The Philippine peso continues to face pressure, with the Bangko Sentral ng Pilipinas (BSP) reference rate closing at ₱58.10 to $1 on October 3, 2025. This means every peso in your pocket buys just a little less today compared to previous months.
But what’s happening beyond the dollar? Let’s break down the top 15 global currencies and why they matter for Filipinos at home and abroad.
1. US Dollar (USD) – ₱58.15
The dollar stays strong. For overseas workers sending money home, this means more pesos for every remittance. But for importers, it means higher costs for fuel, food, and gadgets.
2. Japanese Yen (JPY) – ₱0.39
The yen remains weak, good news for Filipinos traveling or importing from Japan, but not so great for Japanese investors repatriating profits.
3. British Pound (GBP) – ₱78.18
One of the most expensive currencies, making it tough for students and workers in the UK, as living costs rise when converted back to pesos.
4. Hong Kong Dollar (HKD) – ₱7.47
Stable and directly tied to the US dollar. A lifeline for OFWs in Hong Kong, who continue to benefit from a strong conversion rate.
5. Swiss Franc (CHF) – ₱72.92
Known as a “safe haven” currency. Its strength means luxury goods and medicines from Switzerland cost more for Filipino consumers.
6. Canadian Dollar (CAD) – ₱41.64
A boost for OFWs in Canada as they send home bigger remittances. However, Filipinos studying in Canada may feel the pinch.
7. Singapore Dollar (SGD) – ₱45.12
The SGD stays strong, making Singapore one of the most rewarding places for OFWs when converting salaries into pesos.
8. Australian Dollar (AUD) – ₱38.35
Good news for families of OFWs in Australia — every dollar sent home stretches further in the Philippines.
9. Bahraini Dinar (BHD) – ₱154.26
Still the highest-valued currency in the world. Filipinos in Bahrain are sending home some of the biggest remittance amounts.
10. Kuwaiti Dinar (KWD) – Data not available
Usually even stronger than the Bahraini dinar, but no updated figures were posted this day.
11. Saudi Riyal (SAR) – ₱15.50
With hundreds of thousands of OFWs in Saudi, this rate makes the Riyal one of the most important lifelines for Filipino families.
12. Brunei Dollar (BND) – ₱44.95
Closely tied to the Singapore dollar, making Brunei another strong remittance hub.
13. Indonesian Rupiah (IDR) – ₱0.0035
Still one of the weakest currencies. For Filipinos traveling to Indonesia, your peso goes much further here.
14. Thai Baht (THB) – ₱1.79
A regional neighbor’s currency that remains stronger than the peso, highlighting differences in economic resilience.
15. UAE Dirham (AED) – ₱15.83
With millions of Filipinos working in Dubai and Abu Dhabi, the Dirham is a major source of household income across the Philippines.
What This Means for You
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OFWs win big — a stronger dollar, riyal, and dirham mean bigger remittances.
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Consumers lose — imported goods, fuel, and tuition abroad all get pricier.
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Peso under pressure — as the BSP continues to defend it, Filipinos are left hoping inflation stays under control.
At the end of the day, currencies aren’t just numbers on a chart. They decide the cost of your groceries, your electricity, your children’s tuition, and the savings you send back home.
