13.2 CROSS RATES OF THE PESO                                        
  in pesos per unit of foreign currency                                      
  as of end-of-period                                        
                                             
   
     US   Japanese   Pound Canadian    Swiss Brunei Australian     Hongkong      N T  S. Korean  Singapore     Malaysian Thai    Indonesian Saudi Chinese UAE    
        Period  Dollar       Yen Euro   Sterling Dollar   Franc Dollar Dollar    Dollar      Dollar   Won  Dollar       Ringgit Baht     Rupiah Rial Yuan Dirham S.D.R.  
                                             
   
  2011 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 6.9493 11.9600 67.7960  
  2012 41.1920 0.4787 54.5300 66.3232 41.3948 45.1122 33.5658 42.6727 5.3144 1.4190 0.0384 33.7032 13.4658 1.3444 0.0043 10.9845 6.6055 11.2157 63.4966  
  2013 44.4140 0.4239 60.8161 72.8967 41.7229 49.5471 34.8618 39.4581 5.7271 1.4808 0.0419 34.9992 13.4751 1.3529 0.0036 11.8428 7.3114 12.0934 68.2621  
  2014 44.6170 0.3706 54.3390 69.4062 38.3967 45.1864 33.5693 36.2063 5.7489 1.4071 0.0406 33.6961 12.7879 1.3565 0.0036 11.8899 7.1813 12.1476 64.6527  
  2015 47.1660 0.3920 51.7411 70.1783 33.9324 47.7727 33.3990 34.2652 6.0857 1.4377 0.0404 33.5176 10.9816 1.3055 0.0034 12.5766 7.2697 12.8433 65.5768  
  2016 49.8130 0.4251 51.8404 60.8715 36.7515 48.4421 34.2357 35.7757 6.4212 1.5365 0.0411 34.3538 11.1190 1.3839 0.0037 13.2806 7.1612 13.5634 66.6274  
   
  2017 January 49.8140 0.4381 53.2761 62.1978 37.9738 50.0844 34.9449 37.5946 6.4209 1.5868 0.0426 35.0679 11.2447 1.4123 0.0037 13.2869 7.2385 13.5644 67.4676  
  February 50.2670 0.4460 53.2378 62.5573 38.1939 49.8285 35.6782 38.5900 6.4769 1.6367 0.0443 35.8052 11.3291 1.4428 0.0038 13.4063 7.3169 13.6889 67.9982  
  March 50.1940 0.4486 53.5921 62.6070 37.6239 50.1388 35.7762 38.3482 6.4604 1.6562 0.0449 35.9042 11.3587 1.4575 0.0038 13.3854 7.2865 13.6679 68.2598  
  April 49.6990 0.4474 54.2117 63.8384 36.4978 50.0645 35.4841 37.1450 6.3881 1.6505 0.0439 35.6112 11.4356 1.4431 0.0037 13.2534 7.2104 13.5316 68.0096  
  May 49.8670 0.4500 55.7912 64.1290 37.0538 51.1666 35.9065 37.2207 6.3991 1.6532 0.0444 36.0363 11.6484 1.4620 0.0037 13.2986 7.2772 13.5781 68.8459  
  June 50.4660 0.4500 57.7432 65.6462 38.8110 52.8108 36.4612 38.7680 6.4655 1.6612 0.0440 36.5935 11.7582 1.4869 0.0038 13.4580 7.4378 13.7408 70.1795  
  July 50.5820 0.4571 59.4389 66.4142 40.6738 52.2218 37.1271 40.3644 6.4772 1.6705 0.0450 37.2639 11.8196 1.5190 0.0038 13.4882 7.5092 13.7717 71.0950  
  August 51.1660 0.4642 60.8108 66.1423 40.5468 53.1098 37.5310 40.4416 6.5388 1.6979 0.0455 37.6691 11.9855 1.5411 0.0038 13.6443 7.7564 13.9318 72.5657  
  September 51.0730 0.4547 60.2049 68.6676 41.1084 52.6580 37.4820 40.1229 6.5380 1.6804 0.0446 37.6201 12.0740 1.5291 0.0038 13.6195 7.6721 13.9057 72.1013  
  October 51.7990 0.4555 60.1438 68.0017 40.4143 51.9496 37.8205 39.7350 6.6380 1.7179 0.0460 37.9591 12.2138 1.5560 0.0038 13.8127 7.7876 14.1042 72.6212  
  November 50.3650 0.4519 59.6473 67.2574 39.3077 51.1683 37.2853 38.2522 6.4544 1.6786 0.0465 37.4238 12.2812 1.5469 0.0037 13.4299 7.6248 13.7130 71.3899  
  December 49.9230 0.4423 59.6131 67.1165 39.7160 50.9991 37.1838 38.9050 6.3882 1.6774 0.0467 37.3228 12.2812 1.5290 0.0037 13.3121 7.6413 13.5948 70.9256  
   
