Have you ever wondered how much your money is worth compared to other countries? The Bangko Sentral ng Pilipinas (BSP) just released the latest exchange rates, and here’s what’s happening with the top 15 currencies!
What’s Going On?
Every day, money’s value changes because of supply and demand. The stronger a currency is, the more you can buy with it. Today, the Philippine peso (PHP) is trading at ₱57.399 for $1 USD, meaning if you have $100, you get ₱5,739 in exchange. Let’s check how other major currencies compare!
Top 15 Currencies & Their Exchange Rates Against PHP
1. US Dollar (USD) – ₱57.399 per $1
2. Japanese Yen (JPY) – ₱0.383 per ¥1
3. British Pound (GBP) – ₱74.3087 per £1
4. Hong Kong Dollar (HKD) – ₱7.3828 per HK$1
5. Swiss Franc (CHF) – ₱65.0413 per ₣1
6. Canadian Dollar (CAD) – ₱40.1954 per C$1
7. Singapore Dollar (SGD) – ₱42.9923 per S$1
8. Australian Dollar (AUD) – ₱36.1786 per A$1
9. Bahraini Dinar (BHD) – ₱152.2964 per BD1 10. Kuwaiti Dinar (KWD) – Not available today
11. Saudi Riyal (SAR) – ₱15.3003 per SR1
12. Brunei Dollar (BND) – ₱42.8319 per B$1 13. Indonesian Rupiah (IDR) – ₱0.0034 per Rp1
14. Thai Baht (THB) – ₱1.6914 per ฿1
15. UAE Dirham (AED) – ₱15.6277 per د.إ1
What Does This Mean for You?
If you’re traveling, exchange rates help you know how much your money is worth abroad. If you’re sending or receiving money, these rates affect how much your family or friends will get. If you’re a business owner, knowing these rates helps with imports, exports, and international payments.
Did you know? The BSP Buying Rate today is ₱57.350 and the Selling Rate is ₱57.850, meaning banks and money changers can buy or sell at different prices.
Currency rates change daily, so always check before making any big transactions!
