Have you ever wondered why some money is worth more than others? Like, why do we need 56 pesos just to get 1 U.S. dollar?
That’s because each country’s money (called currency) has a different value when exchanged. These values go up and down every day depending on how strong or weak a country’s economy is, how much people trade, and many other reasons.
On July 16, 2025, the Bangko Sentral ng Pilipinas (BSP) released its Reference Exchange Rate Bulletin, which shows how much other currencies are worth compared to the Philippine peso.
Let’s break down the top 15 currencies and explain what they mean — in a way even a 10-year-old can understand!
🌍 Top 15 Currencies Explained Simply
-
🇺🇸 U.S. Dollar (USD)
-
📈 1 Dollar = 56.75 Pesos
-
This means if you give someone 1 U.S. dollar, they’ll give you 56.75 pesos in return.
-
It’s the world’s most powerful and commonly used currency.
-
-
🇯🇵 Japanese Yen (JPY)
-
🪙 1 Yen = 0.38 Peso
-
You need around 263 Yen to equal 1 Peso.
-
Even though the number looks small, Japan’s economy is very strong.
-
-
🇬🇧 British Pound (GBP)
-
💷 1 Pound = 75.97 Pesos
-
One of the highest-valued currencies.
-
People often say, “The pound is heavy,” because it’s worth a lot!
-
-
🇭🇰 Hong Kong Dollar (HKD)
-
💲1 HKD = 7.23 Pesos
-
Not as strong as the U.S. dollar, but still widely used in Asia.
-
-
🇨🇭 Swiss Franc (CHF)
-
🧀 1 Franc = 70.81 Pesos
-
Switzerland’s money is super strong — people trust it like gold!
-
-
🇨🇦 Canadian Dollar (CAD)
-
🍁 1 CAD = 41.36 Pesos
-
Canada’s currency is doing well, but not as strong as the U.S. dollar.
-
-
🇸🇬 Singapore Dollar (SGD)
-
🏙️ 1 SGD = 44.15 Pesos
-
Very stable and used in a high-tech, business-friendly country.
-
-
🇦🇺 Australian Dollar (AUD)
-
🐨 1 AUD = 36.95 Pesos
-
Not too high, not too low. Good for trade and travel.
-
-
🇧🇭 Bahraini Dinar (BHD)
-
💰 1 Dinar = 150.53 Pesos
-
The most valuable currency on this list!
-
Used in a rich Middle Eastern country with lots of oil.
-
-
🇰🇼 Kuwaiti Dinar (KWD)
-
❗ Not available in this update
-
Normally, this is the strongest currency in the world, even stronger than the Bahraini dinar.
-
🇸🇦 Saudi Riyal (SAR)
-
🕋 1 Riyal = 15.13 Pesos
-
Very important for Filipinos working abroad (OFWs), especially in the Middle East.
-
🇧🇳 Brunei Dollar (BND)
-
🌴 1 BND = 43.98 Pesos
-
Similar in value to the Singapore dollar — they even share the same exchange rate system.
-
🇮🇩 Indonesian Rupiah (IDR)
-
🥥 1 Rupiah = 0.0035 Peso
-
It takes almost 286 rupiah to make 1 peso. A very low exchange value but normal for their economy.
-
🇹🇭 Thai Baht (THB)
-
🐘 1 Baht = 1.75 Pesos
-
Common currency for travelers. The baht holds steady value in Southeast Asia.
-
🇦🇪 UAE Dirham (AED)
-
🌆 1 Dirham = 15.45 Pesos
-
A strong currency often used by OFWs in Dubai and other UAE cities.
📊 What Does This Mean for You?
-
If you’re traveling abroad, studying the exchange rates helps you budget your money better.
-
If you’re an OFW or have family abroad, knowing the rates helps you track how much remittance you get.
-
If you’re into business or online jobs paid in foreign currencies, this helps you know your real income in pesos.
🧠 Fun Facts
-
🇪🇺 The Euro (EUR) is worth 65.84 pesos, and it’s used in many European countries like France, Germany, and Spain.
-
The Philippine Peso (PHP) changes in value daily depending on global events, oil prices, trade, and investor confidence.
-
As of now, 1 gold ounce costs $3,329.35, and silver is $37.75. That means precious metals are getting more expensive!