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SGD to PHP - Rate Guide

Singapore Dollar to Philippine Peso exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 SGD = 36.5 PHP

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SGD to PHP - Trading Range (90 Day)
90-DAY LOW (5d)
SGD/PHP at 36.47 was trading 2.1% below the 90-day average 37.25 with a range 36.28 to 37.88. There are no current rate alerts.
24-FEB 5PM-NY 10PM-LON | 25-Feb 9AM-SYD

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Quick Conversions from Singapore Dollar to Philippine Peso

SGD

PHP

S$ 1
36.50
S$ 5
182.50
S$ 10
365.00
S$ 20
730.00
S$ 50
1,825
S$ 100
3,650
S$ 250
9,125
S$ 500
18,250
S$ 1,000
36,500
S$ 2,000
73,000
S$ 5,000
182,500
S$ 10,000
365,000
S$ 50,000
1,825,000
S$ 100,000
3,650,000
More amounts

SGD

PHP

S$ 0.0274
1
S$ 0.1370
5
S$ 0.2739
10
S$ 0.5479
20
S$ 1.3697
50
S$ 2.7394
100
S$ 6.8485
250
S$ 13.70
500
S$ 27.39
1,000
S$ 54.79
2,000
S$ 136.97
5,000
S$ 273.94
10,000
S$ 1,370
50,000
S$ 2,739
100,000
More amounts

To calculate specific SGD/PHP amounts use our Convert SGD to PHP quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for SGD/PHP International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

SGD to PHP International Money Transfers

  

Foreign Transfer ProvidersReceive PHP(₱)Exchange RateFee SGDTotal CostDeal Links
TransferWise logo
362,14436.4S$510.6%
OFX logo
351,70035.170 for BER users (normally $15)3.47%
OCBC Bank International Money Transfers
OCBC Bank logo
350,95535.45S$1003.68%
DBS Bank logo
347,67334.83184.58%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
346,02534.73185.03%
HSBC logo
344,28334.48S$155.51%
Citibank International Money Transfers
Citibank logo
341,19034.16126.36%
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
 
TransferWise logo
TransferWise: Foreign Transfer SGD→PHP
From Amount (SGD)S$10,000
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:36.4 (0.09% from mid-rate)
To Amount (PHP)362,144
Total Cost:0.6%
Time:1:13 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer SGD→PHP
From Amount (SGD)S$10,000
Fee:0 for BER users (normally $15)
Exchange Rate:35.17 (3.47% from mid-rate)
To Amount (PHP)351,700
Total Cost:3.47%
Difference:
₱10,444 PHP less than using TransferWise
Time:
Rate Fetched: Tue Feb 25 2020 00:15:48 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer SGD→PHP
From Amount (SGD)S$10,000
Fee:S$100 SGD (1%)
Exchange Rate:35.45 (2.7% from mid-rate)
To Amount (PHP)350,955
Total Cost:3.68%
Difference:
₱11,189 PHP less than using TransferWise
Time:1:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
DBS Bank logo
DBS Bank: Foreign Transfer SGD→PHP
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:34.83 (4.4% from mid-rate)
To Amount (PHP)347,673
Total Cost:4.58%
Difference:
₱14,471 PHP less than using TransferWise
Time:1:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer SGD→PHP
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:34.55 (5.17% from mid-rate)
To Amount (PHP)346,025
Total Cost:5.03%
Difference:
₱16,119 PHP less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer SGD→PHP
From Amount (SGD)S$10,000
Fee:S$15 SGD (.15%)
Exchange Rate:34.48 (5.36% from mid-rate)
To Amount (PHP)344,283
Total Cost:5.51%
Difference:
₱17,861 PHP less than using TransferWise
Time:1:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer SGD→PHP
From Amount (SGD)S$10,000
Fee:12
Exchange Rate:34.16 (6.24% from mid-rate)
To Amount (PHP)341,190
Total Cost:6.36%
Difference:
₱20,954 PHP less than using TransferWise
Time:1:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer SGD→PHP
From Amount (SGD)S$10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 02/25/2020 - View latest rates
 

Country Guides (SGD & PHP)

PhilippinesPhilippines (PHP)SingaporeSingapore (SGD)

SGD and PHP in the Markets

When determining the best time to make a foreign exchange transaction, in this case the SGD vs PHP, you should pay attention to the recent market trends for both currencies.

Singapore Dollar (SGD)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

 

Philippine Peso (PHP)

It’s been a solid start to 2019 for the Philippine peso, which is up slightly (between 0.6 and 2 percent) against the US dollar, Australian dollar and euro. The peso has rebounded from 13-year lows struck in the fourth quarter of last year courtesy of economic reforms, proposed fiscal spending and an S&P credit rating upgrade.

The peso slipped in the week leading up to May’s Bangko Sentral ng Pilipinas meeting, with traders correctly forecasting an interest rate cut (the first since 2016). The BSP is able to lower rates because inflation has halved over the past 6 months and is back at targeted levels.

The peso steadied post-BSP at levels near 52.2 per USD but might be pressured in the months ahead from further policy easing, which hasn’t been ruled out.

Per an ING analyst, the BSP will be comfortable with peso exchange rates between 52 and 55 per USD, but beyond these levels they might intervene in markets. ING is forecasting USD/PHP at 54 at year-end.


How to get Best SGD to PHP Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

What is a good SGD to PHP exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the SGD to PHP exchange rate to the present day for periods going back upto 10 years.

PeriodChange*SGD/PHPDate
1 Day+0.4%36.330223 Feb 2020
7 Day+0.2%36.391117 Feb 2020
30 Day-3%37.613525 Jan 2020
3 Month-2.2%37.278626 Nov 2019
1 Year-5.3%38.514424 Feb 2019
5 Year+12.1%32.531025 Feb 2015
10 Year+11.2%32.789626 Feb 2010

*For period to 24-Feb 21UTC when SGD/PHP was 36.4683

When is the best time to exchange SGD to PHP?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all SGD Exchange Rates