Best SGD to PHP Exchange Rates - Compare Providers & Save

In this Singapore dollar to Philippine peso guide:

1 SGD = PHP

Sell SGD → Buy PHP

1-DAY▲+0.5%2d

90-DAY▲HIGH1d

SGD to PHP at 38.10 has risen 2.2% above average of its 90-day range 36.46-38.18.

21-JAN 5PM-NY 10PM-LON 22-JAN 6AM-HK 9AM-SYD

Track Rate

SGD/PHP was	Change	Period
37.86 07 Jan 2022	0.7% ▲	2 Weeks
37.66 23 Oct 2021	1.2% ▲	90 Days
36.31 21 Jan 2021	5% ▲	1 Year
35.13 22 Jan 2017	8.5% ▲	5 Years
34.00 24 Jan 2012	12.1% ▲	10 Years
27.83 26 Jan 2002	37% ▲	20 Years

SGD/PHP change over periods to 21-Jan-2022

Asian currencies including Philippine peso have been hit by the hawkish tilt from Fed Chair Jerome Powell, who signalled in September that the bond tapering is expected to start in November.

PHP Outlook

We can expect a volatile outlook for SGD against major currencies in October as Singapore’s Central Bank, the MAS, is expected to release their policy statement with views on the trajectory of the SGD.

SGD could trade against the USD between 1.35 – 1.39 SGD for the month of October.

SGD Outlook

1-DAY▲+0.5%2d

90-DAY▲HIGH1d

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
Instarem Fast, safe and cost effective cross border transfers for individuals and business. See details	10,000 SGD = 378,500 PHP Up to 21,629 PHP more 0.65% See details	37.85	0.65%	Visit Instarem Best Value Special offer: Zero transfer fees on first transfer of $200 and above, made by an individual customer only.
WorldRemit Online Bank Transfers or Cash Pickup - e-Wallet payments. Large number of currencies. See details	10,000 SGD = 377,200 PHP Get ₱1,300 less 1% See details	37.72	1%	Visit WorldRemitCompare this Rate
ICICI Bank See details	10,000 SGD = 376,800 PHP Get ₱1,700 less 1.1% See details	37.68	1.1%	Compare this Rate
DBS Bank See details	10,000 SGD = 376,058 PHP Get ₱2,442 less 1.3% See details	37.7	1.3%	Compare this Rate
HSBC See details	10,000 SGD = 370,757 PHP Get ₱7,743 less 2.69% See details	37.15	2.69%	Compare this Rate
SHOW ALL	10,000 SGD = 369,496 PHP Get ₱9,004 less 3.02%	37.07	3.02%	Average Bank Rate
OFX Online & Phone, Helpful Dealers & Support. Lock in exchange rates with Spot & Forward Deals. See details	10,000 SGD = 367,800 PHP Get ₱10,700 less 3.46% See details	36.78	3.46%	Visit OFXCompare this Rate No fees on all your OFX transfers
OCBC Bank See details	10,000 SGD = 366,993 PHP Get ₱11,507 less 3.67% See details	37.07	3.67%	Compare this Rate
Paypal See details	10,000 SGD = 357,261 PHP Get ₱21,239 less 6.23% See details	36.16	6.23%	Compare this Rate
Citibank See details	10,000 SGD = 356,871 PHP Get ₱21,629 less 6.33% See details	35.73	6.33%	Compare this Rate
Wise Great rates for Transfers and Multi-currency Card. Get local accounts in 10 currencies. See details	Your amount above the Wise maximum - 5,000 USD 0.74% See details	Visit WiseCompare this Rate

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

SGD/PHP=38.0994

1-DAY▲+0.5%2d

90-DAY▲HIGH

My Rates

Compare Transfers from Singapore to Philippines

SGD to PHP 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!

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

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.

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.

Rate Tracker

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.

More Singapore dollar rates

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From Amount (SGD)	S$10,000
To Amount (PHP)	₱378,500
Exchange Rate	1SGD = 37.85 PHP
Rate Margin	0.65%
Other Fees	S$0
Total Cost (Rate Margin + Fees)	0.65%
Transfer Speed	1-2 days
BER Rating	3.9/5.0

From Amount (SGD)	S$10,000
To Amount (PHP)	₱377,200
Exchange Rate	1SGD = 37.72 PHP
Rate Margin	1%
Other Fees	S$
Total Cost (Rate Margin + Fees)	1%
Difference	Get ₱1,300 PHP less than with Instarem
Transfer Speed	1-2 days

From Amount (SGD)	S$10,000
To Amount (PHP)	₱376,800
Exchange Rate	1SGD = 37.68 PHP
Rate Margin	1.1%
Other Fees	S$0
Total Cost (Rate Margin + Fees)	1.1%
Difference	Get ₱1,700 PHP less than with Instarem
Transfer Speed	2-3 days

From Amount (SGD)	S$10,000
To Amount (PHP)	₱376,058
Exchange Rate	1SGD = 37.7 PHP
Rate Margin	1.05%
Other Fees	S$25
Total Cost (Rate Margin + Fees)	1.3%
Difference	Get ₱2,442 PHP less than with Instarem
Transfer Speed	2-3 days

From Amount (SGD)	S$10,000
To Amount (PHP)	₱370,757
Exchange Rate	1SGD = 37.15 PHP
Rate Margin	2.49%
Other Fees	S$20
Total Cost (Rate Margin + Fees)	2.69%
Difference	Get ₱7,743 PHP less than with Instarem
Transfer Speed	2-3 days

SGD to PHP Exchange Rates

SGD to PHP - Compare & Save

Your SGD→PHP Foreign Transfer with Instarem

Your SGD→PHP Foreign Transfer with WorldRemit

Your SGD→PHP Foreign Transfer with ICICI Bank

Your SGD→PHP Foreign Transfer with DBS Bank

Your SGD→PHP Foreign Transfer with HSBC

Your SGD→PHP Foreign Transfer : Bank Average

Your SGD→PHP Foreign Transfer with OFX

Your SGD→PHP Foreign Transfer with OCBC Bank

Your SGD→PHP Foreign Transfer with Paypal

Your SGD→PHP Foreign Transfer with Citibank

Your SGD→PHP Foreign Transfer with Wise

Multi-Vendor Quote

How to get a good SGD to PHP Exchange Rate

Reduce Excessive costs and fees

Will the Singapore dollar rise against the Philippine peso?

More Singapore dollar rates

MIN/MAX:	Your amount above the Wise maximum - 5,000 USD
Exchange Rate	1SGD = 37.99 PHP
Rate Margin	0.29%
Total Cost (Rate Margin + Fees)	0.74%
Transfer Speed	1-2 days