The exchange rate between the Singapore Dollar (SGD) and the Philippine Peso (PHP) varies daily based on market conditions and economic factors. As of March 10, 2023, 1 SGD is equivalent to approximately 28.21 Philippine Pesos (PHP).
This means that if you were to exchange 1 SGD, you would receive approximately 28.21 PHP. However, exchange rates can fluctuate rapidly and it is important to check the current rate before making any financial transactions involving SGD and PHP.
The value of the SGD to PHP exchange rate can be impacted by a range of factors including inflation, interest rates, and global economic trends. As two of the most widely traded currencies in Southeast Asia, the SGD and PHP are closely watched by investors and economists alike.
Overall, the current exchange rate between the SGD and PHP is subject to change based on a variety of economic factors and should be monitored closely by those doing business or traveling between Singapore and the Philippines.
