Do you know how much your peso is worth compared to other countries’ money? It’s important to understand this when traveling, buying things from other countries, or saving money. Let’s take a closer look at the top 15 currencies and how they compare to the Philippine peso.
What’s Happening with the Philippine Peso Today?
As of April 7, 2025, the Bangko Sentral ng Pilipinas (BSP) has shared the exchange rates for some of the world’s top currencies. These rates show how much one unit of foreign currency is worth in Philippine pesos. Here’s a quick breakdown of the exchange rates for the top 15 currencies:
-
United States Dollar (USD)
-
1 USD = ₱56.85
-
The US dollar is one of the strongest currencies in the world.
-
-
Japanese Yen (JPY)
-
1 JPY = ₱0.39
-
The yen is much smaller compared to the peso.
-
-
United Kingdom Pound (GBP)
-
1 GBP = ₱73.04
-
The pound is much stronger than the peso, worth more than ₱70 for just one pound.
-
-
Hong Kong Dollar (HKD)
-
1 HKD = ₱7.31
-
The HK dollar is not as strong as the US dollar but still worth a good amount.
-
-
Swiss Franc (CHF)
-
1 CHF = ₱66.46
-
The Swiss franc is a strong currency, mostly used in Switzerland.
-
-
Canadian Dollar (CAD)
-
1 CAD = ₱39.89
-
The Canadian dollar is a bit stronger than the peso.
-
-
Singapore Dollar (SGD)
-
1 SGD = ₱42.25
-
The Singapore dollar is more valuable than the peso.
-
-
Australian Dollar (AUD)
-
1 AUD = ₱34.13
-
The Australian dollar is also stronger than the peso.
-
-
Bahrain Dinar (BHD)
-
1 BHD = ₱150.82
-
The Bahrain dinar is one of the strongest currencies in the world!
-
-
Kuwait Dinar (KWD)
-
KWD doesn’t have a listed exchange rate, but it is also one of the strongest currencies, often worth more than $3 for 1 unit.
-
-
Saudi Riyal (SAR)
-
1 SAR = ₱15.15
-
The Saudi riyal is used in Saudi Arabia and is a middle-strength currency.
-
-
Brunei Dollar (BND)
-
1 BND = ₱42.10
-
The Brunei dollar is equal to the Singapore dollar, showing it’s a good amount stronger than the peso.
-
-
Indonesian Rupiah (IDR)
-
1 IDR = ₱0.0034
-
The Indonesian rupiah is much weaker compared to the Philippine peso.
-
-
Thai Baht (THB)
-
1 THB = ₱1.65
-
The Thai baht is about ₱1.65 for every baht.
-
-
United Arab Emirates Dirham (AED)
-
1 AED = ₱15.48
-
The UAE dirham is similar in strength to the Saudi riyal.
-
How Does This Affect You?
Understanding the exchange rate helps us plan for travel or invest in goods from other countries. If you want to buy things from abroad, knowing how much your peso is worth will help you decide how much money you need. Strong currencies like the pound or Bahrain dinar mean it’s more expensive to buy from those countries.
For example, if you travel to the United States, you’ll need more pesos because 1 US dollar is worth ₱56.85. But if you go to Thailand, you’ll need fewer pesos since 1 Thai baht is worth just ₱1.65.
Why Are Exchange Rates Important?
Exchange rates also affect businesses and how much it costs to import or export things. A stronger peso means it’s easier for us to buy things from other countries. But a weaker peso makes it harder because we need more pesos to buy the same items.