MANILA — The Philippine peso (PHP) showed stability against the U.S. dollar and other major currencies on Monday, November 17, 2025, as global and domestic markets remain cautious amid ongoing economic uncertainties.
The Bangko Sentral ng Pilipinas (BSP) reported the reference exchange rate at PHP 59.05 per U.S. dollar, slightly lower than Friday’s PDS closing of 59.065. BSP’s buying rate was P58.80, and the selling rate at P59.30.
Here’s a snapshot of the Philippine peso versus the top 15 global currencies:
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U.S. Dollar (USD) – PHP 58.94
The dollar remains the anchor for global trade and reserves, holding steady against the peso. -
Japanese Yen (JPY) – PHP 0.38
The yen’s strength continues to influence trade in East Asia, including Japan-Philippines commerce. -
British Pound (GBP) – PHP 77.58
The pound remains one of the strongest currencies globally, trading significantly higher than the peso. -
Hong Kong Dollar (HKD) – PHP 7.58
Pegged closely to the U.S. dollar, the HKD mirrors global dollar trends. -
Swiss Franc (CHF) – PHP 74.26
The franc retains its reputation as a safe-haven currency, attracting investors during global volatility. -
Canadian Dollar (CAD) – PHP 42.04
The loonie shows resilience against the peso, reflecting stable oil prices and Canada’s strong trade. -
Singapore Dollar (SGD) – PHP 45.41
Singapore remains a key trade partner, and the peso-SGD exchange highlights ongoing regional commerce flows. -
Australian Dollar (AUD) – PHP 38.49
The Aussie dollar, linked to commodities, is slightly weaker versus the peso, offering opportunities for trade and investment. -
Bahrain Dinar (BHD) – PHP 156.33
The dinar stays strong against the peso, reflecting Bahrain’s small but high-value economy. -
Saudi Riyal (SAR) – PHP 15.72
Pegged to the dollar, the riyal’s peso equivalent continues to impact Filipino workers’ remittances. -
Brunei Dollar (BND) – PHP 45.24
Brunei’s small economy keeps its currency steady, matching Singapore’s dollar closely. -
Indonesian Rupiah (IDR) – PHP 0.0035
The rupiah remains one of the weaker regional currencies but is crucial for trade with the Philippines. -
Thai Baht (THB) – PHP 1.82
A stable baht supports tourism and commerce between the Philippines and Thailand. -
United Arab Emirates Dirham (AED) – PHP 16.05
With a large OFW population in the UAE, the peso-dirham exchange remains vital for remittances. -
Euro (EUR) – PHP 68.52
The euro, Europe’s flagship currency, is higher versus the peso, reflecting regional economic strength.
What’s Happening?
The peso’s relative stability reflects balanced foreign exchange flows, continued remittances from overseas Filipinos, and cautious global market sentiment. Analysts say that while the peso is holding against the dollar, fluctuations in oil prices, U.S. interest rates, and regional economic activity may influence short-term movements.
Investors and travelers should note that gold and silver prices also remain strong, with gold at $4,086.80 per ounce and silver at $50.70 per ounce, adding alternative hedges for local and international investors.
In short, the Philippine peso continues to navigate global economic currents, holding its ground against the world’s top currencies while keeping local markets steady.
