37	U.S. DOLLAR RATES OF SELECTED CURRENCIES
	period averages
			Phil	Japanese		Pound	Canadian	Swiss	Brunei	Australian	Hongkong	N T	S. Korean	Singapore	Malaysian	Thai	Indonesian	Saudi
	Period		Peso	Yen	Euro	Sterling	Dollar	Franc	Dollar	Dollar	Dollar	Dollar	Won	Dollar	Ringgit	Baht	Rupiah	Rial	S.D.R.
	1990		0.041135	0.006941		1.785300		0.723500	0.552462	0.781600	0.128400	0.037658	0.001431	0.552800	0.370040	0.039200	0.000547	0.267200	1.357950
	1991		0.036392	0.007441		1.770800		0.701000	0.575325	0.778600	0.128700	0.037803	0.001390	0.579600	0.363900	0.039400	0.000517	0.267600	1.368730
	1992		0.039196	0.007905		1.767700		0.714400	0.610337	0.735200	0.129200	0.040171	0.001308	0.614300	0.393100	0.039500	0.000496	0.267300	1.408730
	1993		0.036873	0.009025		1.504200	0.671831	0.676700	0.543800	0.678100	0.129300	0.038331	0.001263	0.619800	0.389000	0.039700	0.000481	0.267200	1.396010
	1994		0.037854	0.009797		1.532100	0.727215	0.733300	0.653259	0.730400	0.129400	0.038212	0.001244	0.655200	0.380200	0.039900	0.000463	0.267300	1.431470
	1995		0.038889	0.010762	n.a.	1.580200	0.723311	0.847700	0.703298	0.735666	0.129300	0.038201	0.001298	0.706700	0.399400	0.040200	0.000446	0.267300	1.517450
	1996		0.038145	0.009205	n.a.	1.561900	0.733599	0.810500	0.706991	0.782901	0.129300	0.036771	0.001245	0.709500	0.394900	0.039500	0.000430	0.267300	1.451870
	1997		0.033932	0.008281	n.a.	1.635000	0.722744	0.690400	0.673774	0.744437	0.129200	0.035036	0.001080	0.675900	0.363600	0.033600	0.000366	0.266700	1.376600
	1998		0.024454	0.007676	n.a.	1.657500	0.675283	0.691300	0.597533	0.628975	0.129100	0.029944	0.000721	0.599200	0.256100	0.024500	0.000108	0.266600	1.356260
	1999		0.025583	0.008824	1.067799	1.618452	0.673508	0.667097	0.588749	0.645089	0.128891	0.031086	0.000843	0.590499	0.263189	0.026470	0.000129	0.266642	1.367640
	2000		0.022628	0.009288	0.924699	1.516965	0.673901	0.593339	0.578586	0.582100	0.128341	0.032134	0.000886	0.580241	0.263147	0.024987	0.000120	0.266639	1.319373
	2001		0.019611	0.008247	0.896402	1.441070	0.646159	0.593483	0.557191	0.517328	0.128261	0.029693	0.000779	0.558622	0.263191	0.022506	0.000098	0.266695	1.273467
	2002		0.019379	0.007999	0.945271	1.502764	0.637224	0.644340	0.557038	0.543522	0.128236	0.029039	0.000807	0.558723	0.263183	0.023270	0.000108	0.266689	1.294735
	2003		0.018449	0.008638	1.131561	1.634885	0.715971	0.744203	0.572528	0.651555	0.128421	0.029146	0.000840	0.574166	0.263192	0.024103	0.000117	0.266666	1.400548
	2004	Ave	0.017844	0.009251	1.243462	1.832571	0.769682	0.805630	0.589978	0.738593	0.128402	0.030014	0.000874	0.591792	0.263190	0.024861	0.000112	0.266668	1.481039
	2005	Ave	0.018154	0.009103	1.245568	1.820851	0.825939	0.804474	0.599262	0.762284	0.128578	0.031154	0.000976	0.601064	0.264091	0.024863	0.000103	0.266654	1.477569
	2006	Ave	0.019488	0.008600	1.256293	1.842655	0.881974	0.798562	0.627663	0.753117	0.128733	0.030773	0.001048	0.629640	0.272813	0.026403	0.000109	0.266663	1.472211
		Jan	0.019005	0.008658	1.210723	1.764323	0.863569	0.781512	0.610104	0.748669	0.128972	0.031170	0.001015	0.611971	0.266451	0.025199	0.000106	0.266657	1.446120
