Best SGD to PHP Exchange Rates - Compare & Save

In this Singapore dollar to Philippine peso guide:

1 SGD = PHP

SGD to PHP at 40.41 is 3.0% above its 90-day average 39.23 with range 37.52-40.61.

11-AUG 8AM-NY 1PM-LON 8PM-HK 10PM-SYD

Sell SGD → Buy PHP

Track Rate

1-DAY▲+0.5%

14-DAY▲HIGH

The Philippine peso has dropped 10 percent against the US dollar as the war in Ukraine causes a flight to safety.

PHP Outlook

Singapore dollar has risen against most currencies in 2022 (except the strong USD) as the Monetary Authority of Singapore (MAS) re-centered the currency band higher in April, to combat the rapidly raising rate of inflation in the island state.

Due to the city-state’s reliance on trade, unlike most central banks, the MAS uses currency intervention as its main economic management tool.

SGD Outlook

Date	SGD/PHP	Change	Period
27 Jul 2022	40.22	0.7% ▲	2 Week
12 May 2022	37.52	7.9% ▲	3 Month
10 Aug 2021	37.08	9.2% ▲	1 Year
11 Aug 2017	37.50	8% ▲	5 Year
12 Aug 2012	33.61	20.5% ▲	10 Year
15 Aug 2002	29.67	36.5% ▲	20 Year

SGD/PHP change over periods to 10-Aug-2022

SGD to PHP - Compare & Save

The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

Compare Transfer Rates : Send S$10,000 SGD → Receive PHP

Provider	Receive PHP	SGD/PHP Rate	Cost
OFX Trusted brand in Foreign Exchange. Online & Phone. Helpful Dealers & support. Lock in an Exchange Rate with Spot & Forward Deals. 1.01%	10,000 SGD = 400,500 PHP Up to 23,253 PHP more See more	40.05	1.01%	Visit OFX Best Value No fees on all your OFX transfers
WorldRemit Online Bank Transfers or Cash Pickup - e-Wallet payments. Large number of currencies. 1.01%	10,000 SGD = 400,500 PHP See more	40.05	1.01%	Visit WorldRemitCompare Rate
ICICI Bank ICICI Bank's FX wire margin is generally 4.0% - 8.0% depending on currencies and amounts. 1.11%	10,000 SGD = 400,100 PHP Get ₱400 less See more	40.01	1.11%	Compare Rate
DBS Bank 1.43%	10,000 SGD = 398,801 PHP Get ₱1,699 less See more	39.98	1.43%	Compare Rate
OCBC Bank 3.66%	10,000 SGD = 389,763 PHP Get ₱10,737 less See more	39.37	3.66%	Compare Rate
Paypal The cost of sending money with PayPal is a fixed percentage (between 4 to 7 percent) of the amount being sent. 4.2%	10,000 SGD = 387,600 PHP Get ₱12,900 less See more	38.76	4.2%	Compare Rate
Rate: 39.98 Click for details Rate: 37.77 Click for details Rate: 37.97 Click for details Rate: 39.04 Click for details Rate: 39.37 Click for details Rate: 39.04 Click for details Rate: 40.01 Click for details Rate: 38.2 Click for details Rate: 38.28 Click for details SHOW ALL 4.37%	10,000 SGD = 386,918 PHP Get ₱13,582 less	38.85	4.37%	Average Bank Rate
Maybank 4.47%	10,000 SGD = 386,496 PHP Get ₱14,004 less See more	39.04	4.47%	Compare Rate
United Overseas Bank 4.47%	10,000 SGD = 386,496 PHP Get ₱14,004 less See more	39.04	4.47%	Compare Rate
Standard Chartered Standard Chartered's profit margin is generally 4 - 8% depending on currencies and amounts. 5.38%	10,000 SGD = 382,800 PHP Get ₱17,700 less See more	38.28	5.38%	Compare Rate
CIMB Bank 5.68%	10,000 SGD = 381,618 PHP Get ₱18,882 less See more	38.2	5.68%	Compare Rate
HSBC HSBC's profit margin is generally 2.5%-7% depending on currencies and amounts. 6.34%	10,000 SGD = 378,941 PHP Get ₱21,559 less See more	37.97	6.34%	Compare Rate
Citibank Citibank's profit margin is generally 3 - 7% depending on currencies and amounts. 6.76%	10,000 SGD = 377,247 PHP Get ₱23,253 less See more	37.77	6.76%	Compare Rate
Wise Great rates for Transfers and Multi-currency Card. Get local accounts in 10 currencies.	Above Wise maximum amount. See more	Visit WiseCompare Rate

Cost % is Provider Rate Margin vs Mid-rate + Fees

SGD/PHP=40.4578

1-DAY▲+0.5%

14-DAY▲HIGH

My Rates

Transfers - Singapore to Philippines

SGD to PHP - Travel & Spend

SGD/PHP Mid-rate Calculator

* This table compares FX rates & fees of selected FX specialists and banks for SGD to PHP International Money Transfers. Providers must be well established, reputable and regulated as financial payment services. We DO NOT compare every provider in the market. We may receive referral fees if you choose one of these providers however this will not affect the savings, exchange rates or fees you are charged by the provider.

Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest SGD to PHP Exchange Rate (shown above) or a transaction fee and often both!

