Philippine Peso Currency | Philippines Peso Notes

Philippine Peso

Philippine Peso Currency:

Philippine Peso is the official currency of Philippines. The Philippine Peso has its counterpart in local parlance Filipino piso. The Philippine Peso is a decimal-based currency which means it is further subdivided into one hundred equal parts called centavos. The centavos are colloquially referred to as sentimos.

The Philippine Peso is denoted by the symbol ₱.  The printing and minting is carried out by the central bank of Philippines called Bangko Sentral ng Pilipinas (Central Bank of Philippines) in Quezon city. Owing to the fact that Philippines had been once upon a time a former colony of United States, the currency notes had on them the printed letters of “peso” in English and the coins had the inscribed letters of English “peso” on their facets until 1967. Subsequent to the adoption of Filipino language, the currency notes and the coinage began appearing with the letters “piso” on them.

Apart from denoting the currency by the symbol ₱, there are other ways of representing piso by “PHP”, “PhP” or “Php”.  The frequently used banknotes are of the denominations ₱20, ₱50, ₱100, ₱ 500 and   ₱1000. The coins that are widely in circulation are ₱1,  ₱5,  and   ₱10. The rarely used note is ₱200 and the rarely used coins are 1¢ , 5¢, 10¢ and 25¢.

Philippine Peso

Philippine Peso (Philippines):

Code: PHP

Symbol:

Subunit        

1⁄100 = Sentimo or centavo

Banknotes   

₱20, ₱50, ₱100, ₱200, ₱500, ₱1000

Coins 

₱1, ₱5, ₱10, 1¢, 5¢, 10¢, 25¢

Central bank:

Bangko Sentral ng Pilipinas

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