5460	76.6019	108.4828	46.2190	49.6488	34.3050	43.7978	7.2387	1.7570	0.0540	34.4099	14.8091	1.4411	0.0060	15.0042	87.2639
	2005	Dec	53.0670	0.4503	62.8207	91.0842	45.5471	40.3000	31.7557	38.7747	6.8453	1.6052	0.0524	31.8510	14.0415	1.2959	0.0054	14.1497	76.1363
	2006	Jan	52.3360	0.4450	63.2690	92.5562	45.6445	40.6651	32.0470	39.2001	6.7472	1.6388	0.0539	32.1455	13.9581	1.3382	0.0056	13.9567	75.5528
		Feb	52.0880	0.4483	61.7243	90.6227	45.6912	39.3860	32.0167	38.4300	6.7138	1.6076	0.0538	32.1154	14.0316	1.3288	0.0056	13.8883	74.6697
		Mar	51.2840	0.4371	62.4229	89.6290	44.2791	39.5649	31.5885	36.6027	6.6091	1.5759	0.0526	31.6861	13.8981	1.3206	0.0056	13.6743	73.8808
		Apr	51.8260	0.4542	64.9483	93.3905	46.1537	41.1350	32.6360	39.2205	6.6834	1.6259	0.0549	32.7391	14.2771	1.3820	0.0059	13.8188	75.8349
		May	52.6540	0.4695	67.7552	99.2107	47.9065	43.4690	33.2601	40.2000	6.7875	1.6408	0.0557	33.3654	14.5574	1.3809	0.0057	14.0403	78.6451
		Jun	53.5870	0.4652	67.7822	97.8820	48.2461	43.2851	33.5758	39.1947	6.8991	1.6488	0.0558	33.6814	14.5419	1.3942	0.0057	14.2925	78.6255
		Jul	51.6240	0.4502	65.8825	96.2065	45.6203	41.8890	32.6115	39.5647	6.6432	1.5741	0.0542	32.7149	14.0895	1.3614	0.0057	13.7661	76.3158
		Aug	50.9370	0.4350	65.3725	97.0299	45.9264	41.4932	32.2693	38.9367	6.5494	1.5482	0.0530	32.3718	13.8453	1.3552	0.0056	13.5821	75.7133
		Sep	50.3870	0.4302	63.9361	95.4279	45.2388	40.5235	31.6045	37.8650	6.4706	1.5301	0.0534	31.7039	13.6958	1.3437	0.0054	13.4362	74.6559
		Oct	49.8050	0.4241	63.4067	94.7490	44.2357	39.9142	31.8202	38.2762	6.4059	1.4992	0.0527	31.9222	13.6789	1.3571	0.0055	13.2817	73.8180
		Nov	49.7630	0.4276	65.4433	96.8438	43.7515	41.1332	32.1300	39.0084	6.4002	1.5326	0.0535	32.2341	13.7277	1.3812	0.0054	13.2694	74.9421
	2006	Dec	49.1320	0.4131	64.6037	96.4559	42.3442	40.2161	31.9184	38.7049	6.3218	1.5047	0.0529	32.0224	13.9145	1.3713	0.0055	13.1019	73.8533
	2007	January	49.0270	0.4032	63.5684	96.2302	41.5413	39.1621	31.7965	37.8499	6.2777	1.4871	0.0520	31.8999	14.0025	1.4314	0.0054	13.0725	73.1306
		February	48.2870	0.4095	63.9465	94.6811	41.3806	39.6445	31.5128	38.2623	6.1796	1.4657	0.0515	31.6159	13.8200	1.4181	0.0053	12.8765	72.6912
		March	48.2620	0.4093	64.3574	94.7093	41.6627	39.6533	31.7138	38.9681	6.1771	1.4601	0.0514	31.8183	13.9788	1.5035	0.0053	12.8706	72.9382
		April	47.5100	0.3976	64.8749	94.9535	42.5831	39.4241	31.2360	39.4176	6.0748	1.4283	0.0511	31.3391	13.8918	1.4485	0.0052	12.6686	72.3959
		May	46.2690	0.3803	62.1670	91.4322	43.0971	37.7706	30.1584	38.0158	5.9286	1.4032	0.0497	30.2570	13.6085	1.4158	0.0052	12.3381	70.0807
		June	46.3290	0.3762	62.2708	92.7599	43.8099	37.6200	30.0798	39.1987	5.9271	1.4109	0.0500	30.1778	13.3705	1.4708	0.0051	12.3534	70.1897
		July	45.6110	0.3830	62.4597	92.3486	42.7309	37.8892	30.0507	38.8476	5.8293	1.3897	0.0498	30.1501	13.1824	1.5409	0.0050	12.1629	69.6505
		August	46.6950	0.4030	63.6359	93.9643	44.1310	38.7768	30.5595	38.2214	5.9877	1.4129	0.0496	30.6599	13.3338	1.4479	0.0049	12.4500	71.7128
		September	45.0630	0.3898	63.7687	91.3427	44.9910	38.4038	30.1405	39.5984	5.8075	1.3689	0.0490	30.2416	13.1956	1.4261	0.0049	12.0518	70.0423
		October	43.9470	0.3834	63.4551	90.9132	46.1531	37.9377	30.2020	40.4185	5.6706	1.3563	0.0485	30.3062	13.1499	1.3974	0.0048	11.7502	68.7941
		November	42.7980	0.3887	63.4823	89.0883	43.4497	38.5047	29.5525	37.7774	5.4981	1.3247	0.0460	29.6549	12.6621	1.3896	0.0045	11.5359	68.1345
		December	41.4010	0.3642	60.5572	82.6405	42.2158	36.3326	28.4641	36.3039	5.3078	1.2730	0.0441	28.5623	12.4253	1.3893	0.0044	11.0462	64.8865
	2008	January	40.6500	0.3819	60.4994	80.9423	40.9654	37.5693	28.5704	36.1462	5.2093	1.2623	0.0430	28.6712	12.5715	1.2305	0.0044	10.8414	64.7797
		February	40.3600	0.3832	61.4158	80.4012	41.3991	38.4418	28.8450	38.1980	5.1860	1.3065	0.0431	28.9485	12.6125	1.2617	0.0044	10.7857	64.9041
		March	41.8680	0.4219	66.1473	83.4806	40.9868	42.0657	30.2427	38.3828	5.3810	1.3778	0.0424	30.3523	13.1042	1.3323	0.0046	11.1615	68.8024
		April	42.1920	0.4055	65.6761	83.1014	41.6958	40.6631	30.8782	39.4060	5.4150	1.3881	0.0421	30.9916	13.3943	1.3323	0.0046	11.2488	68.5165
		May	43.8820	0.4157	68.0390	86.6845	44.4105	41.8003	32.0143	41.9602	5.6225	1.4413	0.0426	32.1315	13.5021	1.3519	0.0047	11.7006	71.3480
		June	44.7560	0.4220	70.6742	89.2793	44.2822	43.9646	32.7212	43.0346	5.7370	1.4735	0.0430	32.8412	13.7288	1.3356	0.0049	11.9365	73.0209
		July	44.1400	0.4084	68.7613	87.4987	43.1392	42.1183	32.1697	41.6023	5.6565	1.4470	0.0436	32.2873	13.5316	1.3188	0.0049	11.7707	71.5429
		August
		September
		October
		November
		December
n.a. - not available
Source:   Reference Exchange Rate Bulletin, Treasury Department, Bangko Sentral ng Pilipinas