Philippines currency – the Philippine peso

When you travel abroad, you should be careful to the local currency of the country you are going to. Indeed, you should have an idea of the conversion rate between the local currency of the country you are going to and the currency of the country you are coming from. Thereby, it will help you a lot to have an idea of the cost of things when you will be in this new country. Let’s have a look at the Philippines currency which is the Philippine peso or piso in Filipino.

Main information

The symbol of the Philippines currency is a P crossed by two lines: “₱”. This letter is coming from the first letter of the currency name: “Peso”. The official code of the Philippines currency is PHP that is referring to its name: Philippine Peso.

Here are some conversion rates of the Philippine Peso with other popular currencies:

  • $1 (USD) = ₱52
  • €1 (EUR) = ₱58
  • ¥1 (JPY) = ₱0.50
  • £1 (GBP) = ₱66
  • $1 (AUD) = ₱36
  • 元1 (CNY) = ₱7.50

The Philippines currency is subdivided into 100 centavos such as the Euro (€) currency. Indeed, you will find 6 different types of banknotes and 7 different types of coins. You must be careful to don’t mix them up.

What to do in Philippines: all tours and activities

Banknotes

Twenty-peso note (₱20)

The twenty-peso note is easy to recognize with its flashy orange colour.

On the front side of the note you will see the Philippine President named Manuel Quezon. Quezon was the president of the Commonwealth of the Philippines between 1935 and 1944. He was the first Filipino to head a government of the entire Philippines.

On the back of the note you will see natural elements such as the Banaue Rice Terraces and the palm civet.

₱20 = $0.40|€0.34| ¥42|£0.30|$0.56 (AUD)|元2.67

Photo of a 20 peso note
The 20 peso note (wikipedia)

Fifty-peso note (₱50)

As for the twenty-peso note, the fifty-peso note is quite easy to recognize with its flashy red. On the front side of the note you will see the fourth president of the Philippines (1944-1946), named Sergio Osmeña Sr. who succeeded to Manuel Quezon.

On the reverse side of the note you will also see natural elements. This time it’s the Taal Lake and the giant trevally (fish).

₱50 = $1|€0.85| ¥104|£0.75|$1.40 (AUD)|元6.70

Photo of the 50-peso note
The 50 peso note (wikipedia)

One hundred peso note (₱100)

We stay in the flashy colours with the one hundred-note as it’s coming in purple. On the front of the note you will see the face of Manuel Roxas who was the third and last president of the Commonwealth of Philippines and the first president of the independent third Philippine Republic (1946 – 1948).

On the reverse side of the note, you will see the Mayon Volcano and the whale shark.

₱100 = $2|€1.70| ¥208|£1.50|$2.80 (AUD)|元13.40

Photo of the 100 peso note
The 100 peso note (wikipedia)

Two hundred peso note (₱200)

The ₱200 note is quite rare and used unfrequently. It’s coming in light green and is also quite flashy. On the front of the note you can see the Ninth President of the Philippines from 1961 to 1965 named Diosdado Macapagal.

On the reverse side of the note you will find the Chocolate Hills as well as the Philippine Tarsier.

The 200 peso note (wikipedia)

₱200 = $4|€3.40| ¥416|£3|$5.60 (AUD)|元26.80

Five hundred peso note (₱500)

The ₱500 note is coming in a dark yellow / orange colour. On the front of the note you can see the senator Benigno Aquino Jr. and his wife, President Corazon Aquino. On the reverse side of the note, you will see the Puerto Princesa Subterranean River National Park and the blue-napped parrot.

₱500 = $10|€8.50| ¥1040|£7.50|$14 (AUD)|元67

Photo of a 500 peso note
The 500 peso note (wikipedia)

One thousand peso note (₱1,000)

The ₱1,000 note is the biggest note of the Philippines currency and is coming in a light blue colour.

On the front side of the note you will find three people. The first one is José Abad Santos, the fifth Chief Justice of the Supreme Court of the Philippines. He was also a Commander in Chief of the Armed Forces of the Philippines during World War II. The second one is Vicente Lim, a Filipino Brigadier General and a hero during Wold War II. The third and last person is a woman called Josefa Llanes Escoda, known as a Filipino advocate of women’s suffrage.

On the reverse side of the note, you will see the Tubbataha Reefs Natural Park and the South Sea pearl.

₱1,000 = $20|€17| ¥2080|£15|$28 (AUD)|元134

Philippines Airports: all you need to know

The 1,000 peso note (wikipedia)

Coins

Philippine one-peso coin (₱1)

The ₱1 coin is made from steel. On its current version (2018), you can see the face of José Rizal a Filipino Nationalist considered as a hero, on the front of the coin. On the reverse side of the coin, you can see the Waling-waling orchid as well as the logo of the Bangko Sentral ng Pilipinas.

₱1 = $0.019|€0.017|¥2.10|£0.015|$0.028 (AUD)|元0.13

The 1 peso coin (wikipedia)

Philippine five-peso coin (₱5)

As the one-peso coin, the ₱5 coin is made from steel. On the front of the coin, we can see the face of Andrés Bonifacio who was a Filipino revolutionary leader. On the reverse side of the coin we can see the Tayabak which is a Philippine vine as well as the logo of the Bangko Sentral ng Pilipinas.

₱5 = $0.095|€0.085|¥10.50|£0.075|$0.140 (AUD)|元0.65

The 5 peso coin (wikipedia)

Philippine ten-peso coin (₱10)

As for the others, the 2018 version of the ₱10 coin is made from steel. On the 2018 version, we can see on the front face of the coin, the face of Apolinario Mabini who was a Filipino revolutionary leader. On the reverse side of the coin, we can see the flower “Kapa-kapa” as well as the logo of the Bangko Sentral ng Pilipinas.

₱10 = $0.190|€0.170|¥21|£0.150|$0.280 (AUD)|元1.30

Photo of a 10 peso coin
The 10 peso coin (wikipedia)

Others

It also exists coins of 1¢, 5¢, 10¢ and 25¢ but they are rarely used.

Leave a Reply