| 1 $ = | Start | 10/09/2026 | Change | |
| Last 24 hours | 62.991 ₱ | ⇨ | 62.820 ₱ | -0.27% |
| Last week | 62.648 ₱ | ⇨ | 62.820 ₱ | +0.27% |
| Last month | 62.439 ₱ | ⇨ | 62.820 ₱ | +0.61% |
| Last year | 58.45 ₱ | ⇨ | 62.820 ₱ | +7.48% |
| Currency | 10/02/2026 | 10/09/2026 | Change | |
| Iraqi Dinar (IQD) | 1,309.8 ID | ⇨ | 1,514.8 ID | +15.65% |
| Ugandan Shilling (UGX) | 3,989.6 USh | ⇨ | 4,088.7 USh | +2.49% |
| Russian Ruble (RUB) | 83.801 руб | ⇨ | 85.099 руб | +1.55% |
| Dominican Peso (DOP) | 59.697 RD$ | ⇨ | 60.603 RD$ | +1.52% |
| Mexican Peso (MXN) | 18.203 $ | ⇨ | 18.472 $ | +1.48% |
| Mauritian Rupee (MUR) | 48.15 Rs | ⇨ | 47.46 Rs | -1.43% |
| Colombian Peso (COP) | 3,273 $ | ⇨ | 3,204.9 $ | -2.08% |
| Afghan Afghani (AFN) | 66 Af | ⇨ | 64.49 Af | -2.29% |
| Paraguayan Guaraní (PYG) | 5,849.6 ₲ | ⇨ | 5,687.4 ₲ | -2.77% |
| Brazilian Real (BRL) | 5.2209 R$ | ⇨ | 4.9896 R$ | -4.43% |
| See also: 24h, monthly and yearly currency moves | ||||
| Currency name | Philippine Peso |
| Symbol | ₱ |
| Also known as | PHP, Philippine Peso, ₱1 = 100 centavos |
| ISO code | PHP |
| Banknotes | ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000 |
| Coins | 1, 5, 10, 25 centavos; ₱1, ₱5, ₱10, ₱20 |
| Central bank | Bangko Sentral ng Pilipinas (BSP) - Website: www.bsp.gov.ph |
| Countries | 1 country: Philippines (capital: Manila, major cities: Manila, Quezon City, Davao, Cebu) |
| Population | 110 mil. |
History
The Philippine peso, known in Filipino as piso, has a long history tracing back to Spanish colonisation. Spain introduced the silver peso ("piece of eight") to the Philippines in the 16th century, and this coin became the dominant trade currency across East Asia for two centuries. Philippine silver pesos were minted in Manila, and their purity was so trusted that they circulated as far as China, Japan, and the Middle East.
After Spain ceded the Philippines to the United States following the Spanish-American War (1898), the US introduced a new monetary system in 1903. The Philippine peso was tied to the gold dollar at 2 pesos per dollar — a rate that held until the 1930s. The Japanese occupation during World War II (1942–1945) introduced Japanese-issued military pesos; after liberation, pre-war currency was restored.
Independence in 1946 brought continued use of the peso under Bangko Sentral ng Pilipinas oversight. The exchange rate was fixed at 2 pesos per dollar until 1960, then depreciated through successive adjustments. The peso floated after the 1983 assassination of opposition leader Benigno Aquino triggered a financial crisis, falling from 11 pesos per dollar to over 20.
The Philippines weathered the 1997 Asian Financial Crisis better than neighbours. Today the peso trades freely, with the Bangko Sentral ng Pilipinas intervening to smooth excessive volatility. Remittances from overseas Filipino workers — one of the world's largest diaspora flows — provide a major and stable source of foreign exchange.
Sources:
"Philippine peso", Wikipedia, https://en.wikipedia.org/wiki/Philippine_peso
"Bangko Sentral ng Pilipinas", Wikipedia, https://en.wikipedia.org/wiki/Bangko_Sentral_ng_Pilipinas