The Bangko Sentral ng Pilipinas (BSP) released its latest reference rates on November 11, showing how the Philippine peso is performing against major currencies around the world. Here’s a snapshot of the top 15 currencies that matter most to businesses, travelers, and everyday Filipinos:
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US Dollar (USD) – 1 USD = ₱58.93
The world’s benchmark currency remains strong, with the peso holding steady against the greenback. -
Japanese Yen (JPY) – 1 JPY = ₱0.3824
A favorite for investors and tourists, the yen continues to be stable, reflecting Japan’s cautious economic stance. -
British Pound (GBP) – 1 GBP = ₱77.65
The pound is among the strongest currencies, highlighting its value for remittances and international trade. -
Hong Kong Dollar (HKD) – 1 HKD = ₱7.58
A key currency for trade and finance in Asia, the HKD shows slight fluctuations but remains reliable. -
Swiss Franc (CHF) – 1 CHF = ₱73.23
Known for its stability, the franc is a go-to for investors seeking safe-haven assets. -
Canadian Dollar (CAD) – 1 CAD = ₱42.04
With Canada’s resource-driven economy, the CAD continues to be a practical currency for trade and remittances. -
Singapore Dollar (SGD) – 1 SGD = ₱45.25
Singapore’s financial hub remains strong, keeping the peso in check in regional trade transactions. -
Australian Dollar (AUD) – 1 AUD = ₱38.51
The AUD remains steady, often influenced by commodity markets and Australia’s economy. -
Bahrain Dinar (BHD) – 1 BHD = ₱156.34
One of the strongest currencies in the world, the dinar shows how Gulf economies maintain high purchasing power. -
Kuwait Dinar (KWD) – Rate currently unavailable
A key Middle Eastern currency, noted for its stability, though the BSP did not release a current rate. -
Saudi Riyal (SAR) – 1 SAR = ₱15.71
Closely tied to oil markets, the riyal remains relatively steady against the peso. -
Brunei Dollar (BND) – 1 BND = ₱45.08
Tied closely to the Singapore dollar, the Brunei dollar remains strong in Southeast Asia. -
Indonesian Rupiah (IDR) – 1 IDR = ₱0.0035
A lower-value currency but crucial in regional trade and investment for OFWs and exporters. -
Thai Baht (THB) – 1 THB = ₱1.8246
The baht remains a stable currency for tourism and trade with neighboring Thailand. -
United Arab Emirates Dirham (AED) – 1 AED = ₱16.05
A vital currency for OFWs in the UAE, reflecting steady remittance flows to the Philippines.
Other BSP highlights:
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Reference PHP Rate: ₱58.95
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Buying/Selling Rate: ₱58.70 / ₱59.20
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Gold: $4,123 per ounce | Silver: $50.55 per ounce
This snapshot helps everyday Filipinos, businesses, and investors understand the peso’s position globally — whether you’re sending remittances, traveling abroad, or trading internationally, staying updated on currency trends is key.