The Bangko Sentral ng Pilipinas (BSP) just released its August 14, 2025 Reference Exchange Rate Bulletin — and it shows how much the Philippine peso is worth compared to the world’s biggest currencies.
Exchange rates are like a price tag for money. They tell you how many pesos you need to buy 1 unit of another country’s money. If the number is high, that currency is strong compared to the peso. If it’s low, the peso is stronger against it.
Here’s what’s going on with the top 15 currencies:
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United States Dollar (USD) – 1 USD = ₱56.8880. The peso is still weaker against the US dollar, making imports from the US more expensive.
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Japanese Yen (JPY) – 1 JPY = ₱0.3863. It takes less than 50 centavos for 1 yen, so the peso is stronger than the yen.
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British Pound (GBP) – 1 GBP = ₱77.2539. This is one of the most expensive currencies. Traveling to the UK means you’ll need a lot of pesos.
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Hong Kong Dollar (HKD) – 1 HKD = ₱7.2484. Peso is weaker, but not by much compared to the US dollar gap.
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Swiss Franc (CHF) – 1 CHF = ₱70.6947. Another strong currency — almost as high as the British pound.
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Canadian Dollar (CAD) – 1 CAD = ₱41.3430. Peso is weaker, but CAD is cheaper than USD.
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Singapore Dollar (SGD) – 1 SGD = ₱44.4646. Still strong; popular among OFWs in Singapore.
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Australian Dollar (AUD) – 1 AUD = ₱37.2161. Slightly cheaper than the Canadian dollar.
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Bahraini Dinar (BHD) – 1 BHD = ₱150.8966. This is the most expensive in the list — very strong currency.
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Kuwaiti Dinar (KWD) – No official rate listed today, but normally one of the world’s strongest.
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Saudi Riyal (SAR) – 1 SAR = ₱15.1612. Important for OFWs in Saudi Arabia — peso is weaker.
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Brunei Dollar (BND) – 1 BND = ₱44.2915. Almost the same as the Singapore dollar.
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Indonesian Rupiah (IDR) – 1 IDR = ₱0.0035. Peso is much stronger here; you need hundreds of rupiah to match 1 peso.
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Thai Baht (THB) – 1 THB = ₱1.7618. Peso is slightly stronger but close.
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UAE Dirham (AED) – 1 AED = ₱15.4899. Also important for OFWs in Dubai and Abu Dhabi.
Why does this matter?
When a foreign currency is strong compared to the peso, things from that country — like goods, travel, or online shopping — become more expensive. But for Filipinos working abroad in countries with strong currencies, it means their remittances are worth more in pesos.
The BSP also shared the buying and selling rates for the peso today:
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BSP Buying Rate: ₱56.450
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BSP Selling Rate: ₱56.950
That’s the official range banks use for trading foreign currencies.
Gold is currently at $3,366.05 per ounce, and silver is $38.50 per ounce — both valuable assets that can also affect markets.
