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Understanding Today’s Forex Rates: March 20 2025 - Pinas Times

Understanding Today’s Forex Rates: March 20 2025

Exchange rates tell us how much one country’s money (currency) is worth compared to another. For example, if you want to exchange Philippine pesos (PHP) for U.S. dollars (USD), today 1 dollar = 57.24 pesos. This means if you have ₱5,724, you’ll get $100 in return.

The value of money goes up and down every day because of many things, like trade, demand, and global events. That’s why banks and businesses keep track of these changes.


📊 Today’s Exchange Rates for the Top 15 Currencies

Here’s how much 1 unit of each currency is worth today compared to the U.S. Dollar (USD) and Philippine Peso (PHP):

1️⃣ 🇺🇸 U.S. Dollar (USD) – $1 = ₱57.24
2️⃣ 🇯🇵 Japanese Yen (JPY) – ¥1 = ₱0.38
3️⃣ 🇬🇧 British Pound (GBP) – £1 = ₱74.47
4️⃣ 🇭🇰 Hong Kong Dollar (HKD) – HK$1 = ₱7.37
5️⃣ 🇨🇭 Swiss Franc (CHF) – CHF1 = ₱65.22
6️⃣ 🇨🇦 Canadian Dollar (CAD) – C$1 = ₱39.98
7️⃣ 🇸🇬 Singapore Dollar (SGD) – S$1 = ₱43.04
8️⃣ 🇦🇺 Australian Dollar (AUD) – A$1 = ₱36.38
9️⃣ 🇧🇭 Bahraini Dinar (BHD) – BD1 = ₱151.89 (💰 Super high value!)
🔟 🇰🇼 Kuwaiti Dinar (KWD) – Not available today
1️⃣1️⃣ 🇸🇦 Saudi Riyal (SAR) – SR1 = ₱15.26
1️⃣2️⃣ 🇧🇳 Brunei Dollar (BND) – B$1 = ₱42.87
1️⃣3️⃣ 🇮🇩 Indonesian Rupiah (IDR) – Rp1 = ₱0.0035 (🪙 Very low value)
1️⃣4️⃣ 🇹🇭 Thai Baht (THB) – ฿1 = ₱1.70
1️⃣5️⃣ 🇦🇪 UAE Dirham (AED) – AED1 = ₱15.59


💡 What Does This Mean for You?

✔ If you’re sending money abroad, check the exchange rate so you get the best deal.
✔ If you’re traveling, convert your money when the rate is in your favor.
✔ If you’re a business owner, exchange rates can affect import/export prices.

The highest-valued currency today is the Bahraini Dinar (BHD) at ₱151.89 per 1 BD, while the lowest is the Indonesian Rupiah (IDR) at only ₱0.0035 per 1 IDR.


📢 Extra Info You Should Know

🔹 Gold Price Today$3,054 per ounce 🏆
🔹 Silver Price Today$33.85 per ounce 🥈
🔹 BSP Buying Rate₱57.05 per $1
🔹 BSP Selling Rate₱57.55 per $1
🔹 PDS Closing Rate (March 19, 2025)₱57.30 per $1


🚀 Why Do Exchange Rates Change?

Exchange rates go up and down based on:
📈 Supply & Demand – If more people want dollars, the peso weakens.
🌎 World Events – Wars, inflation, and big economic changes can affect money value.
🏦 Government Decisions – Banks like BSP control interest rates, which affect money value.


💬 Final Question: Is the Peso Getting Stronger or Weaker?

Today, the peso is at ₱57.24 per $1, meaning it’s still a bit weak compared to before. If you have dollars, this might be a good time to exchange them for pesos. But if you’re buying dollars, you might want to wait and see if the peso gets stronger.

Stay updated and make smart money moves! 💰💡

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