		Feb	0.019299	0.008478	1.195475	1.749320	0.870580	0.767138	0.612111	0.742110	0.128876	0.030991	0.001032	0.613990	0.268297	0.025438	0.000108	0.266660	1.435932
		Mar	0.019524	0.008531	1.202526	1.745526	0.865609	0.766473	0.614952	0.727862	0.128882	0.030818	0.001026	0.616848	0.269983	0.025671	0.000109	0.266650	1.438796
		Apr	0.019471	0.008550	1.227517	1.766450	0.872837	0.779068	0.622559	0.734902	0.128926	0.030949	0.001049	0.624503	0.273004	0.026302	0.000112	0.266635	1.450497
		May	0.019184	0.008948	1.276891	1.869059	0.901223	0.820576	0.632597	0.764125	0.128970	0.031510	0.001063	0.634604	0.277095	0.026347	0.000111	0.266684	1.488712
		Jun	0.018812	0.008728	1.266729	1.844471	0.898130	0.812045	0.626719	0.739568	0.128813	0.030840	0.001048	0.628689	0.273165	0.026076	0.000107	0.266644	1.478700
		Jul	0.019085	0.008648	1.269605	1.843495	0.887298	0.809484	0.629555	0.750854	0.128651	0.030697	0.001053	0.631543	0.272710	0.026326	0.000110	0.266651	1.477016
		Aug	0.019470	0.008633	1.280741	1.892300	0.893039	0.811794	0.632705	0.763305	0.128599	0.030513	0.001041	0.634713	0.272324	0.026588	0.000110	0.266650	1.486819
		Sep	0.019841	0.008539	1.274358	1.887963	0.896342	0.804633	0.631736	0.756684	0.128520	0.030406	0.001048	0.633738	0.272627	0.026722	0.000110	0.266645	1.482212
		Oct	0.019998	0.008430	1.262271	1.875157	0.886720	0.794000	0.631340	0.752085	0.128435	0.030150	0.001049	0.633339	0.271848	0.026783	0.000109	0.266717	1.473700
		Nov	0.020063	0.008523	1.287681	1.910029	0.880306	0.808663	0.640572	0.771796	0.128499	0.030471	0.001069	0.642630	0.274549	0.027367	0.000110	0.266658	1.487977
		Dec	0.020215	0.008535	1.321000	1.963767	0.868039	0.827355	0.647010	0.785442	0.128655	0.030768	0.001082	0.649109	0.281709	0.028016	0.000110	0.266706	1.520057
	2007	Ave	0.021669	0.008500	1.370682	2.002526	0.934792	0.834251	0.661732	0.837957	0.128177	0.030447	0.001077	0.663930	0.291155	0.031101	0.000110	0.266936	1.530777
		January	0.020444	0.008309	1.299764	1.958745	0.851124	0.804993	0.648438	0.783152	0.128234	0.030547	0.001068	0.650548	0.285109	0.028362	0.000110	0.266671	1.495001
		February	0.020669	0.008300	1.307930	1.958845	0.854217	0.806738	0.650093	0.782060	0.128022	0.030336	0.001068	0.652213	0.286139	0.029548	0.000110	0.266674	1.496447
		March	0.020611	0.008524	1.324377	1.947768	0.855254	0.821145	0.653781	0.791982	0.127992	0.030299	0.001061	0.655926	0.286506	0.030647	0.000109	0.266720	1.507311
		April	0.020911	0.008412	1.351989	1.988917	0.881777	0.825125	0.658022	0.827529	0.127962	0.030175	0.001074	0.660194	0.291079	0.030862	0.000110	0.266665	1.520331
		May	0.021361	0.008278	1.351357	1.983943	0.913311	0.818605	0.654559	0.824409	0.127890	0.030053	0.001078	0.656708	0.294029	0.030460	0.000113	0.266655	1.517747
		June	0.021664	0.008157	1.342225	1.986775	0.938369	0.811208	0.648786	0.841050	0.127984	0.030321	0.001078	0.650898	0.290712	0.030958	0.000112	0.266654	1.511367
		July	0.021918	0.008221	1.371386	2.033459	0.951422	0.827659	0.657259	0.866551	0.127896	0.030490	0.001089	0.659426	0.290876	0.032822	0.000110	0.266655	1.528367
