CROSS RATES OF THE PESO
	in pesos per unit of foreign currency
	period averages
			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.
	1990		24.3105	0.1695		43.6224	20.8060	17.6835	13.4675	19.0141	3.1209	0.9148	0.0348	13.4767	8.9972	0.9547	0.0133	6.4929	33.1081
	1991		27.4786	0.2044		48.6757	23.9564	19.2709	15.8649	21.3959	3.5366	1.0385	0.0382	15.9227	10.0013	1.0820	0.0142	7.3501	37.5644
	1992		25.5125	0.2016		45.1015	21.1465	18.2085	15.6216	18.7665	3.2965	1.0247	0.0334	15.6665	10.0233	1.0088	0.0126	6.8192	35.9307
	1993		27.1199	0.2453		40.7789	21.0228	18.3911	16.7555	18.4058	3.5062	1.0403	0.0342	16.8049	10.5518	1.0766	0.0130	7.2341	37.7832
	1994		26.4172	0.2585		40.4311	19.3607	19.3351	17.2274	19.3013	3.4183	1.0109	0.0328	17.2862	10.0684	1.0542	0.0122	7.0622	37.7821
	1995		25.7144	0.2752	n.a.	40.6134	18.7460	21.8090	18.0872	19.0605	3.3245	0.9812	0.0333	18.1477	10.2718	1.0339	0.0114	6.8729	39.0242
	1996		26.2157	0.2412	n.a.	40.9377	19.2320	21.2312	18.5343	20.5214	3.3897	0.9641	0.0326	18.5983	10.4252	1.0354	0.0112	7.0074	38.0631
	1997		29.4707	0.2434	n.a.	48.3390	21.2686	20.3514	19.7361	21.8056	3.8068	1.0263	0.0314	19.7974	10.5341	0.9684	0.0105	7.8597	40.5287
	1998		40.8931	0.3136	n.a.	67.7738	27.5829	28.2765	24.4066	25.6919	5.2790	1.2235	0.0294	24.4744	10.4582	0.9981	0.0042	10.9020	55.4620
	1999		39.0890	0.3454	41.7205	63.2712	26.3288	26.0685	23.0168	25.2128	5.0337	1.2146	0.0329	23.0852	10.2879	1.0340	0.0051	10.4229	53.4692
	2000		44.1938	0.4101	40.7246	66.8438	29.7425	26.1717	25.5510	25.6075	5.6715	1.4175	0.0391	25.6243	11.6296	1.0997	0.0053	11.7838	58.2303
	2001	Ave	50.9927	0.4204	45.6939	73.4748	32.9472	30.2608	28.4043	26.3777	6.5404	1.5123	0.0397	28.4775	13.4208	1.1472	0.0050	13.5995	64.9260
	2002	Ave	51.6036	0.4129	48.8125	77.5915	32.8804	33.2722	28.7500	28.0522	6.6174	1.5101	0.0424	28.8364	13.6979	1.2006	0.0056	13.7621	67.9656
	2003		54.2033	0.4684	61.3506	88.6387	39.3975	40.3415	31.0349	35.3419	6.9610	1.5800	0.0456	31.1237	14.2659	1.3070	0.0063	14.4542	75.9277
	2004	Ave	56.0399	0.5184	69.6852	102.6979	43.1361	45.1489	33.0628	41.3911	7.1955	1.6820	0.0490	33.1644	14.7489	1.3932	0.0063	14.9438	82.9977
	2005	Ave	55.0855	0.5015	68.6102	100.2974	45.4988	44.3124	33.0098	41.9921	7.0830	1.7161	0.0538	33.1090	14.5482	1.3697	0.0057	14.6891	81.3908
	2006	Ave	51.3143	0.4414	64.4473	94.5112	45.2609	40.9739	32.2006	38.6356	6.6060	1.5793	0.0538	32.3020	13.9972	1.3542	0.0056	13.6836	75.5338
	2007	Ave	46.1484	0.3919	63.1489	92.3479	43.0173	38.4496	30.5111	38.5971	5.9149	1.4047	0.0497	30.6124	13.4272	1.4331	0.0051	12.3179	70.5869
		January	48.9143	0.4065	63.5771	95.8111	41.6321	39.3756	31.7179	38.3072	6.2725	1.4942	0.0523	31.8211	13.9459	1.3873	0.0054	13.0440	73.1269
		February	48.3814	0.4015	63.2780	94.7725	41.3271	39.0305	31.4523	37.8359	6.1939	1.4677	0.0517	31.5548	13.8438	1.4295	0.0053	12.9020	72.3995
		March	48.5172	0.4136	64.2540	94.4978	41.4933	39.8396	31.7192	38.4226	6.2098	1.4700	0.0515	31.8232	13.9001	1.4869	0.0053	12.9405	73.1279
		April	47.8224	0.4023	64.6526	95.1116	42.1660	39.4585	31.4680	39.5728	6.1195	1.4431	0.0514	31.5719	13.9198	1.4759	0.0053	12.7526	72.6994
		May	46.8141	0.3875	63.2659	92.8791	42.7499	38.3245	30.6438	38.5954	5.9870	1.4069	0.0505	30.7444	13.7642	1.4260	0.0053	12.4832	71.0755
		June	46.1602	0.3765	61.9562	91.7086	43.3150	37.4446	29.9478	38.8230	5.9077	1.3996	0.0497	30.0453	13.4189	1.4291	0.0051	12.3088	69.7659
		July	45.6251	0.3751	62.5667	92.7695	43.4067	37.7608	29.9866	39.5319	5.8353	1.3911	0.0497	30.0855	13.2708	1.4972	0.0050	12.1662	69.7175
		August	46.0737	0.3936	62.7822	92.7444	43.5070	38.2991	30.1795	38.3617	5.8936	1.3984	0.0494	30.2786	13.2484	1.4677	0.0049	12.2848	70.4771
		September	46.1315	0.4007	64.0563	93.1168	44.8363	38.8688	30.3986	38.8451	5.9266	1.3966	0.0496	30.4991	13.2751	1.4403	0.0049	12.3137	71.1562
		October	44.3803	0.3830	63.0922	90.7106	45.3861	37.7837	30.1333	39.7530	5.7226	1.3627	0.0485	30.2360	13.1397	1.4079	0.0049	11.8696	69.1204
		November	43.2176	0.3902	63.5045	89.5467	44.8010	38.5646	29.7776	38.6827	5.5563	1.3369	0.0471	29.8806	12.8856	1.3772	0.0047	11.5950	68.5765
		December	41.7429	0.3721	60.8011	84.5059	41.5872	36.6449	28.7090	36.4336	5.3535	1.2890	0.0449	28.8081	12.5145	1.3720	0.0045	11.1548	65.7996
	2008	Ave	42.4028	0.4031	65.2252	83.8313	42.0932	40.5653	30.5719	39.4580	5.4381	1.3736	0.0428	30.6825	13.1587	1.3177	0.0046	11.3092	68.5324
		January	40.9381	0.3794	60.2229	80.6191	40.5200	37.1439	28.4982	36.0445	5.2452	1.2652	0.0435	28.5977	12.5225	1.3241	0.0044	10.9184	64.8243
		February	40.6711	0.3793	59.9526	79.8763	40.6790	37.2736	28.7026	37.0259	5.2160	1.2834	0.0431	28.8042	12.6119	1.2462	0.0044	10.8481	64.4651
		March	41.2524	0.4080	63.9347	82.6259	41.2956	40.6703	29.6983	38.1629	5.3011	1.3487	0.0423	29.8056	12.9528	1.3114	0.0045	11.0085	67.2461
		April	41.8196	0.4078	65.9431	82.8476	41.2532	41.3067	30.5647	38.8830	5.3681	1.3780	0.0424	30.6768	13.2289	1.3254	0.0046	11.1505	68.4797
		May	42.9020	0.4116	66.7637	84.3039	42.9183	41.0905	31.3090	40.7345	5.5010	1.4028	0.0414	31.4236	13.3520	1.3383	0.0046	11.4395	69.6832
		June	44.2806	0.4142	68.8648	87.0966	43.6120	42.6721	32.2597	42.0844	5.6717	1.4579	0.0430	32.3776	13.6069	1.3360	0.0048	11.8083	71.6635
		July	44.9563	0.4211	70.8947	89.4501	44.3744	43.8001	32.9707	43.2706	5.7638	1.4795	0.0442	33.0921	13.8360	1.3428	0.0049	11.9911	73.3647
		August
		September
		October
		November
		December
n.a. - not available
Source:   Reference Exchange Rate Bulletin, Treasury Department, Bangko Sentral ng Pilipinas