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SGD to PHP Forecasts – Singapore dollar to Philippine peso

Latest SGD to PHP forecasts including bank predictions, key market drivers and recent trends for SGD/PHP. See where analysts expect the pair to move and the factors likely to influence it.

 

SGD to PHP Forecast & Outlook

09 May 2026 • 01:08 GMT

SGD/PHP 47.75

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 47.5430 – 48.3900
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, SGD/PHP is trading close to recent highs within its recent 6.5% range, supported by risk-off sentiment and elevated oil prices. The pair is holding near its 90-day average, with limited scope for a decisive move, but risk conditions may remain supportive of the Singapore dollar's cautious strength over the next few sessions.

💸 Transfer implications

  • Expats: sending money to the Philippines may find current exchange conditions slightly more favourable than recent levels.
  • Travellers: purchasing Philippine Peso (PHP) cash or loading currencies onto cards may experience modestly better conversion rates.
  • Businesses: paying PHP invoices in Singapore Dollars may see these payments supported by the pair's recent near-high levels.

🧭 Key drivers

  • Rate gap: The rate differential favors the Singapore dollar, with policy and yield advantages supporting its relative strength.
  • Risk/commodities: Global risk-off sentiment, fueled by geopolitical tensions and elevated oil prices, pressures risk-sensitive FX.
  • Global factors: Market focus on US-Iran developments continues to shape global risk appetite and FX flows.

⚠️ What could change it

  • Upside risk: An easing of geopolitical tensions or a shift to risk-on could boost SGD resilience.
  • Downside risk: Further escalation in geopolitical tensions or a sharp decline in oil prices might weaken the pair.

BER suggests comparing FX providers to help offset less favourable exchange conditions or to find lower margins and reduce total transfer costs.

SGD-PHP Rate Calculator

 
 
   
   
   
   
   
 
 

SGD to PHP Market Data

Singapore dollar (SGD) to Philippine peso (PHP) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell SGD   →   Buy PHP
1 SGD =
48.26We compare provider deals to this wholesale mid-market rate. Read more
PHP
1d+0.2%▲
SGD to PHP at 48.30 is 3.2% above its 3-month average of 46.82, having traded in a relatively stable 6.5% range from 45.44 to 48.41
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  1 PHP = 0.020720 SGD

Compare & Save - Singapore dollar to Philippine peso

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Singapore dollar (SGD) to Philippine peso (PHP) rates from different sources before making a conversion.

Use our SGD to PHP calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Singapore dollar to Peso currency rates and the possible savings of using various providers.

 
 

Will the Singapore dollar rise against the Philippine peso?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Singapore dollar vs Philippine peso current value is to look the SGD/PHP historic rate and change over a range of periods.

The following table looks at the change in the SGD to PHP exchange rate over periods from the previous week back to the last 10 years.

DateSGD/PHPChangePeriod
29 Apr 2026
48.23
0.2% ▲2 Week
12 Feb 2026
45.96
5.1% ▲3 Month
13 May 2025
42.85
12.8% ▲1 Year
14 May 2021
35.85
34.8% ▲5 Year
15 May 2016
33.98
42.2% ▲10 Year
18 May 2006
33.28
45.2% ▲20 Year
SGD/PHP historic rates & change to 13-May-2026

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 personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more