What you should know about...
Philippine Pesos (PHP)
The PHP is the official currency of Philippines, with the symbol ₱.
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Philippine Pesos to Australian Dollars: Exchange rates today
 PHP |  GBP |
|---|---|
| 1 PHP | 0.01 GBP |
| 10 PHP | 0.12 GBP |
| 20 PHP | 0.24 GBP |
| 50 PHP | 0.62 GBP |
| 100 PHP | 1.24 GBP |
| 250 PHP | 3.10 GBP |
| 300 PHP | 3.72 GBP |
| 500 PHP | 6.20 GBP |
| 1,000 PHP | 12.41 GBP |
| 2,000 PHP | 24.82 GBP |
| 5,000 PHP | 62.06 GBP |
| 10,000 PHP | 124.13 GBP |
| GBP | PHP |
|---|---|
| 1 GBP | 79.57 PHP |
| 10 GBP | 795.70 PHP |
| 20 GBP | 1,591.41 PHP |
| 50 GBP | 3,978.53 PHP |
| 100 GBP | 7,957.06 PHP |
| 250 GBP | 19,892.66 PHP |
| 300 GBP | 23,871.19 PHP |
| 500 GBP | 39,785.32 PHP |
| 1,000 GBP | 79,704.94 PHP |
| 2,000 GBP | 159,409.88 PHP |
| 5,000 GBP | 398,524.71 PHP |
| 10,000 GBP | 797,155.52 PHP |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the Philippine Pesos
History
The Philippine Pesos was established as the official currency of Philippines in 1949. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Philippines and Asia. Check our guide about the evolution of PHP to GBP to learn more about their exchange rate history.Characteristics
The Philippine Pesos is divided into Sentimo. You'll find Philippine Pesos banknotes in 20, 50, 100, 200, 500, 1000 pesos and coins in 1, 5, 10, 20 pesos; 1, 5, 10, 25 sentimo.Monetary policy
The Philippine Pesos is managed by the Bangko Sentral ng Pilipinas, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Philippines.Currency exchange
The value of the Philippine Pesos is determined by a floating exchange rate. This means its value can fluctuate based on global supply and demand, reflecting the country's economic strength and market conditions.
Facts table for the Philippine Pesos (PHP)
| Currency name | Philippine Pesos | |
| Currency code | PHP | |
| Currency symbol | ₱ | |
| Minor unit | Sentimo | |
| Minor unit symbol | ¢ | |
| Notes frequently used | 20, 50, 100, 200, 500, 1000 pesos | |
| Coins frequently used | 1, 5, 10, 20 pesos; 1, 5, 10, 25 sentimo | |
| Central bank | Bangko Sentral ng Pilipinas | |
| Users | Philippines |
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