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Exchange Rates > From Euro to Philippine Peso
Exchange Euro toPhilippine Peso
Exchange Rates > From Euro to Philippine Peso

From Euro to Philippine Peso

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About the Philippine Peso

The Philippine Peso is the official currency of the Philippines. Its ISO 4217 code is PHP and its symbol is ₱, although sometimes it is also common to see PhP or P. Each Peso is divided into 100 cents. In current Philippine Peso notes and coins the denomination is in the local language. Both in Filipino and Tagalog his name is Piso and the subdivision is sentimo.

History of the currency of Philippines

Before the arrival of the Spaniards in the Philippines, barter was used to make economic exchanges. In addition, small units of gold were also used as means of payment. With the arrival of the first settlers the French teston became the usual currency.

In 1574 the city of Manila was founded and the Spanish currency of the time, the real de a ocho (also known as Peso Fuerte), was established as the official currency. But the arrival of people from different Spanish colonies generated chaos since, in practice, coins of different denomination and value coexisted.

In 1857 the Casa de la Moneda de Manila was founded with the intention of solving the problem and meeting the demand of the population to have their own currency. At this time began  the issue of the Philippine Peso divided into 100 cents.

Philippine Peso coins and notes

The Philippine Peso notes in circulation are 20, 50, 100, 200, 500 and 1,000 Pesos. In the banknotes appear relevant characters of the country along with iconic natural landscapes and the symbols of the country. It also shows the map of the islands of the Philippines and the locations of the natural spaces that appear.

BANKNOTES OF PHILIPPINE PESO IN CIRCULATION

Banknotes in circulation of Philippine Peso

Manuel Luis Quezón, First President of the Commonwealth of the Philippines in the first half of the 20th century, appears on the 20 Peso note. On the left we see an image of the signature of the declaration of the Filipino as official language and to the right appears the Malacanan Palace, official residence of the President of the Philippines. On the back appear the rice terraces of Banaue, a World Heritage Site by Unesco, and a civet of palm trees.

On the 50 Peso note appears Sergio Osmeña, President of the Philippines after Manuel L. Quezón. On the left appears an image of the First Philippine Assembly and on the right is an image of the Leyte Landing, a monument commemorating the liberation of the Philippines from the Japanese. On the back of the note appears Taal Lake in Batangas and several examples of giant trevally.

Manuel A. Roxas, next President of the Philippines, appears on the 100 Peso note. On the left appears the old building of the Central Bank of the Philippines and on the right there is an image of the Inauguration of the Third Republic of the Philippines. On the reverse appears Mayon volcano in Albay along with a whale shark.

Diosdado P. Macapagal, also President of the Philippines, appears on the 200 Peso note. On the left there is an image of the revolt known as EDSA II. On the right appears the Barasoain Church in Malolos, Bulacan. On the back there are the cocoa hills in Bohol and a specimen of Philippine tarsus.

On the 500 Peso note appear Corazón Aquino and Benigno Aquino Jr., marriage dedicated to politics and opponents of the dictatorship of Ferdinand Marcos. Corazón Aquino was the President of the Philippines after the dictator. On the left there is an image of the EDSA I revolt and on the right appears the Monument to Benigno Aquino Jr. at the city of Makati. On the reverse side there is the Puerto Princesa Subterranean River in Palawan and a Blue-Naped parrot.

On the 1,000 Peso note, José Abad Santos, Vicente Lim and Josefa Llanes Escoda appear. The three were important characters in the fight against the Japanese occupation of the Philippines in World War II. On the left appears an image of the celebration of the Centennial of the Independence of the Philippines in 1998.

The legal tender coins of Philippine Peso are 1, 5, 10 and 25 cents and of 1, 5 and 10 Pesos. There are two series in circulation and both are, for the time being, legal tender.

WE SELL RATE HISTORY OF Philippine Peso

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PHILIPPINE PESO INFO 

The Philippine Peso is the official currency of Philippine
Notes: 20, 50, 100, 200, 500 and 1.000 Pesos
Coins: 1, 5, 10 and 25 cents and of 1, 5 and 10 Pesos
Subunit: cent
Code: PHP
Symbol: ₱

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