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SGD to PHP Forecasts – Singapore dollar to Philippine peso

Latest SGD to PHP forecasts including bank predictions, key market drivers and recent trends for SGD/PHP. See where analysts expect the pair to move and the factors likely to influence it.

 

SGD to PHP Forecast & Outlook

02 May 2026 • 01:13 GMT

SGD/PHP 48.18

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 47.3370 – 48.1800
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, SGD/PHP is trading close to its 90-day highs around 48.18, supported by risk-off sentiment steering safe-haven flows into SGD. Over the next few sessions, the pair may remain supported near recent highs but could face pressure if risk conditions ease or global risk appetite improves.

💸 Transfer implications

  • Expats: sending money to the Philippines may find rates less favourable than recent levels if the pair declines.
  • Travellers: exchanging currency might see costs slightly rise if SGD weakens.
  • Businesses: paying Philippine Peso invoices with SGD could face less favourable exchange rates if the pair dips.

🧭 Key drivers

  • Rate gap: The BSP maintains policy neutrality, and the SGD to PHP is near its 90-day average, with a modest yield advantage.
  • Risk/commodities: Global risk aversion and geopolitical tensions continue to support safe-haven currencies.
  • Global factors: Overall risk sentiment remains under pressure, driven by geopolitical risks and cautious macroeconomic signals.

⚠️ What could change it

  • Upside risk: A reduction in global risk aversion or easing geopolitical tensions could weaken safe-haven flows, supporting SGD.
  • Downside risk: Further escalation of tensions or a stronger USD could push SGD lower against PHP.

BER suggestions: Comparing FX providers may help offset less favourable exchange conditions and find options with lower margins, reducing total transfer costs.

SGD-PHP Rate Calculator

 
 
   
   
   
   
   
 
 

SGD to PHP Market Data

Singapore dollar (SGD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell SGD   →   Buy PHP
1 SGD =
48.09We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d0.0%⬦
90dHighs◓
SGD to PHP is at 90-day highs near 48.18, 3.3% above its 3-month average of 46.6, having traded in a quite stable 6.0% range from 45.44 to 48.18
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  1 PHP = 0.020793 SGD

Compare & Save - Singapore dollar to Philippine peso

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Singapore dollar (SGD) to Philippine peso (PHP) rates from different sources before making a conversion.

Use our SGD to PHP calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Singapore dollar to Peso currency rates and the possible savings of using various providers.

 
 

Will the Singapore dollar rise against the Philippine peso?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Singapore dollar vs Philippine peso current value is to look the SGD/PHP historic rate and change over a range of periods.

The following table looks at the change in the SGD to PHP exchange rate over periods from the previous week back to the last 10 years.

DateSGD/PHPChangePeriod
17 Apr 2026
46.89
2.6% ▲2 Week
31 Jan 2026
46.38
3.8% ▲3 Month
01 May 2025
42.62
12.9% ▲1 Year
02 May 2021
36.24
32.8% ▲5 Year
03 May 2016
34.77
38.4% ▲10 Year
06 May 2006
32.73
47% ▲20 Year
SGD/PHP historic rates & change to 01-May-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add SGD/PHP to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more