Loading...

Home pages - full list (A-Z)

SGD/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 transactions as shown below.

 

SGD/PHP Exchange Rates and Providers Compared

This guide to the Singapore Dollar to Philippine Peso exchange rate with 90-day chart & alerts, historic rates, forecasts and SGD to PHP comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the SGD/PHP Calculator.

My Favourites

SGD/PHP - 90 Day Rate Alerts

1 SGD = 37.8365 PHP

NO ALERTS for SGD/PHP
SGD/PHP over the last 90 days

View SGD/PHP - Interactive Chart

Exchange rates can 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.

 
Foreign Transfer ProvidersReceive PHP(₱)Exchange RateFee SGDTotal CostDeal Links
TransferWise logo
375,973 PHP37.79S$510.6%
OCBC Bank International Money Transfers
OCBC Bank logo
364,320 PHP36.8S$1003.68%
OFX logo
363,100 PHP36.310 for BER users (normally $15)4.01%
DBS Bank logo
359,053 PHP35.97185.08%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
357,804 PHP35.91185.41%
HSBC logo
355,466 PHP35.6S$156.03%
Citibank International Money Transfers
Citibank logo
352,377 PHP35.28126.84%
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
 

TransferWise logo

TransferWise: Foreign Transfer SGD→PHP
From Amount:10,000 SGD
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:37.79 (0.09% from mid-rate)
To Amount:375,973 PHP
Total Cost:0.6%
Time:1:09 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

OCBC Bank logo

OCBC Bank: Foreign Transfer SGD→PHP
From Amount:10,000 SGD
Fee:S$100 SGD (1%)
Exchange Rate:36.8 (2.71% from mid-rate)
To Amount:364,320 PHP
Total Cost:3.68%
Difference:
11,653 PHP less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer SGD→PHP
From Amount:10,000 SGD
Fee:0 for BER users (normally $15)
Exchange Rate:36.31 (4.01% from mid-rate)
To Amount:363,100 PHP
Total Cost:4.01%
Difference:
12,873 PHP less than using TransferWise
Time:
Rate Fetched: Sun Sep 22 2019 00:15:27 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

DBS Bank logo

DBS Bank: Foreign Transfer SGD→PHP
From Amount:10,000 SGD
Fee:18
Exchange Rate:35.97 (4.91% from mid-rate)
To Amount:359,053 PHP
Total Cost:5.08%
Difference:
16,920 PHP less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer SGD→PHP
From Amount:10,000 SGD
Fee:18
Exchange Rate:35.68 (5.67% from mid-rate)
To Amount:357,804 PHP
Total Cost:5.41%
Difference:
18,169 PHP less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logo

HSBC: Foreign Transfer SGD→PHP
From Amount:10,000 SGD
Fee:S$15 SGD (.15%)
Exchange Rate:35.6 (5.88% from mid-rate)
To Amount:355,466 PHP
Total Cost:6.03%
Difference:
20,507 PHP less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer SGD→PHP
From Amount:10,000 SGD
Fee:12
Exchange Rate:35.28 (6.73% from mid-rate)
To Amount:352,377 PHP
Total Cost:6.84%
Difference:
23,596 PHP less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

WorldRemit logo

WorldRemit: Foreign Transfer SGD→PHP
From Amount:10,000 SGD
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 09/22/2019 - See full table

SGD / PHP converter & margin calculator

S$SGD
₱PHP
mid-rates

Compare how much you can save on SGD/PHP exchange rates for:

Foreign Transfers

Foreign Transfers Travel Money

Singapore Dollar

Philippine Peso

1 SGD 37.84 PHP
5 SGD 189.18 PHP
10 SGD 378.37 PHP
20 SGD 756.73 PHP
50 SGD 1,891.83 PHP
100 SGD 3,783.65 PHP
250 SGD 9,459.13 PHP
500 SGD 18,918.25 PHP
1,000 SGD 37,836.50 PHP
2,000 SGD 75,673.00 PHP
5,000 SGD 189,182.50 PHP
10,000 SGD 378,365.00 PHP
50,000 SGD 1,891,825.00 PHP
100,000 SGD 3,783,650.00 PHP
See more

Singapore Dollar

Philippine Peso

0.0264 SGD 1 PHP
0.1321 SGD 5 PHP
0.2643 SGD 10 PHP
0.5286 SGD 20 PHP
1.3215 SGD 50 PHP
2.6429 SGD 100 PHP
6.6073 SGD 250 PHP
13.21 SGD 500 PHP
26.43 SGD 1,000 PHP
52.86 SGD 2,000 PHP
132.15 SGD 5,000 PHP
264.29 SGD 10,000 PHP
1,321.45 SGD 50,000 PHP
2,642.90 SGD 100,000 PHP
See more
Country Guides (SGD & PHP)
PhilippinesPhilippines (PHP)SingaporeSingapore (SGD)

SGD/PHP - Historical Trends

This table shows historic rates and trends of Singapore Dollar to Philippine Peso over periods upto 10 years.

PeriodChange*SGD/PHPDate
1 Day-0.2%37.918419 Sep 2019
7 Day+0.1%37.773313 Sep 2019
30 Day+0.3%37.722821 Aug 2019
3 Month-0.1%37.868522 Jun 2019
1 Year-4.5%39.623420 Sep 2018
5 Year+7.5%35.170621 Sep 2014
10 Year+12.4%33.647122 Sep 2009

*For period to 20-Sep 21UTC when SGD/PHP was 37.8258

You can use our SGD interactive charts to check SGDPHP historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

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.

Why can't I just get the SGD/PHP market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the SGD / PHP was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however 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.

We help you Compare & Save Money on Exchange Rates.

 

View all SGD Exchange Rates