		August	0.021704	0.008542	1.362733	2.013124	0.944316	0.831283	0.655048	0.832875	0.127915	0.030352	0.001072	0.657200	0.287562	0.031867	0.000107	0.266634	1.529601
		September	0.021677	0.008686	1.388765	2.018475	0.972171	0.842667	0.659010	0.842307	0.128474	0.030275	0.001075	0.661189	0.287803	0.031224	0.000107	0.266931	1.542547
		October	0.022533	0.008630	1.421667	2.043971	1.022758	0.851366	0.679011	0.895781	0.128945	0.030706	0.001093	0.681325	0.296084	0.031725	0.000110	0.267452	1.557632
		November	0.023139	0.009030	1.469463	2.071958	1.036521	0.892397	0.689019	0.894988	0.128565	0.030935	0.001090	0.691401	0.298155	0.031868	0.000108	0.268296	1.586704
		December	0.023956	0.008913	1.456533	2.024328	0.996265	0.877831	0.687761	0.872798	0.128250	0.030880	0.001076	0.690134	0.299809	0.032870	0.000107	0.267221	1.576267
	2008		0.022485	0.009695	1.470374	1.855338	0.943962	0.925253	0.705136	0.852242	0.128430	0.031756	0.000928	0.707634	0.300706	0.030215	0.000104	0.266686	1.580658
		January	0.024427	0.009267	1.471109	1.969286	0.989784	0.907337	0.696138	0.880508	0.128125	0.030907	0.001062	0.698570	0.305898	0.032348	0.000106	0.266705	1.583432
		February	0.024587	0.009326	1.474140	1.963985	1.000221	0.916500	0.705733	0.910410	0.128248	0.031557	0.001060	0.708232	0.310098	0.030641	0.000109	0.266728	1.584783
		March	0.024241	0.009889	1.549647	2.002916	1.001157	0.985732	0.719895	0.925174	0.128504	0.032691	0.001025	0.722495	0.313992	0.031788	0.000109	0.266857	1.630132
		April	0.023912	0.009752	1.576852	1.981071	0.986451	0.987771	0.730856	0.929750	0.128363	0.032950	0.001013	0.733537	0.316328	0.031692	0.000109	0.266633	1.637439
		May	0.023309	0.009593	1.556090	1.964962	1.000278	0.957699	0.729775	0.949391	0.128224	0.032698	0.000966	0.732448	0.311246	0.031197	0.000108	0.266643	1.623873
		June	0.022583	0.009355	1.555170	1.966910	0.984929	0.963665	0.728537	0.950415	0.128086	0.032923	0.000970	0.731201	0.307297	0.030173	0.000108	0.266670	1.618323
		July	0.022244	0.009366	1.576922	1.989748	0.987033	0.974210	0.733383	0.962475	0.128209	0.032909	0.000982	0.736082	0.307763	0.029870	0.000109	0.266728	1.631674
		August	0.022283	0.009153	1.502526	1.898284	0.951086	0.926259	0.711174	0.887261	0.128083	0.032112	0.000960	0.713712	0.301378	0.029589	0.000109	0.266662	1.588898
		September	0.021417	0.009371	1.439455	1.802314	0.945604	0.903067	0.697748	0.820995	0.128392	0.031316	0.000887	0.700191	0.290844	0.029174	0.000107	0.266602	1.556450
		October	0.020822	0.009989	1.331918	1.694659	0.851320	0.876164	0.675569	0.687117	0.128882	0.030628	0.000759	0.677859	0.284288	0.029078	0.000101	0.266420	1.515998
		November	0.020331	0.010315	1.273045	1.533170	0.821639	0.841043	0.662276	0.657690	0.129021	0.030239	0.000724	0.664476	0.279187	0.028539	0.000088	0.266965	1.483082
		December	0.020793	0.010958	1.337618	1.496747	0.808043	0.863589	0.670544	0.665714	0.129026	0.030142	0.000723	0.672801	0.280149	0.028488	0.000089	0.266615	1.513814
	2009	Ave	0.020996	0.010708	1.393895	1.566189	0.879866	0.923187	0.686242	0.791381	0.129013	0.030290	0.000789	0.688608	0.284083	0.029159	0.000097	0.266656	1.541828
