SAR to PHP today: Saudi riyal to Philippine peso
1 Saudi riyal = ₱16.7136, and ₱1,000 buys 59.83 SAR. On a typical 750 SAR transfer from Saudi Arabia (₱12,535 today), the cheapest firm in the World Bank's Q3 2025 survey keeps ₱320.90 and the dearest ₱1,353.80. Against 2 Oct 2025, when it was ₱15.5269, 1,000 SAR brings ₱1,186.72 more (1,000 × ₱1.1867). Because SAMA keeps the riyal at its official rate of 3.75 riyals to the US dollar, it moves against the peso almost exactly as the US dollar does. Next: pick a firm from the cost table, then collect at a BSP-registered office near you (offices by province).
Rate: BSP Reference Exchange Rate Bulletin, 2 Oct 2026. Working: US$0.2664 per SAR × ₱62.7480 per US$ = ₱16.7136.
1 SAR = ₱16.7136 · ₱1 = 0.0598 SAR · official rate (BSP bulletin), 2 Oct 2026
The converter applies the 2 Oct 2026 rate with no fee or spread.
What sending SAR to the Philippines costs
World Bank Q3 2025 survey, Saudi Arabia: 6 firms priced a 750 SAR transfer (about US$200, ₱12,535 today) at 2.56% to 10.80% of the amount, fee and rate margin together, 3.82% on average. The gap between the two ends is ₱1,032.90 per transfer (8.24% × ₱12,535.22).
| Firm | Paid out as | Speed | Fee (SAR) | Rate margin | Total cost | Pesos lost | Cost on US$500 |
|---|---|---|---|---|---|---|---|
| STC PayMoney Transfer Operator | Bank account | Less than one hour | 17.25 | 0.26% | 2.56% | ₱320.90 | 1.18% |
| MoneyGramMoney Transfer Operator | Cash | Same day | 17.25 | 0.40% | 2.70% | ₱338.45 | 1.32% |
| FawriMoney Transfer Operator | Bank account | Same day | 16.00 | 0.63% | 2.76% | ₱345.97 | 1.49% |
| Western UnionMoney Transfer Operator | Cash | Less than one hour | 19.55 | 0.58% | 3.19% | ₱399.87 | 1.63% |
| TeleMoneyMoney Transfer Operator | Cash | Less than one hour | 19.55 | 1.47% | 4.08% | ₱511.44 | 2.52% |
| Bank AlbiladBank | Bank account | Same day | 75.00 | 0.80% | 10.80% | ₱1,353.80 | 4.81% |
Saudi Arabia to the Philippines, 750 SAR, surveyed 21 Aug 2025 to 2 Sep 2025. Cheapest product per firm.
Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org (CC BY 4.0). Pesos lost = total cost × the amount in pesos at today's rate. A negative cost means the firm paid out more than the market rate on the survey day.
Check a quote against the official rate
Type the SAR amount and the pesos your app or counter promises; the checker shows what the rate and fee cost you in pesos. If the gap is wide, try another firm before you send. The Q3 2025 survey average above, 3.82%, is a fair yardstick.
- What this transfer costs you against the official rate
- ₱125.35 (1.50%)
- At the official rate
- ₱8,356.81
- Provider's effective rate
- ₱16.4629
Rate used: 1 SAR = ₱16.7136, 2 Oct 2026. Cost = value at that rate minus the pesos that arrive, plus the fee converted at the same rate.
Converting SAR at a Philippine bank
| Bank, as of | Buys SAR notes |
|---|---|
| Metrobank2 Oct 2026, 9:09 AM | ₱16.0700 |
Pesos per 1 SAR, as each bank posts them; official rate ₱16.7136.
SAR to PHP over 30, 90 and 365 days
| Period to 2 Oct 2026 | High | Low | Average | Change |
|---|---|---|---|---|
| 30 days 23 rates | ₱16.733216 Sep 2026 | ₱16.60962 Sep 2026 | ₱16.6810 | +0.63%from ₱16.6096 |
| 90 days 64 rates | ₱16.733216 Sep 2026 | ₱16.16867 Aug 2026 | ₱16.4875 | +1.89%from ₱16.4039 |
| 365 days 245 rates | ₱16.733216 Sep 2026 | ₱15.346527 Feb 2026 | ₱16.0371 | +7.64%from ₱15.5269 |
Pesos per 1 SAR. Change = (today − start of period) ÷ start of period. One value per BSP banking day from the BSP daily peso cross-rate series and bulletins.
