The Philippine peso is holding its ground — but global currency movements are telling a bigger story.
As of February 19, 2026, the Bangko Sentral ng Pilipinas (BSP) released its latest Reference Exchange Rate Bulletin… and the numbers show where the peso stands against the world’s most powerful currencies.
Let’s break it down simply.
🇵🇭 PHP vs US Dollar
The US dollar remains strong.
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1 USD = ₱57.9420
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BSP Reference Rate: ₱57.850
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BSP Selling Rate: ₱58.100
The peso is hovering near the ₱58 level — a key psychological mark for businesses, importers, and overseas Filipino workers sending money home.
When the dollar strengthens, imports become more expensive.
But remittances? They stretch further.
It’s a delicate balance.
🌍 How the Peso Compares to the World’s Top 15 Currencies
Here’s where things stand:
🇪🇺 Euro (EUR)
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1 EUR = ₱68.2846
The euro remains stronger than the dollar, keeping the peso under pressure in European trade.
🇬🇧 British Pound (GBP)
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1 GBP = ₱78.2159
The pound is one of the strongest currencies today. Nearly ₱80 for £1 — making UK imports costly.
🇯🇵 Japanese Yen (JPY)
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1 JPY = ₱0.3742
The yen remains weak against the dollar, and relatively affordable against the peso.
🇨🇭 Swiss Franc (CHF)
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1 CHF = ₱74.9767
A traditionally safe-haven currency, the franc stays powerful.
🇨🇦 Canadian Dollar (CAD)
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1 CAD = ₱42.3089
Moderate strength. Many Filipino workers in Canada are watching this closely.
🇸🇬 Singapore Dollar (SGD)
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1 SGD = ₱45.7425
Still firm — reflecting Singapore’s stable financial environment.
🇦🇺 Australian Dollar (AUD)
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1 AUD = ₱40.7970
The Aussie dollar remains slightly softer than SGD and CAD.
🇭🇰 Hong Kong Dollar (HKD)
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1 HKD = ₱7.4151
Pegged closely to the US dollar, moving almost in tandem.
🇸🇦 Saudi Riyal (SAR)
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1 SAR = ₱15.4499
Important for OFWs in the Middle East. The riyal remains stable.
🇦🇪 UAE Dirham (AED)
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1 AED = ₱15.7764
Also dollar-pegged. Remittances from the UAE benefit from dollar strength.
🇨🇳 Chinese Yuan (CNY)
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1 CNY = ₱8.3934
China remains a key trade partner. Movements here directly affect imports.
🇰🇷 Korean Won (KRW)
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1 KRW = ₱0.0402
The won remains relatively soft.
🇮🇳 Indian Rupee (INR)
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1 INR = ₱0.6383
Stable but weaker compared to Western currencies.
🇲🇾 Malaysian Ringgit (MYR)
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1 MYR = ₱14.8646
🇳🇿 New Zealand Dollar (NZD)
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1 NZD = ₱34.5508
💰 Middle East Heavyweights
Two of the strongest currencies globally stand out:
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🇧🇭 Bahrain Dinar (BHD) = ₱153.7412
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🇰🇼 Kuwait Dinar (KWD) — data currently unavailable but traditionally one of the world’s strongest.
These currencies remain giants — especially for Filipino workers in the Gulf region.
🏅 Gold and Silver Update
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Gold Buying Price: $4,962.25
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Silver Buying Price: $76.80
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SDR Rate: $1.37747
Precious metals remain elevated — often a signal of cautious global sentiment.
📌 What’s Really Happening?
Right now, the peso is:
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Stable… but sensitive.
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Holding near ₱58 per dollar.
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Influenced heavily by global dollar strength.
A stronger US dollar pressures emerging market currencies — including the peso. But it also boosts remittance value when converted locally.
For businesses, travelers, OFWs, and investors… these numbers matter.
Every centavo counts.
And today — February 19, 2026 — the peso continues its balancing act in a world where currency movements reflect confidence, risk, and global power shifts.
The question now is simple:
Will the peso strengthen in the coming weeks…
or will the dollar push past ₱58 for good?
The market is watching.
