Philippine Peso exchange rate
WE SELL RATE HISTORY OF PHILIPPINE PESO
WE BUY RATE HISTORY OF PHILIPPINE PESO
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: ₱
Main Exchanges
If you’re planning to travel to Manila, Cebu, Boracay, or any other city in the Philippines, you’ll need to exchange your euros for Philippine pesos. Ask us about the exchange rate for your trip and make sure you have local currency before you leave.
About the Philippine Peso
The Philippine peso is the official currency of the Philippines. Its symbol is ₱ and its international code is PHP. One peso is divided into 100 centavos.
History of the Philippine Currency
The history of the Philippine peso dates back to the Spanish colonial period, when silver coins known as “pesos fuertes” circulated. Over the centuries, the country’s monetary system evolved under Spanish, American, and Japanese influence, each leaving its mark on the currency’s design and usage.
The modern version of the peso was established in 1949, after the country gained independence. Since then, the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) has been responsible for issuing the currency and maintaining its stability.
Banknotes and Coins of the Philippine Peso
Current banknotes are issued in denominations of 20, 50, 100, 200, 500, and 1,000 pesos. Each note features portraits of historical Filipino figures on the front, and on the back, natural landscapes, native wildlife, and heritage sites—highlighting the country’s biodiversity and cultural richness.
Coins in circulation include 1, 5, and 10 pesos, as well as 1, 5, 10, and 25 centavos, although the smaller denominations are used less frequently in daily life.
BANKNOTES OF PHILIPPINE PESO IN CIRCULATION
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.
Do I Need Cash in the Philippines?
Yes, especially if you plan to visit rural areas or smaller islands where card payment is not always available. While major cities like Manila and Cebu accept credit and debit cards in hotels, restaurants, and shopping centers, it's recommended to carry some Philippine pesos in cash to cover daily expenses such as transportation, meals, or purchases at local markets.
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