		January	0.021183	0.011073	1.327585	1.448595	0.817251	0.888237	0.669108	0.677257	0.128927	0.029984	0.000739	0.671355	0.280226	0.028662	0.000090	0.266631	1.512140
		February	0.021015	0.010826	1.281090	1.442895	0.805056	0.859961	0.657911	0.650063	0.128980	0.029276	0.000701	0.660083	0.275663	0.028377	0.000085	0.266618	1.487254
		March	0.020636	0.010243	1.304618	1.419832	0.791625	0.865730	0.651809	0.663312	0.128983	0.029107	0.000687	0.653940	0.272019	0.027950	0.000085	0.266645	1.482005
		April	0.020740	0.010130	1.319053	1.470132	0.815082	0.871676	0.662872	0.713889	0.129036	0.029676	0.000748	0.665077	0.277011	0.028233	0.000091	0.266660	1.491499
		May	0.021042	0.010362	1.365055	1.542185	0.867570	0.903045	0.681996	0.763346	0.129024	0.030425	0.000797	0.684329	0.283930	0.028876	0.000096	0.266668	1.519492
		June	0.020875	0.010358	1.401748	1.636048	0.889426	0.925789	0.686444	0.801522	0.129028	0.030519	0.000795	0.688808	0.284604	0.029303	0.000098	0.266666	1.544874
		July	0.020770	0.010585	1.407770	1.637526	0.888583	0.926706	0.687717	0.803033	0.129039	0.030411	0.000793	0.690090	0.282135	0.029386	0.000099	0.266665	1.551981
		August	0.020764	0.010522	1.425444	1.655156	0.919739	0.935411	0.691305	0.833720	0.129028	0.030446	0.000808	0.693703	0.284480	0.029408	0.000101	0.266678	1.558881
		September	0.020773	0.010932	1.455815	1.632805	0.923516	0.961502	0.700133	0.860385	0.129033	0.030698	0.000823	0.702592	0.286294	0.029569	0.000101	0.266660	1.577106
		October	0.021344	0.011076	1.481177	1.617373	0.949058	0.978376	0.712819	0.905735	0.129039	0.031000	0.000854	0.715369	0.293834	0.029949	0.000106	0.266672	1.589498
		November	0.021262	0.011186	1.492026	1.662826	0.945038	0.988088	0.717699	0.919829	0.129039	0.030933	0.000861	0.720284	0.295124	0.030064	0.000106	0.266667	1.599112
		December	0.021542	0.011205	1.465363	1.628900	0.946453	0.973723	0.715096	0.904480	0.129001	0.031003	0.000861	0.717662	0.293674	0.030136	0.000106	0.266645	1.588090
	2010	Ave	0.022181	0.011413	1.327705	1.546907	0.970942	0.960950	0.731711	0.919307	0.128726	0.031747	0.000866	0.734400	0.310846	0.031577	0.000110	0.266672	1.525865
		January	0.021726	0.010962	1.429635	1.617225	0.959618	0.968724	0.713897	0.913919	0.128843	0.031388	0.000879	0.716454	0.296377	0.030284	0.000108	0.266713	1.565595
		February	0.021593	0.011088	1.369845	1.566690	0.946649	0.933985	0.706027	0.885354	0.128746	0.031193	0.000866	0.708529	0.292837	0.030183	0.000107	0.266676	1.538991
		March	0.021862	0.011053	1.358096	1.506400	0.975992	0.937546	0.712234	0.911126	0.128852	0.031403	0.000879	0.714780	0.300591	0.030746	0.000109	0.266669	1.528094
		April	0.022408	0.010703	1.342984	1.534895	0.995772	0.936497	0.721721	0.926010	0.128825	0.031789	0.000897	0.724335	0.312238	0.030996	0.000111	0.266663	1.517562
		May	0.021931	0.010889	1.253605	1.465937	0.960891	0.883297	0.714748	0.868322	0.128424	0.031398	0.000857	0.717311	0.307461	0.030890	0.000109	0.266664	1.479426
		June	0.021597	0.010991	1.222260	1.473365	0.963792	0.884535	0.712951	0.853207	0.128406	0.031053	0.000826	0.715502	0.306168	0.030830	0.000109	0.266668	1.468042
		July	0.021589	0.011411	1.276732	1.527068	0.957258	0.948441	0.723337	0.874727	0.128595	0.031128	0.000829	0.725963	0.311896	0.030956	0.000111	0.266670	1.501842
