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Currency & Exchange

Currency of the Philippines: Philippine Peso

ManilaLocal time

Philippine Peso · PHP · National

Philippine Peso
ISO PHP · THE PHILIPPINES
₱
₱
Philippine Peso
ISO codePHP
Symbol₱
Monetary authorityBangko Sentral ng Pilipinas
PHP
ISO 4217 code
Currency identifier
1
Currencies with an official role
National
₱
Currency symbol
Use the ISO code when a symbol is ambiguous
Time-sensitive
Exchange-rate context
Check the rate date and source
CurrencyPhilippine Peso
ISO codePHP
Largest note₱1,000
Largest coin₱20
Current note seriesNGC + First Philippine Polymer series

Who Issues Philippine Peso in the Philippines

Philippines uses the Philippine Peso (PHP) within a sovereign national currency system. Two useful identifiers beyond the name are the symbol ₱ and ISO 4217 numeric code 608.

Monetary authority for the Philippine Peso sits domestically with Bangko Sentral ng Pilipinas. In the Philippines, PHP is therefore governed through a national framework, not by an external currency issuer.

Currency architectureNational
Primary currencyPhilippine Peso (PHP)
Monetary authorityBangko Sentral ng Pilipinas

Exchange Rate for PHP

For PHP, a current reference observation is more useful than an undated number, the amount ultimately received or charged in the Philippines can vary because financial providers apply their own conversion margin and fees.

Latest available reference rate*Loading...
Checking USD/PHP
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
=

When interpreting Philippine Peso data for the Philippines, compare like with like by using the same pair and roughly the same observation time. A bank, card network or cash desk may apply its own spread or fee to that benchmark. This supports the quoted pair easy to interpret.

Banknotes and Coins

Banknotes

BSP's New Generation Currency banknote structure includes ₱20, ₱50, ₱100, ₱200, ₱500 and ₱1,000. The newer First Philippine Polymer Banknote Series currently covers ₱50, ₱100, ₱500 and ₱1,000.

₱20
₱50
₱100
₱200
₱500
₱1,000

Coins

The New Generation Currency coin series has seven denominations: 1, 5 and 25 sentimo, plus ₱1, ₱5, ₱10 and ₱20.

1 sentimo
5 sentimo
25 sentimo
₱1
₱5
₱10
₱20

Frequently Asked Questions

What currency is used in the Philippines?

The Philippine Peso (PHP) is the national currency of the Philippines. Bangko Sentral ng Pilipinas is responsible for the domestic monetary framework.

Who manages the currency system in the Philippines?

Bangko Sentral ng Pilipinas is the main monetary authority identified for the Philippines.

Are the exchange rates for the Philippines real-time?

For a PHP comparison in the Philippines, the tool requests the latest available reference observation for supported pairs and reports the date attached to that observation. Treat it as a dated benchmark, not as a guaranteed retail conversion price.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

More about the Philippines

Explore the Philippines across the other DigifyWorld country-data sections.

Public HolidaysPublic holidays 2026 and 2027→Digital AdoptionInternet, payments and digital government→Population & DemographicsPopulation, age structure and projections→Economy SnapshotGDP, trade and economic structure→LanguagesLanguages, scripts and language context→Human DevelopmentHDI and quality-of-life indicators→Geography & EnvironmentLand, climate and environment→Practical Country InfoTime, driving, electricity and codes→EducationSchool system and education data→

Sources & methodology

For the Philippines, institutional currency facts are checked against Bangko Sentral ng Pilipinas or the applicable monetary-system authority. The PHP identity follows ISO 4217, and the exchange-arrangement classification for the Philippines is cross-checked against the IMF framework. A dynamic PHP observation for the Philippines, when available, is kept separate from those institutional facts and shows its own date and provider.

View sources used for this page
Exchange-rate note: the PHP converter for the Philippines requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.