What is the dollar rate against Philippine peso in 1983?

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2026-05-19 05:00

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In 1983, the exchange rate of the US dollar against the Philippine peso fluctuated significantly due to economic instability. At the beginning of the year, the rate was approximately 22 pesos to 1 dollar, but it rose to around 25 pesos per dollar by the end of the year. This period was marked by political and economic turmoil in the Philippines, impacting currency values.

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