The Bangko Sentral ng Pilipinas (BSP) has released its latest exchange rate bulletin for August 26, 2025—and the numbers show how the Philippine peso is faring against the world’s strongest currencies.
At the center of it all, the US dollar (USD) remains king, trading at ₱57.05. This means every dollar you send or spend packs a punch in peso terms.
But how do other top currencies compare? Let’s break it down.
The Top 15 Currencies and What They Mean for Filipinos
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US Dollar (USD) – ₱57.05
The benchmark for all. A strong dollar means imports cost more, but remittances feel heavier in pesos. -
Japanese Yen (JPY) – ₱0.39
The yen remains weak, making Japan attractive for travelers, but not so for Filipino workers paid in yen. -
British Pound (GBP) – ₱76.80
One of the most expensive currencies. OFWs in the UK continue to enjoy a strong advantage when sending money home. -
Hong Kong Dollar (HKD) – ₱7.30
A steady favorite among OFWs, especially domestic helpers. Stable and reliable. -
Swiss Franc (CHF) – ₱70.81
Still one of the strongest currencies in the world. Workers in Switzerland earn big when converted to pesos. -
Canadian Dollar (CAD) – ₱41.18
Remains strong and stable. Filipino migrants in Canada benefit as the loonie stays well above ₱40. -
Singapore Dollar (SGD) – ₱44.40
Always a powerhouse in Asia. OFWs in Singapore continue to enjoy strong earnings. -
Australian Dollar (AUD) – ₱36.98
While softer than the US or Singapore dollars, it remains strong and steady for Filipinos down under. -
Bahraini Dinar (BHD) – ₱151.39
Among the highest-valued currencies in the world. Filipino workers in Bahrain enjoy incredible peso value. -
Kuwaiti Dinar (KWD) – N/A
Known as the world’s single most valuable currency. Data not available in this report, but historically very strong. -
Saudi Riyal (SAR) – ₱15.21
Crucial for millions of OFWs in Saudi. The riyal remains firm, ensuring steady remittances. -
Brunei Dollar (BND) – ₱44.23
Just like Singapore’s dollar—powerful in Asia, offering solid conversion rates for Filipino workers. -
Indonesian Rupiah (IDR) – ₱0.0035
One of the weakest currencies in the region. Not ideal for peso conversions. -
Thai Baht (THB) – ₱1.76
Holds moderate strength in Southeast Asia. Good for trade, but weaker than the peso. -
UAE Dirham (AED) – ₱15.53
A top source of remittances from Dubai and Abu Dhabi. Strong and reliable, close to the Saudi Riyal.
What It Means for the Peso
The peso is holding at around ₱57 per dollar, reflecting global trends where the dollar remains dominant. BSP’s reference rate is ₱56.95, almost unchanged, signaling stability amid global uncertainty.
Meanwhile, precious metals remain high: gold at $3,370.25 and silver at $38.60, showing how safe-haven assets are still in demand.
The Bottom Line
For Filipinos abroad, this is mixed news. Those paid in strong currencies like the USD, GBP, CHF, SGD, and AED gain more peso value when they send money home. But workers in places like Japan, Indonesia, and Thailand may feel their salaries shrink once converted.
The peso may be steady, but the currency battle continues—and for millions of OFWs and families in the Philippines, every centavo counts.
