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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

04 Apr 2026 • 01:03 GMT

SGD/PHP 46.95

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: 46.2560 – 47.0800
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, SGD/PHP is trading near recent highs, holding above its 3-month average and supported by balanced risk sentiment. The pair remains within its recent range, with no clear trend emerging due to subdued risk appetite and external uncertainties. Near-term conditions suggest the pair may stay sideways, with macro factors preventing strong directional moves.

💸 Transfer implications

  • Expats: sending money to the Philippines may find current conditions slightly more favourable than recent levels.
  • Travellers: exchanging currencies might experience stable rates that could support small exchanges.
  • Businesses: paying PHP invoices using SGD may face limited benefits or costs, with conditions unlikely to shift significantly soon.

🧭 Key drivers

  • Rate gap: SGD is influenced by expectations of MAS policy adjustments and oil prices; it’s trading 1.5% above its 3-month average.
  • Risk/commodities: The market remains supported by both currencies operating in a range, with no dominant risk-off flow.
  • Global factors: External shocks and external uncertainties keep risk sentiment neutral, preventing a strong directional bias.

⚠️ What could change it

  • Upside risk: Positive shifts in global risk appetite or oil prices could push SGD higher.
  • Downside risk: Renewed risk aversion or geopolitical tensions might weaken SGD further.

Comparing FX providers may help offset less favourable exchange conditions, and shopping around for lower margins can 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 =
47.10We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d−0.4%▼
SGD to PHP is at 7-day lows near 46.77, 1.1% above its 3-month average of 46.29, having traded in a very stable 3.6% range from 45.44 to 47.08
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  1 PHP = 0.021230 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
23 Mar 2026
46.69
0.8% ▲2 Week
06 Jan 2026
46.29
1.7% ▲3 Month
06 Apr 2025
42.59
10.5% ▲1 Year
07 Apr 2021
36.28
29.8% ▲5 Year
08 Apr 2016
34.19
37.7% ▲10 Year
11 Apr 2006
31.70
48.5% ▲20 Year
SGD/PHP historic rates & change to 06-Apr-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