  2018 January 51.4210 0.4725 63.7363 72.7299 41.7277 55.0075 39.0529 41.5276 6.5749 1.7579 0.0480 39.2018 13.1866 1.6371 0.0038 13.7115 8.1298 14.0043 74.8258  
  February 52.0340 0.4847 63.6376 72.3689 40.7662 55.4084 39.1557 40.5085 6.6480 1.7771 0.0482 39.3036 13.3215 1.6603 0.0038 13.8750 8.2371 14.1682 75.5185  
  March 52.2070 0.4957 64.7628 73.9251 40.5302 55.1521 39.7132 40.0793 6.6535 1.7891 0.0486 39.8648 13.4710 1.6744 0.0038 13.9226 8.3165 14.2153 76.1335  
  April 51.9650 0.4765 63.0180 71.5714 40.4806 52.6015 39.1156 39.3687 6.6221 1.7591 0.0487 39.2633 13.2665 1.6450 0.0037 13.8566 8.2074 14.1486 74.7153  
  May 52.6890 0.4838 61.4617 70.0448 40.9299 53.2750 39.2060 39.9119 6.7143 1.7612 0.0490 39.3525 13.2152 1.6414 0.0038 14.0496 8.2047 14.3457 74.5117  
  June 53.5220 0.4844 61.9303 70.0068 40.4123 53.6723 38.9960 39.3494 6.8200 1.7516 0.0477 39.1386 13.2480 1.6160 0.0037 14.2717 8.0790 14.5725 75.1941  
  July 53.2630 0.4796 62.3603 69.9610 40.8678 53.9044 39.0062 39.4359 6.7867 1.7422 0.0477 39.1496 13.1351 1.5990 0.0037 14.2035 7.8112 14.5020 74.7418  
  August 53.4340 0.4815 62.3735 69.5283 41.1696 55.1491 38.9347 38.8091 6.8080 1.7381 0.0480 39.0771 13.0073 1.6345 0.0036 14.2475 7.8074 14.5486 74.9294  
  September 54.2510 0.4785 63.1644 70.9820 41.6035 55.5225 39.5214 39.0933 6.9416 1.7766 0.0487 39.6658 13.1105 1.6754 0.0036 14.4670 7.8750 14.7722 76.0626  
  October 53.6060 0.4740 60.8160 68.1279 40.9050 53.3446 38.5738 38.0871 6.8346 1.7324 0.0471 38.7131 12.8244 1.6098 0.0035 14.2919 7.6937 14.5966 74.0921  
  November 52.6080 0.4630 59.8206 67.4855 39.6593 52.9628 38.1770 38.4564 6.7231 1.7077 0.0469 38.3161 12.5317 1.5937 0.0036 14.0236 7.5651 14.3237 72.5817  
  December 52.7240 0.4751 60.3110 66.7328 38.7335 53.3968 38.3308 37.0702 6.7344 1.7137 0.0471 38.4706 12.6558 1.6198 0.0036 14.0545 7.6773 14.3553 73.1097  
   
  2019 January 52.3520 0.4806 60.1053 68.6125 39.8205 52.6680 38.7162 37.9500 6.6748 1.7041 0.0472 38.8598 12.7532 1.6694 0.0037 13.9594 7.7956 14.2540 73.1457  
  February 52.0060 0.4686 59.1412 69.2044 39.5453 51.9540 38.4347 37.1167 6.6254 1.6892 0.0466 38.5773 12.7968 1.6578 0.0037 13.8675 7.7789 14.1598 72.6893  
  March 52.7820 0.4771 59.2425 68.8541 39.2811 53.0206 38.7761 37.3433 6.7241 1.7106 0.0465 38.9190 12.9495 1.6619 0.0037 14.0756 7.8314 14.3719 73.2662  
   
    Source:   Reference Exchange Rate Bulletin, Financial Market Operations Sub-Sector, Bangko Sentral ng Pilipinas