Philippine Peso (PHP) Exchange Rates on 06th July 2015 (06/07/2015)

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Exchange rates for Philippine Peso (PHP)

Updated: 2015-07-06
Convert from Convert to 1 PHP Conversion in currency Conversion
PHP GBP 0.014 PHP to GBP 71.2122 GBP to PHP
PHP BGN 0.0346 PHP to BGN 28.9317 BGN to PHP
PHP HRK 0.1343 PHP to HRK 7.4446 HRK to PHP
PHP CZK 0.4865 PHP to CZK 2.0557 CZK to PHP
PHP DKK 0.1312 PHP to DKK 7.6237 DKK to PHP
PHP EEK 0 PHP to EEK 0 EEK to PHP
PHP HUF 5.5371 PHP to HUF 0.1806 HUF to PHP
PHP KZT 4.1445 PHP to KZT 0.2413 KZT to PHP
PHP LVL 0.0124 PHP to LVL 80.7709 LVL to PHP
PHP LTL 0.0608 PHP to LTL 16.4343 LTL to PHP
PHP MKD 1.0819 PHP to MKD 0.9243 MKD to PHP
PHP MDL 0.3256 PHP to MDL 3.071 MDL to PHP
PHP NOK 0.1453 PHP to NOK 6.8819 NOK to PHP
PHP PLN 0.074 PHP to PLN 13.5198 PLN to PHP
PHP RON 0.0779 PHP to RON 12.8446 RON to PHP
PHP RUB 0.8552 PHP to RUB 1.1693 RUB to PHP
PHP SKK 0 PHP to SKK 0 SKK to PHP
PHP SEK 0.1624 PHP to SEK 6.1582 SEK to PHP
PHP CHF 0.0213 PHP to CHF 46.9197 CHF to PHP
PHP TRY 0.0501 PHP to TRY 19.9482 TRY to PHP
PHP UAH 0.2956 PHP to UAH 3.3833 UAH to PHP



Philippine Peso (PHP)

Sign Php
1 Philippine Peso is subdivided into 100 sentimos (centavos).

The official unit of currency in the Philippines is the Philippine peso. The peso or piso as it is spelled in the country is equal to 100 centavos. Banknotes are issued in denominations of 10, 20, 50, 200, 500, 1,000 and 2,000 pesos. Coins are issued in denominations of 10 and 25 centavo pieces as well as 1, 5 and 10 pesos.

Coins used:
-frequently 25 sentimo, 1, 5, 10 piso
-rarely 1, 5, 10 sentimo

Banknotes used:
-frequently 20, 50, 100, 200, 500, 1000 piso
-rarely 5, 10 piso

Central Bank
Bangko Sentral ng Pilipinas
http://www.bsp.gov.ph
Banks are found readily throughout the Philippines and those visiting should take the time to choose which bank they will use upon arrival. The Philippine National Bank is a popular choice as are the Equitable PCI Bank, Rizal Commercial Banking Corporation and the Bank of the Philippine Islands. All of these offer consumer banking and foreign currency exchange services.

ATMs are found outside banks and in many larger shopping centers. ATMs can be used for cash withdrawals with a small fee. Cirrus and Plus networks are readily available at ATMs and most accept MasterCard and Visa for cash advances. Cash advances are provided in pesos and are often restricted by a daily withdrawal limit. Equitable PCI and MetroBank ATMs both offer cash withdrawal limits of up to P4000 or more.

The US Dollar is the currency of choice for most retailers and services outside of the Philippine peso. Most retailers will accept the US Dollar as a form of payment. Visitors should be aware that many retailers refuse to make change for larger notes so smaller pesos should be carried whenever possible.

Moneychangers are available for currency exchange and can be found near most commercial centers in many cities. Some shopping malls and department stores have moneychangers conveniently available as well. Using a moneychanger will typically offer the best rate for foreign currency exchange but visitors should be aware that not all are trustworthy. Exchanging cash and travelerís checks at a hotel or resort or at a bank are recommended although the rates may be a bit more expensive.

In Manila, the Us Dollar as well as the British pound, euro and Japanese yen are widely accepted for currency change as well as the Canadian dollar, Australian dollar and many currencies from Middle Eastern regions. Leaving the country with pesos is typically not a problem unless travelers are carrying large amounts of cash.

Travelerís checks may be a bit more difficult to exchange, even at most banks. Many places charge high fees for cashing travelerís checks and there are typically only a small few banks and moneychangers who will accept travelerís checks for currencies other than the US Dollar.

Other References
Wikipedia article on Philippine Peso
XE.com Live Currency Converter for PHP

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