| Time series key
|
BBEX3.A.PHP.DEM.CA.AB.A04 |
| Unit
|
PHP |
| Dimension
|
one |
| Timespan
|
from
1972 to
1998 |
| Last update
|
20.09.2023 12:50:16 PM |
| |
|
| Methodology
|
Calculated on the basis of month-end rates. |
| Source
|
1986 - 1998 The Hongkong and Shanghai Banking Corp., Manila November 1984 - December 1985 Citibank, Manila 1981 - October 1984 Bank of America, Makati, Metro-Manila 1971 - 1980 Central Bank of the Philippines, Manila |
| |
|
| Comment on
1998 |
1997-98 financial crisis in a number of South-East Asian countries. |
| Comment on
1984 |
With effect from 6 June 1984, the exchange rates were adjusted sharply. We recorded the following exchange rates (buying/selling rate): 5 June 1984 DEM 1 = PHP 5.1436 / 5.4241 6 June 1984: DEM 1 = PHP 6.5700 / 6.9321 On the basis of the above-mentioned rates, the Philippine peso depreciated by 21.7% (calculated on the basis of the middle rates). |
| Comment on
1983 |
With effect from 5 October 1983, the exchange rates were adjusted sharply. We recorded the following exchange rates (buying/selling rate): 4 October 1983: DEM 1 = PHP 4.1042 / 4.2891 5 October 1983: DEM 1 = PHP 5.2657 / 5.5117 On the basis of the above-mentioned rates, the Philippine peso depreciated by 22.1% (calculated on the basis of the middle rates). |
