Philippine Peso per U.S. Dollar Forward Exchange Rates              
  Spot and Swap Premium                            
    28-Jan-2022   27-Jan-2022   26-Jan-2022   25-Jan-2022   24-Jan-2022  
    BID OFFER   BID   OFFER   BID OFFER   BID OFFER   BID OFFER  
  USD/PHP 51.266 51.296   51.399 51.429   51.225 51.255   51.343 51.373   51.293 51.323  
  Swap premium (onshore)                            
                                 
  1 MONTH 0.210 0.250   0.213 0.253   0.209 0.249   0.211 0.252   0.210 0.251  
  2 MONTHS 0.430 0.448   0.433 0.451   0.429 0.447   0.431 0.450   0.430 0.449  
  3 MONTHS 0.650 0.751   0.653 0.754   0.649 0.750   0.651 0.753   0.650 0.752  
  6 MONTHS 1.646 1.670   1.649 1.673   1.645 1.669   1.647 1.672   1.646 1.671  
  1 YEAR 3.644 3.925   3.647 3.927   3.643 3.924   3.645 3.926   3.644 3.925  
  Source: Department of Economic Statistics, BSP                          
  Forward exchange rate can be derived by adding the spot rate and the swap premium.                
  Note: Peso-Dollar rates are AM (morning) spot rates.