The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your details and click ‘Get Rates’.
Save Money - Compare Exchange Rate Margins & Fees
Sending money to Philippines can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Philippines bank accounts or pay a Philippine peso invoice.
SGD to PHP Market Data
Singapore dollar (SGD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.
SGD to PHP at 43.26 is just 0.7% above its 3-month average of 42.97, having traded in a very stable 2.4% range from 42.39 to 43.40
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Tracker
1 PHP =
0.023076 SGD
Is the SGD to PHP Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Singapore dollar against the Philippine peso is to review how the SGD/PHP rate has changed over time.
The table below shows the percentage change in the SGD to PHP exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
SGD/PHP
Change
Period
23 May 2025
43.00
0.8% ▲
2 Week
08 Mar 2025
43.19
0.3% ▲
3 Month
06 Jun 2024
43.57
0.6% ▼
1 Year
07 Jun 2020
35.72
21.3% ▲
5 Year
09 Jun 2015
33.34
30% ▲
10 Year
11 Jun 2005
33.08
31% ▲
20 Year
SGD/PHP historic rates & change to 06-Jun-2025
On March 8, the SGD to PHP exchange rate stands at 43.20, a 7-day high, amid geopolitical tensions from new US tariffs on China. FX analysts note that regional currencies are under pressure, and future volatility will hinge on trade developments and economic data releases. 10-Mar
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Philippine peso across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
The standard OFX SGD-PHP rate is 41.6653, -3.9% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Singapore dollar (SGD) to Philippine peso (PHP) rates from different sources before making a conversion.
The above
Singapore dollar to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest SGD-PHP mid-rate and the possible savings of using various providers.
How do SGD-PHP rates compare between providers?
Looking at the
full comparison table
the best SGD to PHP exchange rate is 43.12 from OFX, -0.51% from the mid-market rate 43.34. The next best rate is 43.08 from XE, -0.6% from the mid-rate. Then Wise with 43.08 is -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 40.84 at -5.8% the OCBC Bank rate is 42.17 at -2.7% and the Maybank rate is 41.82 at -3.5% compared to the mid-rate 43.34.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: