36.2	CROSS RATES OF THE PESO
	in pesos per unit of foreign currency
	end-of-period
			US	Japanese		Pound	Canadian	Swiss	Brunei	Australian	Hongkong	N T	S. Korean	Singapore	Malaysian	Thai	Indonesian	Saudi
	Period		Dollar	Yen	Euro	Sterling	Dollar	Franc	Dollar	Dollar	Dollar	Dollar	Won	Dollar	Ringgit	Baht	Rupiah	Rial	S.D.R.
	1997	Jan	39.9750	0.2162	n.a.	42.4928	27.8513	18.5119	n.a.	20.1636	3.4001	0.9607	0.0305	18.7226	10.5992	1.0142	0.0110	7.0233	36.7306
	1998	Jan	39.0590	0.3369	n.a.	69.5524	25.1783	28.8072	n.a.	28.6904	5.4827	1.2547	0.0251	24.6427	9.7259	0.7898	0.0041	11.3081	57.3621
	1999	Jan	40.3130	0.3329	44.2380	63.8831	27.8021	27.4355	22.8554	24.2375	4.9967	1.1994	0.0330	22.9230	10.1892	1.0492	0.0043	10.3234	53.9003
	2000	Jan	49.9980	0.3770	39.3843	65.4278	27.9342	24.4743	23.5441	25.5746	5.1918	1.3199	0.0361	23.6130	10.6304	1.0753	0.0055	10.7692	54.9046
	2001	Jan	51.4040	0.4264	45.8000	72.2996	32.8931	30.0194	28.2112	26.9893	6.3355	1.5334	0.0391	28.3325	13.0049	1.1580	0.0052	13.1755	63.8057
	2002	Jan	53.0960	0.3853	44.1353	72.4750	32.2526	29.9614	27.8494	25.9246	6.5649	1.4675	0.0394	27.9070	13.4740	1.1655	0.0050	13.6536	63.6915
	2003	Jan	55.5690	0.4521	63.5684	89.0589	35.2111	39.6894	30.8977	31.5481	6.8976	1.5572	0.0463	30.9867	14.1595	1.2585	0.0061	14.3472	73.8483
	2004	Jan	56.2670	0.5293	69.6127	101.8672	42.2009	44.5437	32.8271	42.6632	7.2140	1.6857	0.0478	32.9234	14.7612	1.4297	0.0067	14.9560	83.4186
	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	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	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	December	47.4850	0.5221	66.2463	70.0879	39.0566	43.6644	32.6178	32.2194	6.1273	1.4384	0.0357	32.7302	13.6923	1.3732	0.0044	12.6556	73.2822
	2009	December	46.3560	0.5059	66.6646	74.1881	44.4747	44.8101	32.8812	41.1395	5.9772	1.4361	0.0397	32.9983	13.5247	1.3887	0.0049	12.3590	72.6508
	2010	January	46.7430	0.5200	65.3000	75.4152	43.8613	44.4325	33.1816	41.8882	6.0175	1.4621	0.0407	33.2999	13.6996	1.4143	0.0050	12.4648	72.5366
		February	46.2580	0.5194	62.6750	70.6221	43.6355	42.8394	32.7351	40.7919	5.9581	1.4411	0.0397	32.8514	13.5893	1.4000	0.0049	12.3361	70.7456
		March	45.2200	0.4873	60.6626	68.1375	44.3507	42.4043	32.1965	41.5015	5.8239	1.4224	0.0400	32.3115	13.8406	1.3992	0.0050	12.0587	68.8352
		April	44.6440	0.4747	59.0863	68.4169	44.4617	41.1959	32.4825	41.3792	5.7503	1.4245	0.0400	32.6011	13.9950	1.3835	0.0050	11.9048	67.3478
		May	46.2120	0.5086	56.6975	66.8364	43.8902	39.8826	32.7303	37.6810	5.9241	1.4329	0.0370	32.8467	13.7454	1.4201	0.0049	12.3229	68.1140
		June	46.3100	0.5181	56.8594	69.9790	44.7440	42.6035	33.2998	40.3731	5.9499	1.4451	0.0385	33.4199	14.3730	1.4320	0.0051	12.3483	68.6534
		July	45.8130	0.5269	59.8959	71.4958	44.2125	43.9917	33.5037	41.2134	5.8996	1.4337	0.0387	33.6267	14.3659	1.4210	0.0051	12.2171	69.6155
		August	45.1790	0.5346	57.2192	69.8422	42.6579	44.0427	33.2052	40.3042	5.8079	1.4109	0.0380	33.3277	14.3892	1.4453	0.0050	12.0474	68.2127
