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Peso vs Dollar and Top 15 Currencies Today — January 5, 2026

As the new year moves forward, the Philippine peso (PHP) continues to face strong global currents. According to the Bangko Sentral ng Pilipinas (BSP) reference exchange rate bulletin released today, January 5, 2026, the peso remains under pressure — especially against the US dollar and other major world currencies.

Let’s break it down, clearly and simply.

Peso vs US Dollar: The Main Story

Today, 1 US dollar = ₱58.87.

That means Filipinos importing goods, paying dollar loans, or sending money abroad are still feeling the weight of a strong greenback. The BSP’s reference rate stands at ₱58.85, showing that the peso is holding steady — but still far from relief levels seen in past years.

The BSP buying rate is ₱58.60, while the selling rate is ₱59.10, signaling tight but controlled movement in the foreign exchange market.

How the Peso Stacks Up Against the Top 15 Currencies

Here’s how the peso is trading today against the world’s most influential currencies:

British Pound (GBP) – ₱79.30
Still one of the strongest currencies globally. Imports from the UK remain costly.
Swiss Franc (CHF) – ₱74.47
A traditional safe-haven currency, staying firm amid global uncertainty.
Euro (EUR) – ₱69.04
The peso continues to struggle against the euro as Europe stabilizes.
Bahrain Dinar (BHD) – ₱156.17
One of the most expensive currencies in the world — and still towering over the peso.
Singapore Dollar (SGD) – ₱45.79
A key regional benchmark. The peso remains weaker than Singapore’s currency.
Brunei Dollar (BND) – ₱45.61
Closely aligned with the Singapore dollar and just as strong.
Canadian Dollar (CAD) – ₱42.83
Supported by energy prices and steady economic growth.
Australian Dollar (AUD) – ₱39.33
Still stronger than the peso, though more volatile than others.
Hong Kong Dollar (HKD) – ₱7.56
Pegged to the US dollar, keeping it stable and predictable.
Saudi Riyal (SAR) – ₱15.70
Oil-backed and steady, continuing to outperform the peso.
UAE Dirham (AED) – ₱16.03
Also dollar-pegged, making it resilient.
Japanese Yen (JPY) – ₱0.38
Weak by historical standards, but still closely watched by markets.
Thai Baht (THB) – ₱1.87
One of the peso’s closest regional rivals, moving within similar ranges.
Indonesian Rupiah (IDR) – ₱0.0035
Extremely low in value but reflective of large-unit currency systems.
Chinese Yuan (CNY) – ₱8.43
A major Asian currency that continues to influence regional trade.

What This Means for Filipinos

A weaker peso means higher prices for imported goods, fuel, and foreign travel. But it can also benefit exporters and overseas Filipino workers (OFWs), as dollar remittances convert to more pesos.

For now, the peso is stable — but still vulnerable.

Markets are watching global inflation, US interest rates, oil prices, and geopolitical risks. Any sudden shift could push the peso higher… or pull it lower.