PHP to SGD Exchange Rate Today
Convert Philippine Pesos to Singapore Dollars with live PHP/SGD rates for workers, businesses, or travel. Best rates for Filipino expats in Singapore.
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Sending 1,000.00 PHP → SGD
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Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is the current PHP to SGD exchange rate?
The Philippine Peso to Singapore Dollar rate typically ranges between S$0.022-0.025 per 1 PHP (or about ₱100 = S$2.2-2.5). BSP (Bangko Sentral ng Pilipinas) and MAS policies, OFW remittances, and regional trade flows influence this pair.
Why is PHP to SGD conversion important?
Over 200,000 Filipinos work in Singapore (domestic workers, healthcare, hospitality). Uses include Filipino workers sending savings to Singapore banks, business payments between the two countries, tourism, and education. Singapore is a major employer and investor in the Philippines.
How do OFW remittances affect PHP/SGD?
Filipino workers send $30B+ annually in remittances globally. Those working in Singapore often convert part of their SGD salaries to PHP for family support, while saving in SGD. Strong remittance flows help support PHP value. Peak seasons (Christmas, school year) see increased conversions.
What's the best way to transfer PHP to SGD?
Use Wise or Remitly for competitive rates (1-2% markup), Philippine banks like BDO or BPI have Singapore correspondent banks (2-3% fees), Singaporean money changers in Lucky Plaza offer walk-in rates, and specialized remittance services like InstaPay offer same-day transfers.
When should I convert PHP to SGD?
Filipino domestic helpers in Singapore earning S$600 benefit when peso weakens below S$0.025, gaining ₱24,000 versus ₱21,600 at S$0.027—critical for Manila and Cebu families. Filipino workers in Singapore (200,000+ domestic helpers, nurses, construction) remitting S$7B annually watch BSP decisions. MAS quarterly NEER adjustments create conversion windows. Peso depreciation trends favor conversions; rate swing from S$0.0235 to S$0.024 creates S$2,500 monthly variance on ₱500K—important for Filipino families relying on Singapore remittances for education and living expenses.