Have you ever thought about how much money from one country is worth in another? For example, how many Japanese Yen can you get for your dollars? Or how much would you need to spend in Hong Kong to buy the same things you could buy in the Philippines?
Well, the answer is in the exchange rates—the value of one country’s currency compared to another. These exchange rates change all the time, depending on the economy, demand, and other important factors.
Let’s take a look at the top 15 currencies in the world right now and see how they stack up against the Philippine Peso (PHP), which is the official currency of the Philippines. This will help us understand how much our Peso is worth compared to other famous currencies!
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United States Dollar (USD)
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1 USD = 55.63 PHP
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This is the most common currency used for international trade. If you have 1 dollar, you can exchange it for 55.63 pesos!
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Japanese Yen (JPY)
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1 JPY = 0.375 PHP
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The Japanese Yen is one of the strongest currencies in Asia. You would need around 267 Yen to get 1 Peso.
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United Kingdom Pound (GBP)
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1 GBP = 73.28 PHP
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The British Pound is much stronger than the Peso. One Pound is worth over 73 Pesos!
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Hong Kong Dollar (HKD)
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1 HKD = 7.14 PHP
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The Hong Kong Dollar is widely used in Asia, and it’s worth about 7 Pesos for every Hong Kong Dollar.
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Swiss Franc (CHF)
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1 CHF = 65.75 PHP
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Switzerland is known for its high-quality products, and the Swiss Franc is one of the more expensive currencies, worth over 65 Pesos.
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Canadian Dollar (CAD)
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1 CAD = 39.80 PHP
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The Canadian Dollar is a bit stronger than the Peso, and you can exchange 1 Canadian Dollar for around 40 Pesos.
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Singapore Dollar (SGD)
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1 SGD = 42.58 PHP
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Singapore is a leading financial hub, and its currency is also strong. One Singapore Dollar is worth over 42 Pesos.
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Australian Dollar (AUD)
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1 AUD = 35.43 PHP
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The Australian Dollar is also widely used in international markets, and you can exchange 1 Australian Dollar for around 35 Pesos.
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Bahrain Dinar (BHD)
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1 BHD = 147.59 PHP
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The Bahrain Dinar is one of the most valuable currencies in the world, and it’s worth a huge 147 Pesos for every Dinar!
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Kuwait Dinar (KWD)
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Value not available
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Kuwait’s Dinar is often considered the strongest currency globally, but it is not listed in this exchange data.
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Saudi Riyal (SAR)
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1 SAR = 14.83 PHP
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The Saudi Riyal, used in Saudi Arabia, is worth about 15 Pesos for every Riyal.
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Brunei Dollar (BND)
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1 BND = 42.42 PHP
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The Brunei Dollar is on par with the Singapore Dollar, and 1 Brunei Dollar will get you around 42 Pesos.
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Indonesian Rupiah (IDR)
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1 IDR = 0.0034 PHP
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The Indonesian Rupiah is one of the weakest currencies in the region, where you need thousands of Rupiah to equal 1 Peso.
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Thai Baht (THB)
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1 THB = 1.66 PHP
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The Thai Baht is stronger than the Indonesian Rupiah but still weaker than the Philippine Peso. You’ll need about 1.5 Baht to get 1 Peso.
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United Arab Emirates Dirham (AED)
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1 AED = 15.14 PHP
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The Dirham is used in the UAE and is worth about 15 Pesos for each Dirham.
These exchange rates show how different currencies from around the world compare to the Philippine Peso. It’s like a giant math puzzle that affects everything, from travel costs to international trade.
As you can see, some currencies are worth a lot more than the Peso, like the Bahrain Dinar, which is almost 3 times the value of the UK Pound! Others, like the Indonesian Rupiah, are much less valuable.
These values change regularly, depending on global events, political factors, and how much demand there is for each currency. So next time you travel or trade internationally, remember that the value of money is always moving!
BSP Rates:
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Buying: 55.25 PHP for each USD.
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Selling: 55.75 PHP for each USD.
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Reference: 55.50 PHP for each USD.
These rates from the Bangko Sentral ng Pilipinas (BSP) help banks and financial institutions decide how much to buy or sell foreign currencies.
