The numbers are in.
And today, the Philippine peso is standing at ₱57.964 to $1 — based on the Bangko Sentral ng Pilipinas (BSP) Reference Exchange Rate Bulletin.
It’s steady… but the global currency battlefield is always moving.
Let’s break down what’s happening — simply, clearly — and what it means when the peso faces the world’s strongest currencies.
🇺🇸 PHP vs U.S. Dollar (USD)
$1 = ₱57.964
This is the anchor.
The benchmark.
The rate most Filipinos watch every day.
BSP Reference Rate: ₱58.000
Buying Rate: ₱57.750
Selling Rate: ₱58.250
The peso is hovering just below ₱58 — stable, but sensitive to global pressures.
🇪🇺 PHP vs Euro (EUR)
€1 = ₱68.2526
The euro remains stronger than the dollar.
At over ₱68 per euro, imports from Europe cost more — while OFWs earning euros send home stronger remittances.
🇬🇧 PHP vs British Pound (GBP)
£1 = ₱78.0717
The pound stands tall.
Nearly ₱78 for one pound — one of the strongest major currencies today.
For Filipinos in the UK, that exchange rate means powerful remittance value.
🇨🇭 PHP vs Swiss Franc (CHF)
₣1 = ₱74.7923
The Swiss franc continues to show strength, often seen as a “safe haven” currency during global uncertainty.
🇨🇦 PHP vs Canadian Dollar (CAD)
C$1 = ₱42.3745
Canada remains a major destination for Filipino workers.
At over ₱42 per Canadian dollar, remittances remain solid.
🇦🇺 PHP vs Australian Dollar (AUD)
A$1 = ₱40.9110
The Aussie dollar trades above ₱40 — steady, supported by commodity markets.
🇸🇬 PHP vs Singapore Dollar (SGD)
S$1 = ₱45.7201
Singapore’s currency remains one of Asia’s strongest.
At nearly ₱46 per SGD, it reflects the city-state’s economic resilience.
🇨🇳 PHP vs Chinese Yuan (CNY)
¥1 = ₱8.3965
China remains a major trading partner.
The yuan stays below ₱9 — important for trade flows between Manila and Beijing.
🇯🇵 PHP vs Japanese Yen (JPY)
¥1 = ₱0.3740
The yen remains relatively weak compared to other major currencies.
But Japan continues to play a critical role in trade and investments.
🇰🇷 PHP vs Korean Won (KRW)
₩1 = ₱0.0400
The won remains modest in peso terms — yet South Korea remains an influential economic partner.
🇦🇪 PHP vs UAE Dirham (AED)
1 AED = ₱15.7828
With thousands of OFWs in the UAE, this rate matters deeply.
Nearly ₱16 per dirham means remittances remain meaningful for families back home.
🇸🇦 PHP vs Saudi Riyal (SAR)
1 SAR = ₱15.4546
Closely pegged to the U.S. dollar, the riyal mirrors dollar movements.
🇧🇭 PHP vs Bahrain Dinar (BHD)
1 BHD = ₱153.7833
One of the strongest currencies in the world.
Over ₱153 for one dinar — a powerful exchange rate for Filipino workers there.
🇳🇿 PHP vs New Zealand Dollar (NZD)
NZ$1 = ₱34.6045
Stable, moderate — reflecting global commodity trends.
🇲🇾 PHP vs Malaysian Ringgit (MYR)
1 MYR = ₱14.8435
An important ASEAN partner, the ringgit trades below ₱15 today.
What Does This Mean for Filipinos?
The peso is currently:
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Stable near ₱58 per dollar
-
Weaker against major Western currencies like the euro and pound
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Competitive within Asia
-
Strongly influenced by global oil, trade, and geopolitical tensions
Gold is buying at $4,990.65, and silver at $78.00 — reflecting continued global demand for safe assets.
Meanwhile, the SDR rate stands at $1.37373 per SDR, another indicator of global currency movements.
The takeaway?
The peso is holding its ground — but every movement in Washington, Europe, the Middle East, or Asia can shift these numbers overnight.
For OFWs, businesses, travelers, and investors — today’s rates matter.
Because behind every decimal point…
Is a real impact on real lives.