Manila, Philippines (September 22, 2025) — The peso opened the week steady but cautious as the Bangko Sentral ng Pilipinas (BSP) released its latest reference exchange rates. The U.S. dollar remains the strongest foreign currency against the peso, trading at ₱57.16 per $1, while several other global currencies also made noticeable moves.
Here’s what’s happening with the top 15 currencies and why it matters:
1. U.S. Dollar (USD)
The dollar remains king at ₱57.16. A stronger dollar means imports cost more, but it’s good news for OFWs sending money home.
2. Japanese Yen (JPY)
The yen slid to ₱0.39 per ¥1, showing continued weakness. Great for Filipinos traveling to Japan, but tougher for Japanese businesses investing here.
3. British Pound (GBP)
The pound surged at ₱77.03 per £1—one of the most expensive currencies today. If you’re in the UK, every remittance packs a punch.
4. Hong Kong Dollar (HKD)
At ₱7.35 per HK$1, it stays relatively stable. This matters for OFWs in Hong Kong where many Filipinos work.
5. Swiss Franc (CHF)
A safe-haven currency, now at ₱71.97 per CHF 1. It signals global investors are still cautious about markets.
6. Canadian Dollar (CAD)
Trading at ₱41.48 per CAD 1, the loonie remains strong. Remittances from Canada continue to carry solid value.
7. Singapore Dollar (SGD)
At ₱44.51 per SGD 1, the Singapore dollar shows resilience. Good news for families of OFWs based in Singapore.
8. Australian Dollar (AUD)
Weaker at ₱37.66 per AUD 1. This benefits students and migrants in Australia sending money back home.
9. Bahraini Dinar (BHD)
The Middle East powerhouse sits at a massive ₱151.60 per BHD 1—making it the most valuable currency in the region.
10. Kuwaiti Dinar (KWD)
Data not available today, but historically it has always been the world’s strongest currency.
11. Saudi Riyal (SAR)
Trading at ₱15.24 per SAR 1, this is crucial for the hundreds of thousands of OFWs working in Saudi Arabia.
12. Brunei Dollar (BND)
Similar to Singapore, at ₱44.33 per BND 1. Another steady Asian currency.
13. Indonesian Rupiah (IDR)
Very low at ₱0.0034 per Rp1. Despite its weakness, Indonesia’s giant economy makes it a key regional player.
14. Thai Baht (THB)
At ₱1.80 per THB 1, the baht is steady. This matters for trade and tourism between the Philippines and Thailand.
15. UAE Dirham (AED)
Standing at ₱15.56 per AED 1, vital for millions of OFWs in Dubai and Abu Dhabi.
Big Picture: What Does This Mean for Filipinos?
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OFWs Win Big — Those sending money from the US, UK, Middle East, and Europe enjoy strong buying power back home.
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Imports Cost More — A stronger dollar makes oil, food, and goods more expensive, which could push inflation higher.
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Travel Benefits — Filipinos traveling to Japan or Australia get more value for their pesos.
The BSP reference rate closed at ₱57.15 per $1, unchanged from last week, while gold rose to $3,687.00 and silver to $43.10, reflecting investor worries about global economic uncertainty.
👉 In simple terms: the peso is holding steady, but the dollar’s strength means every movement counts—for OFWs, businesses, and your daily expenses.
