September 26, 2025 — The Bangko Sentral ng Pilipinas (BSP) released its latest exchange rate bulletin, and the numbers reveal a global market still under the weight of economic uncertainty. The Philippine peso closed with a reference rate of ₱58.10 per U.S. dollar, showing stability despite pressure from international movements.
But behind that number lies a bigger story. Around the world, currencies are shifting — some strengthening, others weakening — reflecting the ongoing tug-of-war in global trade, oil prices, and political tensions.
Let’s break down what’s happening with the top 15 currencies against the peso:
1. U.S. Dollar (USD) – ₱57.92
The dollar remains king. The peso is steady at just under ₱58, signaling resilience despite the greenback’s strength.
2. Japanese Yen (JPY) – ₱0.39
The yen continues to weaken, trading at less than 40 centavos. Japan’s loose monetary policy keeps pressure on its currency.
3. British Pound (GBP) – ₱77.29
The pound is strong. It costs Filipinos over ₱77 for a single pound, showing the UK currency’s solid standing.
4. Hong Kong Dollar (HKD) – ₱7.44
The HK dollar remains tightly pegged to the U.S. dollar, staying consistent with global market expectations.
5. Swiss Franc (CHF) – ₱72.42
The franc is strong and stable. Investors continue to treat Switzerland as a safe haven amid global tensions.
6. Canadian Dollar (CAD) – ₱41.57
The loonie trades at just above ₱41. Oil prices and Canada’s trade links with the U.S. play a major role here.
7. Singapore Dollar (SGD) – ₱44.77
The Singapore dollar remains firm. It reflects Singapore’s disciplined economic policies and regional strength.
8. Australian Dollar (AUD) – ₱37.83
The Aussie dollar is weaker compared to the Canadian and Singaporean dollars, pressured by China’s slowing economy.
9. Bahraini Dinar (BHD) – ₱153.62
The strongest in the basket. The Bahraini dinar is fueled by oil wealth, making it one of the most expensive currencies.
10. Kuwaiti Dinar (KWD) – N/A
No official rate published today, but historically the Kuwaiti dinar is the world’s highest-valued currency.
11. Saudi Riyal (SAR) – ₱15.44
Stable and tied closely to the U.S. dollar, important for the millions of overseas Filipino workers (OFWs) in Saudi Arabia.
12. Brunei Dollar (BND) – ₱44.60
Mirroring the Singapore dollar, the Brunei dollar stays steady, backed by petroleum exports and reserves.
13. Indonesian Rupiah (IDR) – ₱0.0035
The weakest among the list. It takes nearly 300 rupiah to match a peso, highlighting the contrast in regional economies.
14. Thai Baht (THB) – ₱1.80
The baht holds steady, reflecting Thailand’s tourism-driven economy and resilient exports.
15. UAE Dirham (AED) – ₱15.77
The dirham remains strong. With over a million Filipinos working in the UAE, this exchange rate matters deeply for OFWs sending money home.
The Bigger Picture
While the peso holds close to ₱58 per dollar, the global landscape shows sharp contrasts: strong Middle Eastern currencies like the dinar and dirham, solid Western currencies like the pound and franc, and weaker Asian counterparts like the yen and rupiah.
For OFWs, these numbers mean everything. A stronger host-country currency translates to more pesos for every remittance. For importers and exporters, exchange rates can tilt profit margins overnight.
The peso may be steady for now, but as oil prices, U.S. politics, and regional economies shift, the story could change quickly.