		August	0.022132	0.011699	1.292510	1.567738	0.963197	0.960968	0.735036	0.900919	0.128723	0.031373	0.000849	0.737748	0.317059	0.031452	0.000112	0.266668	1.518605
		September	0.022566	0.011845	1.306805	1.556714	0.966257	0.998437	0.746264	0.935748	0.128772	0.031536	0.000859	0.749059	0.321845	0.032432	0.000111	0.266673	1.524897
		October	0.023018	0.012199	1.388265	1.585280	0.982543	1.033067	0.764096	0.980805	0.128898	0.032405	0.000890	0.767027	0.322660	0.033384	0.000112	0.266672	1.569025
		November	0.022993	0.012138	1.369984	1.599111	0.988673	1.017448	0.768647	0.991726	0.128976	0.032938	0.000888	0.771612	0.321831	0.033536	0.000112	0.266673	1.563088
		December	0.022751	0.011983	1.321740	1.562465	0.990658	1.028462	0.761572	0.989815	0.128655	0.033364	0.000872	0.764483	0.319190	0.033233	0.000111	0.266659	1.535214
	2011	Ave	0.023090	0.012551	1.392043	1.603748	1.011648	1.131208	0.792559	1.031877	0.128472	0.034049	0.000904	0.795714	0.327236	0.032833	0.000114	0.266663	1.578551
		January	0.022639	0.012112	1.335962	1.576938	1.006441	1.046187	0.774429	0.997300	0.128566	0.034373	0.000894	0.777440	0.326681	0.032786	0.000111	0.266674	1.545649
		February	0.022882	0.012112	1.365820	1.612530	1.011425	1.052891	0.780612	1.007635	0.128386	0.034260	0.000896	0.783671	0.328415	0.032576	0.000112	0.266663	1.562099
		March	0.022980	0.012261	1.400470	1.617209	1.024286	1.088301	0.785397	1.010635	0.128343	0.033892	0.000892	0.788493	0.329505	0.032937	0.000114	0.266662	1.579589
		April	0.023127	0.012002	1.443121	1.634089	1.042620	1.111157	0.797742	1.055026	0.128629	0.034380	0.000921	0.800937	0.331331	0.033246	0.000115	0.266674	1.595953
		May	0.023185	0.012329	1.434414	1.635159	1.034253	1.144760	0.804570	1.068609	0.128651	0.034810	0.000925	0.807820	0.332529	0.033119	0.000117	0.266665	1.598336
		June	0.023060	0.012419	1.439857	1.623881	1.023469	1.189853	0.806894	1.060400	0.128503	0.034762	0.000926	0.810162	0.330989	0.032820	0.000117	0.266672	1.599308
		July	0.023360	0.012589	1.429514	1.613371	1.045995	1.213178	0.818104	1.076486	0.128401	0.034691	0.000944	0.821464	0.333897	0.033199	0.000117	0.266672	1.595000
		August	0.023573	0.012977	1.432595	1.636748	1.020234	1.288220	0.823742	1.050919	0.128259	0.034535	0.000932	0.827149	0.335409	0.033507	0.000117	0.266671	1.604943
		September	0.023242	0.013013	1.379709	1.580700	1.001336	1.153318	0.798305	1.026068	0.128301	0.033747	0.000899	0.801507	0.325999	0.032942	0.000115	0.266645	1.578144
		October	0.023014	0.013046	1.368775	1.573480	0.977353	1.112552	0.778803	1.009290	0.128549	0.032990	0.000864	0.781848	0.318231	0.032383	0.000113	0.266651	1.569999
		November	0.023108	0.012910	1.356111	1.580379	0.975341	1.100837	0.772352	1.008311	0.128495	0.033087	0.000881	0.775347	0.317221	0.032334	0.000111	0.266657	1.566189
		December	0.022910	0.012843	1.318171	1.560486	0.977029	1.073246	0.769761	1.011843	0.128575	0.033056	0.000872	0.772735	0.316627	0.032150	0.000110	0.266654	1.547408
n.a - not available
Source:   Reference Exchange Rate Bulletin, Treasury Department, Bangko Sentral ng Pilipinas