The peso opened today under familiar pressure—facing a stronger US dollar and a mixed performance against other major global currencies.
Based on the Bangko Sentral ng Pilipinas (BSP) Reference Exchange Rate Bulletin dated January 16, 2026, here’s a clear, human look at how the peso stacks up against the world’s top currencies, and why it matters to everyday Filipinos.
Let’s take it step by step.
🇺🇸 US Dollar (USD): Still Setting the Pace
The peso now trades at ₱59.44 per dollar.
This is the rate most Filipinos feel instantly—affecting fuel prices, imported goods, tuition, and online purchases. A firm dollar continues to weigh on the peso, while also keeping OFW remittances strong in peso terms.
🇬🇧 British Pound (GBP): One of the Heaviest
One pound equals ₱79.57.
Despite global uncertainty, the pound remains expensive for peso earners—impacting travel, education, and remittances tied to the UK.
🇪🇺 Euro (EUR): Holding Its Ground
The euro stands at ₱69.01.
Europe’s common currency remains solid against the peso, reflecting steady demand despite slower growth across the region.
🇨🇭 Swiss Franc (CHF): The Safe-Haven Giant
At ₱74.02, the franc continues to command strength.
Investors still flock to it in uncertain times—and the peso feels that contrast.
🇯🇵 Japanese Yen (JPY): Still Weak, Still Cheap
One yen is worth ₱0.3747.
Japan’s currency remains soft, making Japanese imports more affordable—but also highlighting Tokyo’s long struggle to lift the yen.
🇸🇬 Singapore Dollar (SGD): ASEAN’s Strongest
The Singapore dollar trades at ₱46.16.
It remains the region’s benchmark for stability, backed by strong reserves and tight monetary policy.
🇨🇦 Canadian Dollar (CAD): Quietly Steady
At ₱42.79, the loonie holds firm—supported by commodities and a resilient economy.
🇦🇺 Australian Dollar (AUD): Gaining Slightly
The Aussie dollar stands at ₱39.81, showing mild strength compared to recent weeks.
🇭🇰 Hong Kong Dollar (HKD): Predictable and Pegged
The HK dollar is at ₱7.62.
Its movement remains tightly linked to the US dollar, offering stability but little surprise.
🇧🇭 Bahrain Dinar (BHD): The Strongest of Them All
At ₱157.67, the dinar remains one of the most powerful currencies globally—towering over the peso.
🇸🇦 Saudi Riyal (SAR): Key for OFWs
The riyal sits at ₱15.85, continuing to benefit Filipino workers in the Middle East.
🇦🇪 UAE Dirham (AED): Mirroring the Dollar
At ₱16.18, the dirham moves in lockstep with the US dollar—keeping remittances favorable.
🇧🇳 Brunei Dollar (BND): Quiet Strength
The Brunei dollar trades at ₱45.98, closely aligned with the Singapore dollar.
🇹🇭 Thai Baht (THB): Regionally Stable
The baht stands at ₱1.89, reflecting moderate regional stability.
🇮🇩 Indonesian Rupiah (IDR): Small Units, Real Impact
At ₱0.0035 per rupiah, values look tiny—but even small shifts affect trade volumes.
What This Means Today
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Imports remain costly due to a firm dollar
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OFW remittances stay strong in peso value
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Foreign travel and tuition remain expensive
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Exports remain competitive, helped by a softer peso
As of January 16, 2026, the peso continues its balancing act—pressed by global currency strength, yet supported by remittances and steady BSP management.
In the world of money, every centavo tells a story.
And today, the peso’s story is about endurance in a dollar-driven world.
