Manila, Philippines – October 30, 2025
The Bangko Sentral ng Pilipinas (BSP) released its latest Financial Markets Reference Exchange Rate Bulletin, and it paints a clear picture — the Philippine peso is holding its ground even as global currencies move in a delicate dance of strength and weakness.
Let’s break it down — and see what the numbers really mean.
1. The U.S. Dollar (USD) – Still the King
At ₱59.00 per dollar, the greenback remains strong. The U.S. economy’s resilience continues to push the dollar upward, keeping other currencies — including the peso — under pressure.
The BSP reference rate sits at ₱58.70, slightly stronger than the ₱58.69 closing rate on October 29. It’s a small gain, but it signals that the peso is still fighting back amid global volatility.
2. The Japanese Yen (JPY) – Struggling for Balance
Trading at just ₱0.39, the yen remains weak compared to the dollar. Japan’s ongoing economic challenges and low interest rates continue to weigh heavily on its currency.
3. The British Pound (GBP) – Holding Strong
The pound stands tall at ₱77.87, showing confidence in the U.K. market despite inflation concerns. It’s among the top-performing major currencies this week.
4. The Hong Kong Dollar (HKD) – Stable and Controlled
At ₱7.59, the HK dollar remains steady. Its close peg to the U.S. dollar keeps it from major swings, giving Hong Kong a predictable edge in trade.
5. The Swiss Franc (CHF) – Safe Haven Strength
Known as the “currency of calm,” the Swiss franc is valued at ₱73.81. Investors often flock to it in uncertain times, keeping it strong and reliable.
6. The Canadian Dollar (CAD) – Energy-Driven Gains
At ₱42.32, the loonie’s value is supported by strong oil prices and a stable economy. Canada remains a quiet but steady player in the currency market.
7. The Singapore Dollar (SGD) – Asia’s Silent Power
Trading at ₱45.49, the Singapore dollar continues to perform well. Its disciplined financial system and strong trade ties make it one of Asia’s most respected currencies.
8. The Australian Dollar (AUD) – Riding Market Waves
At ₱38.76, the Aussie dollar sees mixed signals. Commodity demand and China’s slow recovery keep it moving cautiously.
9. The Bahraini Dinar (BHD) – The High Roller
One of the world’s strongest currencies, the Bahraini Dinar stands at a powerful ₱156.57. Its value reflects Bahrain’s oil wealth and stable monetary policies.
10. The Saudi Riyal (SAR) – Oil-Backed Stability
Trading at ₱15.73, the riyal stays steady, thanks to its peg to the dollar and Saudi Arabia’s continued dominance in oil production.
11. The Brunei Dollar (BND) – Twin Strength With Singapore
At ₱45.31, the Brunei dollar mirrors Singapore’s performance, reflecting strong economic fundamentals and regional stability.
12. The Indonesian Rupiah (IDR) – Small but Steady
Don’t let the ₱0.0035 value fool you — Indonesia’s economy is growing fast, and its currency is gradually strengthening through steady exports and tourism.
13. The Thai Baht (THB) – Tourism’s Lifeline
Valued at ₱1.82, the Thai baht is recovering as tourism surges back to pre-pandemic levels. The comeback is slow, but steady.
14. The UAE Dirham (AED) – Middle East Confidence
At ₱16.06, the dirham remains solid. The UAE’s booming economy and global business appeal continue to lift its currency’s reputation.
15. The Euro (EUR) – Mixed but Resilient
The euro stands at ₱68.46. Europe’s battle with inflation and energy challenges has kept it fluctuating, but the eurozone’s long-term stability holds it in place.
Gold and Silver Shine Amid Currency Moves
Gold is currently buying at $3,959.65, while silver stands at $47.85 — both slightly up, showing investors’ continued flight toward safe assets.
The Big Picture
The peso may be facing global headwinds, but it’s holding up.
Behind the numbers is a reminder: currency strength reflects more than economics — it’s about confidence, resilience, and trust.
And today, the peso is still standing strong. 💪💰
