SGD to PHP Rate Today: Live Exchange & Cost Guide

If you’ve ever tried to figure out how much your Singapore dollars are worth in Philippine pesos — whether you’re sending money home, planning a trip, or just comparing costs — the number changes more often than you might think. That single conversion affects everything from family remittances to travel budgets. This guide breaks down the current SGD to PHP rate, what a “good” rate really means, and how far your money goes in both countries.

Current mid-market SGD to PHP rate: ₱46.9764 ·
Source: Xe (live currency exchange aggregator) (as of 17:42 UTC) ·
Typical bank spread: 0.5–2%

Four key figures that define today’s exchange landscape:

How much is $1 SGD in PHP?

At the mid-market rate published by Xe (live currency exchange aggregator), one Singapore dollar buys ₱46.9764. But the actual amount you receive depends on the service you use — and the fees it charges.

Convert $100 SGD to PHP

Based on the current rate, 100 SGD converts to ₱4,697.64 at mid-market. Wise (online money transfer service) shows 100 SGD = ₱4,699.87, a slight variation due to continuous rate updates. Most banks and remittance providers add a markup, so you’ll likely receive between ₱4,500 and ₱4,600.

Convert $1000 SGD to PHP

For a larger transfer, 1,000 SGD becomes roughly ₱46,976 at mid-market. With a typical 1% fee, you’d get about ₱46,500. Services like OFX (specialist for large transfers) may offer better rates for amounts above SGD 5,000.

Convert $5000 SGD to PHP

A transfer of 5,000 SGD yields approximately ₱234,882 at the mid-market rate. Wise converts 500 SGD to ₱23,499.35, so a 5,000 SGD transfer would be around ₱234,994. The exact figure depends on the real-time rate and any volume discounts.

The conversion formula is simple, but the actual amount you receive depends on the provider’s spread and fees.

What is a good exchange rate for SGD to PHP?

A “good” rate is one that sits as close as possible to the mid-market rate — the raw wholesale rate you see on Xe or Google. Every provider marks it up to make a profit.

Mid-market rate vs. bank rate

The mid-market rate is the benchmark. Banks typically add a spread of 0.5% to 2%, meaning you get less. For example, if the mid-market is ₱46.98, a bank paying ₱45.80 is adding a 2.5% markup. Online services like Wise and Xe display the mid-market rate but charge a separate fee.

Factors affecting the rate

Exchange rates fluctuate constantly due to supply and demand, central bank policies, and geopolitical events. Today’s rate may be different tomorrow. The PHP to SGD rate changed by +0.146% in the last 24 hours, according to Wise rate history.

How to find the best rate

Compare the “total cost” — the rate plus fee — not just the headline rate. Remitly (digital remittance service) often promotes first-transfer rates like ₱46.90 to 1 SGD, but subsequent transfers revert to a higher spread.

Three major providers, one trade-off: convenience versus cost.

What is the cost of living in the Philippines compared to Singapore?

Understanding the exchange rate is one thing; knowing what your money buys is another. The gap between Singapore and the Philippines is enormous.

Housing costs

Rent in Manila is 60–80% cheaper than in Singapore. A one-bedroom apartment in Singapore’s city centre can cost SGD 3,000 per month; in Manila, a comparable unit costs around PHP 25,000 (SGD 532).

Food and groceries

Dining out in Singapore is roughly 3–4 times more expensive. A meal at an inexpensive restaurant in Manila costs about PHP 200 (SGD 4.25), versus SGD 12 in Singapore. Groceries are similarly cheaper in the Philippines.

Transportation

A monthly public transport pass in Singapore costs about SGD 120; in Manila, it’s around PHP 1,500 (SGD 32). Taxis and ride-hailing are also more affordable in the Philippines.

Utilities

Basic utilities (electricity, heating, cooling, water, garbage) for an 85m² apartment cost about SGD 150 in Singapore, compared to PHP 5,000 (SGD 106) in Manila. The gap is narrower but still significant.

Overall, LivingCost (cost-of-living database) reports the Philippines is 80% less expensive than Singapore. Exiap (financial comparison site) puts the difference at 63.9% when rent is excluded.

The pattern: every major expense category is lower in the Philippines, making it a significantly cheaper place to live — especially for those earning in Singapore dollars.

What is considered a lot of money in the Philippines?

In the Philippines, income thresholds that seem modest in Singapore go much further.

Middle-class income range in the Philippines

A monthly income of PHP 50,000 to 100,000 is considered upper-middle class. That’s roughly SGD 1,065 to 2,130 — a salary that would be tight in Singapore but comfortable in Manila.

Monthly expenses for a comfortable lifestyle

A family of four in the Philippines needs about PHP 80,000 to 120,000 per month (SGD 1,700–2,550) for a comfortable lifestyle, including rent, utilities, education, and occasional dining out, according to Wise (online money transfer service).

Wealth thresholds

Earning PHP 200,000+ per month (SGD 4,260+) is considered wealthy. That income places a person in the top 1–2% of earners nationally and allows for luxury expenses, property investment, and substantial savings.

What this means: if you’re earning in SGD and spending in PHP, your effective wealth multiplies. A SGD 5,000 monthly salary in Manila provides a lifestyle that would cost several times more in Singapore.

How much money do I need for 7 days in Singapore?

Planning a trip to Singapore from the Philippines? The exchange rate works against you — but with the right budget, it’s manageable.

Budget breakdown per day

• Budget traveler: SGD 100–150 per day (hostel, street food, public transport)
• Mid-range traveler: SGD 200–300 per day (3-star hotel, casual dining, attractions)
• Luxury traveler: SGD 400+ per day (4–5 star hotel, fine dining, private tours)

Sample itinerary costs

A 7-day mid-range trip would cost roughly SGD 1,400–2,100 (PHP 65,800–98,700) per person, excluding flights. That includes accommodation, meals, transport, and entry fees to major attractions like Gardens by the Bay and Sentosa.

Tips to save money

• Book accommodation in Little India or Geylang for lower rates (SGD 80–120/night)
• Eat at hawker centres (SGD 5–8/meal) instead of restaurants
• Use the MRT and buses — a weekly pass costs about SGD 30
• Look for free attractions: Gardens by the Bay outdoor areas, East Coast Park, and cultural neighbourhoods

For a budget traveler, SGD 700–1,050 (PHP 32,900–49,300) for the week is feasible. The exchange rate means your pesos buy less in Singapore, so plan accordingly and avoid peak travel seasons.

For anyone earning in Singapore dollars and spending in Philippine pesos — whether through remittances, travel, or relocation — the gap between the two economies is both an opportunity and a challenge. The rate itself is just the starting point; what matters is how much of your money actually reaches its destination.

For larger amounts, such as when sending remittances or paying tuition, the savings from a competitive mid-market rate become even more significant—check the live cost breakdown for converting 1000 SGD to PHP to see how different providers compare.

Frequently asked questions