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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

16 May 2026 • 01:04 GMT

SGD/PHP 48.11

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 47.5630 – 48.4100
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, SGD/PHP is trading close to its recent highs within a stable range, supported by risk-off conditions and elevated oil prices. Over the next few sessions, the pair may remain supported but face downward pressure if risk sentiment shifts or the pair declines below recent support levels.

💸 Transfer implications

  • Expats: sending money to the Philippines may find current levels relatively favourable but could see less benefit if the pair weakens.
  • Travellers: exchanging cash or loading cards may encounter slightly less advantageous rates if the pair declines.
  • Businesses: paying Philippine Peso invoices with SGD might experience marginally increased costs if the pair continues to weaken.

🧭 Key drivers

  • Rate gap: The SGD-PHP yield differential remains narrow, with limited policy divergence and the risk-off environment keeping pressure on the pair.
  • Risk/commodities: Global market volatility driven by geopolitical tensions sustains risk-off sentiment, pressuring EMFX.
  • Global factors: Elevated oil prices due to geopolitical tensions are supporting the Singapore Dollar amid cautious MAS remarks.

⚠️ What could change it

  • Upside risk: A reduction in geopolitical tensions or oil prices declining could support the pair.
  • Downside risk: Further escalation in risk aversion or weakening global growth may push the pair lower.

BER suggests shopping around for the lowest margin provider may help reduce overall 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 =
48.10We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d−0.2%▼
SGD to PHP at 48.11 is 2.6% above its 3-month average of 46.89, having traded in a relatively stable 6.5% range from 45.44 to 48.41
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  1 PHP = 0.020788 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
01 May 2026
48.16
0.2% ▲2 Week
14 Feb 2026
45.78
5.4% ▲3 Month
15 May 2025
42.98
12.3% ▲1 Year
16 May 2021
35.81
34.8% ▲5 Year
17 May 2016
33.95
42.2% ▲10 Year
20 May 2006
33.20
45.4% ▲20 Year
SGD/PHP historic rates & change to 15-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