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February 28, 2026 | Peso at ₱57.60 vs Dollar: Where PHP Stands Against the World’s Top Currencies

February 28, 2026 | Peso at ₱57.60 vs Dollar: Where PHP Stands Against the World’s Top Currencies

The Philippine peso is holding its ground — but the pressure is real.

As of the latest Bangko Sentral ng Pilipinas (BSP) Reference Exchange Rate Bulletin dated February 27, 2026, the peso stands at:

₱57.60 per US dollar.

That number may look simple.

But behind it is a story of global movement, economic tension, and shifting power among the world’s strongest currencies.

Let’s break it down.


🇺🇸 Peso vs US Dollar

$1 = ₱57.60

The dollar remains firm.

With the BSP buying rate at ₱57.35 and selling rate at ₱57.85, the peso is trading within a controlled but sensitive range.

Every small move matters — especially for imports, fuel prices, and remittances.


🇬🇧 Peso vs British Pound

£1 = ₱77.60

The pound remains significantly stronger than the peso.

For Filipinos sending money to or studying in the UK, this gap is costly.
For OFWs receiving pounds? It’s an advantage.


🇪🇺 Peso vs Euro

€1 = ₱67.90

The euro continues to trade well above the dollar equivalent in peso terms.

With Europe stabilizing inflation, the euro maintains strength — putting pressure on countries importing from the region.


🇨🇭 Peso vs Swiss Franc

₣1 = ₱74.38

The Swiss franc — often considered a safe-haven currency — remains powerful.

In uncertain global times, investors run to safety.
And that safety comes at a premium.


🇧🇭 Peso vs Bahrain Dinar

1 BHD = ₱152.66

This is one of the strongest currencies in the world.

For Filipino workers in Bahrain, remittances stretch far when converted to peso.


🇸🇦 Peso vs Saudi Riyal

1 SAR = ₱15.35

Saudi Arabia remains one of the largest employers of Filipino workers.

With the riyal steady, remittance flows remain stable — a key support for the peso.


🇦🇪 Peso vs UAE Dirham

1 AED = ₱15.67

The UAE dirham mirrors the strength of Gulf currencies.

For OFWs in Dubai and Abu Dhabi, exchange rates remain favorable.


🇸🇬 Peso vs Singapore Dollar

1 SGD = ₱45.55

Singapore’s currency remains strong and resilient.

Trade ties between the Philippines and Singapore mean this rate matters for businesses and investors.


🇨🇦 Peso vs Canadian Dollar

1 CAD = ₱42.08

Canada’s dollar is steady.

With thousands of Filipinos migrating yearly, this rate impacts families, tuition, and remittances.


🇦🇺 Peso vs Australian Dollar

1 AUD = ₱40.89

Australia’s currency shows moderate strength.

Education and migration links make this exchange rate particularly sensitive for many Filipino families.


🇯🇵 Peso vs Japanese Yen

¥1 = ₱0.3687

The yen remains relatively weak compared to other major currencies.

For Philippine exporters to Japan, this dynamic matters.
For travelers? It makes Japan slightly more affordable.


🇨🇳 Peso vs Chinese Yuan

1 CNY = ₱8.40

China remains a major trading partner.

Any movement here affects imports, infrastructure, and regional trade flows.


🇰🇷 Peso vs Korean Won

1 KRW = ₱0.0402

The won remains stable.

With strong tourism and business ties, this rate influences both travel and electronics imports.


🇮🇳 Peso vs Indian Rupee

1 INR = ₱0.63

India’s growing economy keeps the rupee active in emerging market conversations.


🇧🇷 Peso vs Brazilian Real

1 BRL = ₱11.20

Brazil’s real reflects broader emerging market movements.

Commodity-linked currencies like the real often move with global demand shifts.


What Does This Mean for Filipinos?

At ₱57.60 per dollar, the peso is stable — but vulnerable.

A stronger dollar means:

  • Higher import costs

  • Possible fuel price pressure

  • More expensive foreign goods

But it also means:

  • Stronger remittance value

  • Boosted BPO dollar revenues

Meanwhile, gold is trading at $5,185.50, and silver at $88.45 — signaling that investors are still seeking protection amid global uncertainty.


The currency market is not just numbers on a screen.

It affects grocery prices.
Tuition fees.
Plane tickets.
Remittances.

And as February closes, one thing is clear:

The peso is standing —
but the world around it is constantly moving.

For more News like this Visit Pinas Times

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