Country Guides - Singapore dollar & Philippine peso

Philippines (PHP)

Singapore (SGD)

How to get a good SGD to PHP Exchange Rate

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

Generally speaking, if you are buying Philippine peso with Singapore dollar, then it's good for the SGD/PHP exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.

You can also read our practical guide to getting the Best Deals for your Foreign Transfers and Travel Money to Philippines.

Will the Singapore dollar rise against the Philippine peso?

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 BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

Manage My Rates

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP▲ DOWN▼ HIGH▲ LOW▼ alerts over a range of periods over the recent 90 days.

Related exchange rates

^ Scroll back up to ^

Provider	OFX
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱400,500
Exchange Rate	1SGD = 40.05 PHP
Rate Margin	1.01%
Other Fees	S$0
Total Cost (Rate Margin + Fees)	1.01%
Transfer Speed	1-2 days
Rate Retrieved	12:03 Local - BER

Provider	WorldRemit
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱400,500
Exchange Rate	1SGD = 40.05 PHP
Rate Margin	1.01%
Other Fees	S$
Total Cost (Rate Margin + Fees)	1.01%
Transfer Speed	1-2 days
Rate Retrieved	12:03 Local - BER

Provider	ICICI Bank
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱400,100
Exchange Rate	1SGD = 40.01 PHP
Rate Margin	1.11%
Other Fees	S$0
Total Cost (Rate Margin + Fees)	1.11%
Difference	Get ₱400 PHP less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	12:03 Local - BER

Provider	DBS Bank
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱398,801
Exchange Rate	1SGD = 39.98 PHP
Rate Margin	1.18%
Other Fees	S$25
Total Cost (Rate Margin + Fees)	1.43%
Difference	Get ₱1,699 PHP less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	2022-08-11T12:00:04+0000

Provider	OCBC Bank
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱389,763
Exchange Rate	1SGD = 39.37 PHP
Rate Margin	2.69%
Other Fees	S$100.00 SGD (1%)
Total Cost (Rate Margin + Fees)	3.66%
Difference	Get ₱10,737 PHP less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	12:03 Local - BER

Provider	Paypal
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱387,600
Exchange Rate	1SGD = 38.76 PHP
Rate Margin	4.2%
Other Fees	S$0
Total Cost (Rate Margin + Fees)	4.2%
Difference	Get ₱12,900 PHP less than withOFX
Transfer Speed	1-2 days
BER Rating	2/5.0
Rate Retrieved	12:03 Local - BER

Provider	Comparison Rate
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱386,918
Exchange Rate	1SGD = 38.55 PHP
Rate Margin	4.72%
Total Cost (Rate Margin + Fees)	4.37%
Difference	Get ₱13,582 PHP less than withOFX

Provider	Maybank
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱386,496
Exchange Rate	1SGD = 39.04 PHP
Rate Margin	3.5%
Other Fees	S$100.00 SGD (1%)
Total Cost (Rate Margin + Fees)	4.47%
Difference	Get ₱14,004 PHP less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	12:03 Local - BER

Provider	United Overseas Bank
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱386,496
Exchange Rate	1SGD = 39.04 PHP
Rate Margin	3.5%
Other Fees	S$100.00 SGD (1%)
Total Cost (Rate Margin + Fees)	4.47%
Difference	Get ₱14,004 PHP less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	12:03 Local - BER

Provider	Standard Chartered
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱382,800
Exchange Rate	1SGD = 38.28 PHP
Rate Margin	5.38%
Other Fees	S$
Total Cost (Rate Margin + Fees)	5.38%
Difference	Get ₱17,700 PHP less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	12:03 Local - BER

Provider	CIMB Bank
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱381,618
Exchange Rate	1SGD = 38.20 PHP
Rate Margin	5.58%
Other Fees	S$10
Total Cost (Rate Margin + Fees)	5.68%
Difference	Get ₱18,882 PHP less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	12:03 Local - BER

Provider	HSBC
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱378,941
Exchange Rate	1SGD = 37.97 PHP
Rate Margin	6.15%
Other Fees	S$20
Total Cost (Rate Margin + Fees)	6.34%
Difference	Get ₱21,559 PHP less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	12:03 Local - BER

Provider	Citibank
FX Type	Foreign Transfer SGD→PHP
From Amount (SGD)	S$10,000
To Amount (PHP)	₱377,247
Exchange Rate	1SGD = 37.77 PHP
Rate Margin	6.64%
Other Fees	S$12
Total Cost (Rate Margin + Fees)	6.76%
Difference	Get ₱23,253 PHP less than withOFX
Transfer Speed	2-3 days
Rate Retrieved	12:03 Local - BER

Provider	Wise
FX Type	Foreign Transfer SGD→PHP
MIN/MAX:	Above Wise maximum amount.
Exchange Rate	1SGD = 40.42 PHP
Rate Margin	0.09%
Total Cost (Rate Margin + Fees)	0.6%
Transfer Speed	1-2 days
Rate Retrieved	12:03 Local - BER

SGD to PHP Exchange Rates

SGD to PHP - Compare & Save

Multi-Vendor Quote

Country Guides - Singapore dollar & Philippine peso

How to get a good SGD to PHP Exchange Rate

Reduce Excessive costs and fees

Will the Singapore dollar rise against the Philippine peso?

Related exchange rates