		September	43.8960	0.5247	59.8390	69.2898	42.5102	44.9248	33.2445	42.5264	5.6582	1.3994	0.0385	33.3708	14.2335	1.4421	0.0049	11.7056	68.1447
		October	43.1820	0.5330	60.1525	68.8235	42.2731	43.9243	33.1940	42.2493	5.5673	1.4075	0.0384	33.3220	13.8938	1.4428	0.0048	11.5152	67.6480
		November	44.2550	0.5253	58.0758	68.9404	43.4725	44.2771	33.4126	42.6308	5.6994	1.4496	0.0381	33.5392	14.0492	1.4659	0.0049	11.8010	67.6861
		December	43.8850	0.5374	58.0335	68.0261	43.8718	46.3900	33.8149	44.6398	5.6394	1.4987	0.0384	33.9457	14.2115	1.4555	0.0049	11.7024	67.2304
	2011	January	44.0880	0.5370	60.0390	69.9412	44.0528	46.8075	34.1873	43.7926	5.6582	1.5204	0.0395	34.3204	14.4361	1.4208	0.0049	11.7562	68.9856
		February	43.8370	0.5367	60.2846	70.6609	44.8414	47.2229	34.3281	44.5998	5.6309	1.5103	0.0394	34.4631	14.4106	1.4312	0.0049	11.6896	68.8052
		March	43.4320	0.5241	61.3607	69.8256	44.7153	47.2909	34.2983	44.8479	5.5794	1.4736	0.0394	34.4343	14.3553	1.4325	0.0050	11.5816	68.6380
		April	43.0180	0.5281	63.7785	71.5820	45.2583	49.2479	34.8974	46.9886	5.5353	1.4836	0.0399	35.0395	14.2680	1.4377	0.0050	11.4721	69.4838
		May	43.2910	0.5348	61.8195	71.2830	44.3101	50.7813	34.9206	46.2261	5.5618	1.4996	0.0400	35.0619	14.3111	1.4278	0.0051	11.5452	68.9760
		June	43.4940	0.5387	62.7836	69.8905	44.8299	52.1323	35.1410	46.4603	5.5875	1.5048	0.0404	35.2835	14.2744	1.4144	0.0050	11.6002	69.4821
		July	42.2270	0.5432	60.4522	69.0791	44.4027	52.6784	34.9822	46.3906	5.4193	1.4647	0.0402	35.1277	14.3288	1.4208	0.0050	11.2611	67.5024
		August	42.5070	0.5545	61.3971	69.2737	43.4454	51.8378	35.1181	45.4145	5.4539	1.4650	0.0397	35.2638	14.2593	1.4160	0.0050	11.3355	68.2740
		September	43.6360	0.5683	59.2751	68.1420	42.1278	48.6033	33.5043	42.6367	5.6006	1.4326	0.0372	33.6334	13.7350	1.4008	0.0049	11.6353	68.4100
		October	43.0280	0.5666	61.0567	69.2837	43.3838	50.0326	34.5218	46.0787	5.5378	1.4324	0.0389	34.6609	13.8800	1.4098	0.0049	11.4741	68.4541
		November	43.8100	0.5617	58.3330	67.9055	42.3203	47.4802	33.5298	43.3588	5.6210	1.4388	0.0380	33.6586	13.7120	1.4010	0.0048	11.6830	68.0661
		December	43.9280	0.5638	56.8428	67.8819	42.8942	46.6030	33.7156	44.3234	5.6513	1.4474	0.0380	33.8454	13.8837	1.3937	0.0048	11.7141	67.7960
	2012	January	42.9460	0.5630	56.4225	67.4596	42.8646	46.8025	34.0220	45.4970	5.5371	1.4431	0.0381	34.1573	14.0576	1.3782	0.0048	11.4513	66.6938
		February	42.8640	0.5329	57.6864	68.1709	43.0751	47.8820	34.1356	46.1431	5.5276	1.4502	0.0381	34.2720	14.2453	1.4133	0.0048	11.4295	66.6223
		March	43.0000	0.5217	57.1943	68.6022	43.1597	47.4404	34.0432	44.6641	5.5381	1.4552	0.0378	34.1785	14.0248	1.3934	0.0047	11.4664	66.3608
		April	42.4360	0.5282	56.2065	69.0009	43.2800	46.7872	34.1675	44.3057	5.4692	1.4528	0.0374	34.3056	13.9523	1.3809	0.0046	11.3153	65.6175
n.a. - not available
Source:   Reference Exchange Rate Bulletin, Treasury Department, Bangko Sentral ng Pilipinas