August 28, 2025 – Manila. The Bangko Sentral ng Pilipinas (BSP) released its latest reference exchange rates, and the Philippine peso is holding at ₱57.10 against the U.S. dollar. While stable compared to yesterday, movements across the world’s top currencies tell a bigger story about how global markets are shifting.
Let’s break down what’s happening with the top 15 currencies today:
1. US Dollar (USD – ₱57.10)
The dollar remains the anchor. At ₱57.10, it’s steady, reminding us how strong the greenback continues to be despite global uncertainties.
2. Japanese Yen (JPY – ₱0.39)
The yen stays weak at less than 40 centavos per yen. For travelers, Japan feels affordable, but it also shows Japan’s economy is still struggling with deflationary pressures.
3. British Pound (GBP – ₱77.09)
The pound is flexing muscle at ₱77.09 per £1. This makes studying or shopping in the UK more expensive for Filipinos—but great news for OFWs sending money home.
4. Hong Kong Dollar (HKD – ₱7.33)
The HK dollar is steady at ₱7.33. With thousands of OFWs in Hong Kong, this remains one of the most closely watched rates.
5. Swiss Franc (CHF – ₱71.19)
Known as a “safe-haven” currency, the franc is strong at ₱71.19. Investors continue to view Switzerland as a refuge during global uncertainty.
6. Canadian Dollar (CAD – ₱41.41)
At ₱41.41, the Canadian dollar is slightly softer. This helps Filipinos sending remittances from Canada stretch their money less than before.
7. Singapore Dollar (SGD – ₱44.42)
Singapore’s currency stays strong at ₱44.42. With many professionals working there, families back home benefit greatly from the high conversion rate.
8. Australian Dollar (AUD – ₱37.12)
The Aussie dollar trades at ₱37.12. It’s lower compared to major currencies, reflecting Australia’s cooling economy, but still favorable for OFWs in Sydney and Melbourne.
9. Bahraini Dinar (BHD – ₱151.48)
The most powerful currency in today’s list: ₱151.48 per dinar. This shows how strong the Middle East’s oil-rich economies remain. OFWs in Bahrain are among the highest remitters.
10. Kuwaiti Dinar (KWD – N/A)
No rate was released today. Normally, the Kuwaiti dinar is one of the strongest currencies in the world, often above ₱180.
11. Saudi Riyal (SAR – ₱15.22)
At ₱15.22 per riyal, the Saudi currency remains stable. With hundreds of thousands of Filipinos working there, this is a lifeline for many families.
12. Brunei Dollar (BND – ₱44.25)
At ₱44.25, the Brunei dollar mirrors Singapore’s strength, reflecting the country’s stable oil-based economy.
13. Indonesian Rupiah (IDR – ₱0.0035)
Still among the weakest. One peso equals nearly 285 rupiah, highlighting how Indonesia’s currency has long struggled against stronger economies.
14. Thai Baht (THB – ₱1.76)
The baht holds steady at ₱1.76. While not as strong as the peso, Thailand’s stable tourism sector keeps it afloat.
15. UAE Dirham (AED – ₱15.55)
At ₱15.55, the dirham remains a key remittance currency. Millions of Filipinos in Dubai and Abu Dhabi rely on its steady strength.
The Bigger Picture
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Peso’s Reference Rate: ₱57.15 per dollar, close to yesterday’s closing rate of ₱57.16.
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Gold Buying Price: $3,395.20 per ounce — showing global demand for safe-haven assets.
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Silver Buying Price: $38.60 per ounce.
The message is clear: while the peso remains stable, global currencies are moving with different stories of strength, struggle, and survival. For OFWs and families back home, these numbers aren’t just figures—they decide how much food, tuition, and dreams can be funded every single day.
