The Bangko Sentral ng Pilipinas (BSP) has released the latest exchange rates for March 18, 2025. This update shows how much the Philippine Peso (PHP) is worth compared to 15 major world currencies.
What is the Exchange Rate?
Exchange rates tell us how much one country’s money is worth compared to another. If you’re an OFW sending money home or planning a trip abroad, this will help you understand the value of your pesos!
TOP 15 CURRENCIES & THEIR PESO VALUE
1 US Dollar (USD) = PHP 57.237
The US dollar remains strong, making imports from the USA more expensive.
1 Japanese Yen (JPY) = PHP 0.3838
The yen is weaker compared to other major currencies, meaning Japanese goods may be cheaper for Filipinos.
1 British Pound (GBP) = PHP 74.3623
The pound is one of the most expensive currencies. If you’re traveling to the UK, expect higher exchange costs.
1 Hong Kong Dollar (HKD) = PHP 7.3667
Many OFWs work in Hong Kong. A stronger HKD means more pesos when sending money home!
1 Swiss Franc (CHF) = PHP 64.9756
The Swiss franc is strong because Switzerland has a very stable economy.
1 Canadian Dollar (CAD) = PHP 40.0623
Canada’s economy remains steady, making CAD a good currency for remittances.
1 Singapore Dollar (SGD) = PHP 43.0515
Singapore has a strong economy, and many Filipinos work there.
1 Australian Dollar (AUD) = PHP 36.5287
The AUD is lower than the USD but still strong in global trade.
1 Bahrain Dinar (BHD) = PHP 151.8827
The Bahraini dinar is one of the most valuable currencies in the world!
1 Saudi Riyal (SAR) = PHP 15.2616
The SAR is important because many OFWs work in Saudi Arabia.
1 Brunei Dollar (BND) = PHP 42.8902
Similar to Singapore’s currency, since their economies are closely linked.
1 Indonesian Rupiah (IDR) = PHP 0.0035
Indonesia’s currency is valued much lower than the peso.
1 Thai Baht (THB) = PHP 1.7040
Thailand’s economy is similar to the Philippines, making the exchange rate close.
1 UAE Dirham (AED) = PHP 15.5857
Many Filipinos work in the UAE, making this an important exchange rate for remittances.
Kuwaiti Dinar (KWD) = N/A
The Kuwaiti dinar is usually one of the highest-valued currencies, but no rate was given today.
What This Means for You
Weaker Peso (Higher PHP per USD) = Imported goods cost more, remittances bring in more pesos.
Stronger Peso (Lower PHP per USD) = Imports become cheaper, but OFWs get fewer pesos for their money.
Gold prices remain high at $3,001 per ounce, while silver is at $33.75 per ounce.
Exchange rates change every day, so if you’re planning to exchange money, invest, or send remittances, check regularly!