The peso woke up today facing the world.
On January 20, 2026, the Bangko Sentral ng Pilipinas (BSP) released its Reference Exchange Rate Bulletin—and it tells a clear story of where the Philippine peso (PHP) stands against the world’s most powerful currencies.
Some are strong.
Some are steady.
Some remind us just how expensive global money has become.
Let’s break it down—PHP versus the top 15 currencies, in plain language.
The Big Benchmark: PHP vs US Dollar
The US dollar remains the global anchor.
Today’s rate:
-
USD 1 = PHP 59.396
That means nearly ₱60 for every dollar—a level that continues to pressure imports, fuel, and consumer goods. For Filipinos earning in pesos but paying in dollars, the squeeze is still very real.
PHP vs Top 15 Global Currencies
1. United States – Dollar (USD)
-
₱59.396 per $1
The standard. The measuring stick. And still strong.
2. Japan – Yen (JPY)
-
₱0.3757 per ¥1
The yen remains weak, making Japanese goods cheaper—but also signaling Japan’s ongoing economic challenges.
3. United Kingdom – Pound (GBP)
-
₱79.7807 per £1
Painfully expensive. The pound towers over the peso, reflecting strong valuation and higher costs for UK-linked expenses.
4. Hong Kong – Dollar (HKD)
-
₱7.6183 per HK$1
Stable and predictable, thanks to its peg to the US dollar.
5. Switzerland – Franc (CHF)
-
₱74.5057 per CHF
A classic safe-haven currency—and one of the most expensive against the peso.
6. Canada – Dollar (CAD)
-
₱42.8388 per C$1
Moderate, steady, and closely tied to global commodity movements.
7. Singapore – Dollar (SGD)
-
₱46.2442 per S$1
Strong and disciplined—Singapore’s currency continues to outperform many Asian peers.
8. Australia – Dollar (AUD)
-
₱39.8725 per A$1
Softer than the US dollar, but still firm against the peso.
9. Bahrain – Dinar (BHD)
-
₱157.5575 per BHD
One of the strongest currencies in the world. One dinar costs more than ₱150—a reminder of oil-backed strength.
10. Kuwait – Dinar (KWD)
-
No rate available
Still known globally as the world’s strongest currency, though BSP lists no current equivalent today.
11. Saudi Arabia – Riyal (SAR)
-
₱15.8394 per SAR
Stable, oil-linked, and firmly tied to the US dollar.
12. Brunei – Dollar (BND)
-
₱46.0649 per B$1
Moves closely with the Singapore dollar, reflecting shared monetary arrangements.
13. Indonesia – Rupiah (IDR)
-
₱0.0035 per IDR
A fellow Southeast Asian currency—low in value, but familiar in scale.
14. Thailand – Baht (THB)
-
₱1.9025 per ฿1
Tourism-driven and relatively balanced against the peso.
15. United Arab Emirates – Dirham (AED)
-
₱16.1723 per AED
Another oil-backed currency, steady and dollar-pegged.
Other Key BSP Figures to Watch
-
BSP Reference Rate: ₱59.450 per USD
-
BSP Buying Rate: ₱59.200
-
BSP Selling Rate: ₱59.700
-
PDS Closing Rate (Jan 19): ₱59.440
Precious metals also climbed:
-
Gold: $4,664.00
-
Silver: $93.70
These numbers hint at continued global uncertainty—and investors looking for safety.
The Bottom Line
Today’s exchange rates tell one clear story:
The peso is holding, but the dollar remains dominant, and premium currencies like the pound, franc, and dinars continue to tower over it.
For overseas workers, importers, travelers, and investors—
these numbers matter. A lot.
And as global tensions and economic shifts continue,
every centavo counts.