SAR and PHP amounts, both ways
SAR to PHP
| 1 SAR | ₱16.7136 |
|---|---|
| 5 SAR | ₱83.57 |
| 10 SAR | ₱167.14 |
| 50 SAR | ₱835.68 |
| 100 SAR | ₱1,671.36 |
| 500 SAR | ₱8,356.81 |
| 1,000 SAR | ₱16,713.62 |
| 5,000 SAR | ₱83,568.10 |
Each row: amount × ₱16.7136, the 2 Oct 2026 rate, before fees.
PHP to SAR
| ₱100 | 5.98 SAR |
|---|---|
| ₱500 | 29.92 SAR |
| ₱1,000 | 59.83 SAR |
| ₱5,000 | 299.16 SAR |
| ₱10,000 | 598.31 SAR |
| ₱50,000 | 2,991.57 SAR |
Each row: pesos ÷ ₱16.7136, before fees. Sending one of these amounts? Test the pesos promised in the quote checker.
Receiving SAR transfers in the Philippines
Cash remittances from Saudi Arabia reached US$2.34 billion in 2025 (BSP, preliminary), and the DMW deployed 386,699 Filipino workers there that year (DMW 2025 deployment).
The 6 surveyed firms offer 10 ways to send on this corridor: 5 pay out into a bank account, 5 pay out as cash for pickup; 4 arrive in less than an hour. Cash pickup works at BSP-registered remittance agents, pawnshops and banks; a bank or e-wallet credit saves the trip.
If you hold SAR cash, Metrobank buys notes at ₱16.0700 (2 Oct 2026, 9:09 AM). Find a registered office near you on the remittance centres by province page, compare e-wallet cash-in and cash-out fees, and check the InstaPay and PESONet fee before moving the pesos to your bank.
How Philippine tax treats SAR you receive
- Money family abroad sends you is not part of your gross income: gifts are excluded under NIRC Sec. 32(B)(3), and an OFW's pay earned abroad is not taxed here under Sec. 23(C). Money paid to you for work is income in any currency. More: are remittances taxable?
- OFW remittances are exempt from documentary stamp tax when the recipient shows the OFW's OEC or OWWA certificate (RA 8042 Sec. 35 as amended by RA 10022). More: documentary stamp tax.
- Kept in a foreign currency deposit, the interest of a resident is taxed at a 20% final tax since 1 July 2025 (RA 12214, CMEPA). More: final tax.
- A business converts SAR amounts at the BSP rate on the transaction day, is taxed on forex gains only when realized, and loses other rates in an audit unless it filed the sworn statement (BIR RMC 12-2024). More: income tax.
SAR to PHP questions
How much is 2,000 SAR in Philippine pesos?
2,000 × ₱16.7136 = ₱33,427.24 at the 2 Oct 2026 rate, and 10,000 SAR is ₱167,136.20. What arrives is lower by the provider's fee and rate margin.
What is the highest SAR to PHP rate?
In the three years to 2 Oct 2026 the highest daily value was ₱16.7332 on 16 Sep 2026 and the lowest ₱14.7382 on 27 May 2025. By monthly average, the highest since January 1978 was ₱16.6748 in September 2026. Source: BSP daily peso cross rates.
Will the Saudi riyal go up against the peso?
Nobody can know that in advance. With the SAR fixed to the dollar, watch the peso-dollar rate and the BSP's policy-rate decisions. In the last year the SAR ranged from ₱15.3465 to ₱16.7332.
Why does my bank or app give less than ₱16.7136?
This is a reference rate with no spread. Banks buy below it: Metrobank posted ₱16.0700 per SAR (2 Oct 2026, 9:09 AM). Remittance firms add a fee and a rate margin; compare the pesos that arrive. Source: Metrobank rates page.
Which rate applies on a weekend or holiday?
The Friday 2 Oct 2026 bulletin, generated by the BSP at 08:43 AM, stays the reference until the next one, Monday 5 Oct 2026 at the earliest (later if that is a holiday). Banks and apps keep setting their own rates in between. Source: BSP exchange rate page.
Does the sender owe tax on a large gift from Saudi Arabia?
Possibly. Donor's tax is 6% of a donor's total gifts above ₱250,000 in a calendar year (NIRC Sec. 99 as amended by RA 10963), and the sender owes it, not the recipient. At the 2 Oct 2026 rate, ₱250,000 is 14,957.86 SAR. Source: RA 10963 (TRAIN), Sec. 99.