Philippine Pesos Symbol: ₱ | Code: PHP
1. The national and official currency of the Philippines is the Philippine Peso which is abbreviated as PHP.
2. Since the Philippines was a former U.S.A colony, they used English besides "peso" on notes and coinage until 1967.
3. PHP went through a considerable devaluation due to the pegged system but after the 1993 New Central Bank Act it became free-floating.
4. This action ushered more stability to Philippine Pesos and eliminated the black market.
5. The available denominations currently are 20, 50, 100, 200, 500 and 1000 pesos.
What is the interbank exchange rate for the Philippines Peso ?
1 GBP = 72.931300 PHP
Last update date : 17-05-2024 08:08:26
Last updated on 17-05-2024 08:08:26
The below table shows the exchange rate and inverse exchange rate
Last updated on 17-05-2024 08:08:26
Currency |
Exchange Rate |
Inverse Rate |
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