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  1. The Philippine peso, also referred to by its Filipino name piso (Philippine English: / ˈ p ɛ s ɔː / PEH-saw, / ˈ p iː-/ PEE-, plural pesos; Filipino: piso [ˈpiso, pɪˈso]; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 sentimo, also called centavos.

  2. The Philippine peso sign (₱) is the currency symbol used for the Philippine peso, the official currency of the Philippines. The symbol resembles a Latin letter P with two horizontal strokes. It differs from the currency symbol used for the peso in Latin America, which is "$".

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  4. Jul 11, 2022 · The value of the Philippine peso has ranged from below 48 pesos to one U.S. dollar to 53.89 pesos to one dollar. Philippine pesos currently circulate in banknotes of 20, 50, 100, 200, 500, and ...

  5. The Philippine peso comes in various denominations, both in banknotes and coins. Banknotes are available in denominations of 20, 50, 100, 200, 500, and 1000 pesos ...

  6. Mar 15, 2024 · The Philippine peso evolved from a pegged system to a free-floating exchange rate after the new Central Bank Act of 1993. Travelers should be aware of fees impacting currency exchange rates, affecting the amount received or paid. Economic uncertainties, such as the COVID-19 pandemic, can influence the value of the Philippine peso.

  7. The information shown there does not constitute financial advice. Conversion rates Philippine Peso / US Dollar. 1 PHP. 0.01733 USD. 5 PHP. 0.08665 USD. 10 PHP. 0.17329 USD. 20 PHP.

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