Philippine Peso per U.S. Dollar Forward Exchange Rates              
  Spot and Swap Premium                            
    27-Jun-2022   24-Jun-2022   23-Jun-2022   22-Jun-2022   21-Jun-2022  
    BID OFFER   BID   OFFER   BID OFFER   BID OFFER   BID OFFER  
  USD/PHP 54.939 54.969   54.786 54.816   54.441 54.471   54.450 54.480   54.112 54.142  
  Swap premium (onshore)                            
                                 
  1 MONTH 0.279 0.319   0.276 0.316   0.270 0.310   0.270 0.310   0.264 0.304  
  2 MONTHS 0.499 0.517   0.496 0.514   0.490 0.508   0.490 0.508   0.484 0.502  
  3 MONTHS 0.719 0.820   0.716 0.817   0.710 0.811   0.710 0.811   0.704 0.805  
  6 MONTHS 1.715 1.739   1.712 1.736   1.706 1.730   1.706 1.730   1.700 1.724  
  1 YEAR 3.713 3.994   3.710 3.991   3.704 3.984   3.704 3.985   3.698 3.978  
  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.