Abstract: The present invention is a winged peep sight that attaches to a bowstring of an archery bow. The winged peep sight is provided with an oval base having a perimeter groove that is served between the strands of the bowstring. A proximal end of a horizontal wing adjustably secures to the base by means of a retaining bracket and adjustable screw provided on the base. The peep sight body has a hollow front half that removably engages a hollow back half to allow the halves to be separated. When separated, one of a variety of interchangeable inserts between the halves. Each insert is provided with one or more notches in its perimeter that insert around one or more ears provided in the back half.