Philippine Peso Exchange Rates : JULY 24, 2025

What if the money you held today was suddenly worth less tomorrow?
That’s exactly why people around the world pay close attention to the currency exchange rates set by each country’s central bank—including the Bangko Sentral ng Pilipinas (BSP) in the Philippines.

Every day, BSP releases a Reference Exchange Rate Bulletin. This tells us how much one unit of a foreign currency is worth in Philippine Pesos (PHP). On July 24, 2025, the rates are in—and they’re creating buzz, especially for travelers, importers, OFWs, and even ordinary shoppers.

Let’s break down the top 15 currencies and what’s going on with them in super simple terms:

🇺🇸 1. United States – Dollar (USD)

• 1 USD = ₱56.93
  The US dollar remains the king. Everything from gas prices to online shopping can be affected by this rate. It’s still very strong, meaning buying US products can be expensive for Filipinos.

🇯🇵 2. Japan – Yen (JPY)

• 1 JPY = ₱0.39
  The Yen is weak compared to the peso, but it’s great news for people buying Japanese goods or planning to travel there—your money can go further!

🇬🇧 3. United Kingdom – Pound (GBP)

• 1 GBP = ₱77.32
  The British pound is one of the strongest. That means sending money from the UK to the Philippines gives you more value in pesos. But traveling to the UK? Better prepare a big budget.

🇭🇰 4. Hong Kong – Dollar (HKD)

• 1 HKD = ₱7.25
  A mid-range currency, often used by Filipino workers and families living in Hong Kong. Changes in this rate can affect remittances.

🇨🇭 5. Switzerland – Franc (CHF)

• 1 CHF = ₱71.88
  The Swiss Franc is strong and stable. Great for luxury exports like watches and chocolates—but costly for imports.

🇨🇦 6. Canada – Dollar (CAD)

• 1 CAD = ₱41.85
  Canada’s dollar isn’t as high as the US, but still valuable. OFWs in Canada are still getting solid returns when they send money home.

🇸🇬 7. Singapore – Dollar (SGD)

• 1 SGD = ₱44.60
  A favorite for work and business, the Singapore dollar remains strong. More value in remittances, but also higher cost of living for travelers.

🇦🇺 8. Australia – Dollar (AUD)

• 1 AUD = ₱37.54
  Like Canada, the Aussie dollar holds steady. It’s good news for Filipinos studying or working Down Under.

🇧🇭 9. Bahrain – Dinar (BHD)

• 1 BHD = ₱151.04
  One of the most powerful currencies in the world. Even a small amount exchanged into pesos can go a long way!

🇰🇼 10. Kuwait – Dinar (KWD)

• No current exchange listed (N/A)
  The Kuwaiti dinar is often the strongest in the world, so even if no value was listed today, it usually converts to a very high peso amount.

🇸🇦 11. Saudi Arabia – Riyal (SAR)

• 1 SAR = ₱15.17
  Important for Filipino workers in the Middle East. Strong and stable—perfect for steady remittances.

🇧🇳 12. Brunei – Dollar (BND)

• 1 BND = ₱44.43
  It shares almost the same rate as Singapore’s dollar. Strong and steady, good for OFWs.

🇮🇩 13. Indonesia – Rupiah (IDR)

• 1 IDR = ₱0.0035
  It looks low, but that’s normal. Indonesia uses large numbers for prices. ₱1 is worth nearly 300 Rupiah.

🇹🇭 14. Thailand – Baht (THB)

• 1 THB = ₱1.77
  Popular tourist spot, so this is great info for travelers. The Baht is pretty steady, not too expensive, not too cheap.

🇦🇪 15. United Arab Emirates – Dirham (AED)

• 1 AED = ₱15.50
  Very important for OFWs in Dubai and Abu Dhabi. The Dirham remains strong—great for families receiving money from abroad.

⚠️ So What Does All This Mean?

If you’re in the Philippines and planning to:

• Travel abroad

• Shop online internationally

• Work overseas

• Send or receive remittances

💸 These numbers matter a lot.

And if you’re running a business importing goods? A strong dollar or euro means higher prices on products. But if you’re earning in stronger currencies like the USD, GBP, or BHD, your peso earnings go up.

📊 BSP Quick Stats:

• BSP Buying Rate: ₱56.65

• BSP Selling Rate: ₱57.15

• Reference Rate: ₱56.90
  This is what banks use to decide how much you’ll actually get when exchanging money.

🪙 Bonus:

• Gold buying price: $3,389.45

• Silver buying price: $39.25
  These prices also affect investments and jewelry businesses.

In Short:
🌏 Currencies tell us how strong or weak a country’s economy is. And every change can affect real people—from OFWs and business owners to travelers and families.

💬 So next time you hear “exchange rate,” don’t tune out. Because behind the numbers… is a world of money drama you can’t afford to miss.