The Bangko Sentral ng Pilipinas (BSP) released its Reference Exchange Rate Bulletin for September 29, 2025 — and the numbers show just how the Philippine peso is moving against the world’s top currencies.
At the center of it all is the US dollar, still the strongest benchmark for trade and remittances. The peso closed at ₱58.25 per dollar, showing how every small movement affects overseas workers, importers, and families waiting for dollar remittances.
Let’s break down the story of the top 15 currencies today:
1. US Dollar (USD)
The dollar remains king. At ₱58.25, it continues to put pressure on the peso, reminding us how global demand keeps America’s currency strong.
2. Japanese Yen (JPY)
The yen traded at ₱0.39, showing weakness compared to the dollar. This is good news for importers of Japanese goods, but tough for exporters.
3. British Pound (GBP)
The pound surged at ₱78.11 — one of the strongest currencies today. For OFWs in the UK, every pound sent home packs a heavy punch.
4. Hong Kong Dollar (HKD)
At ₱7.48, the HK dollar remains a steady currency. With so many Filipinos working in Hong Kong, this rate directly impacts household incomes.
5. Swiss Franc (CHF)
Trading at ₱73.08, the franc proves once again why it’s considered a “safe haven” currency. Investors run to Switzerland in uncertain times.
6. Canadian Dollar (CAD)
The loonie stood at ₱41.80. Not as strong as the pound or franc, but still a reliable currency for thousands of OFWs in Canada.
7. Singapore Dollar (SGD)
At ₱45.08, the Singapore dollar remains a powerhouse in Asia. For Filipinos working there, every remittance stretches further back home.
8. Australian Dollar (AUD)
The Aussie closed at ₱38.13. While not as high as other major currencies, it still shows strength in the Asia-Pacific region.
9. Bahrain Dinar (BHD)
The surprise winner — at a massive ₱154.52 per dinar. The Bahrain dinar is one of the world’s most expensive currencies, making OFW remittances from Bahrain incredibly valuable.
10. Kuwaiti Dinar (KWD)
Data for the Kuwaiti dinar was not available in this bulletin. But historically, it remains the world’s strongest currency, often trading higher than the Bahrain dinar.
11. Saudi Riyal (SAR)
At ₱15.53, the Saudi riyal is significant for millions of OFWs. Every riyal sent home matters deeply to Filipino families.
12. Brunei Dollar (BND)
Nearly identical to the Singapore dollar, the Brunei dollar stood at ₱44.90. Both currencies are closely tied in value.
13. Indonesian Rupiah (IDR)
At ₱0.0035, the rupiah looks weak compared to the peso. Still, Indonesia’s growing economy means it cannot be ignored in regional trade.
14. Thai Baht (THB)
The baht traded at ₱1.80, showing resilience in Southeast Asia. It reflects Thailand’s steady tourism and manufacturing-driven economy.
15. UAE Dirham (AED)
At ₱15.86, the UAE dirham holds strong. With Dubai and Abu Dhabi home to countless OFWs, this currency remains one of the most vital lifelines for Filipino families.
What It Means for Filipinos
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OFWs in Europe and the Middle East are sending home stronger remittances, especially those paid in pounds, francs, dinars, and dirhams.
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Importers may feel the pinch as the strong dollar makes foreign goods more expensive.
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Families waiting for remittances will see mixed effects depending on the country where their loved ones work.
For now, the peso continues to dance with the dollar — sometimes stronger, often weaker. But in every shift of a decimal point, millions of Filipino lives are directly touched.
