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    Currency in Philippines – Philippine peso PHP

    A practical foreign exchange and currency guide to Philippines


    What currency is used in Philippines?

    The official currency of Philippines is the Philippine peso, with symbol and currency code PHP.


    Things to know about the Philippine peso


    What the Philippine peso looks like?




    Philippine peso – Markets & Rates

    1 USD = 56.70 PHP
    Sell USD  →  Buy PHP
    USD to PHP at 56.70 is 2.1% below its 90-day average 57.89 with range 56.17-59.23.

    11 Nov 2022
    1% 2 Week
    27 Aug 2022
    0.9% 3 Month
    25 Nov 2021
    12.7% 1 Year
    26 Nov 2017
    11.9% 5 Year
    27 Nov 2012
    38.8% 10 Year
    30 Nov 2002
    6.3% 20 Year
    USD/PHP historic rates & change to 25-Nov-2022



    Compare Philippine peso Exchange Rates & Fees

    The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Philippine peso.

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    ProviderAmountsRateTotal Cost

    Travelling to Philippines

    There is a lot more the Philippines than just Manilla so try to get out of the capital, do a little research beforehand about the few possible bad areas and you will be fine. There are ATMs available in most decent sized cities but more than a few travelers have been caught without access to ATMs when getting out of the majors cities, and a lot of popular destinations are nature spots so carrying some cash on you is a good idea. Also using a Prepaid Travel Card can be a good idea so you don’t have to take your credit card everywhere on you. Only drink from bottles water and make sure it is properly sealed when you buy it.

    For getting around buses are the most commonly used means of transportation. Second to that are ferries. On arrival at the international airport the easiest, and most expensive, way to get a taxi is take the White prepaid Taxi. First line on the right of exit. A trip to Makati or Ermita will cost you 500-600 pesos. Normal cheaper taxis are available upstairs on the 4th floor, these should be white coloured also.

    For local trains in Manilla the three line LRT/ MRT elevated railways are a travel bargain and very cheap. While they don’t go everywhere, an indirect trip via Taft and EDSA stations (connection is via an overhead footbridge then through Metropoint Mall) is a good way to avoid a taxi clogged in slow traffic.

    Sending Money to Philippines


    You can read about the best providers and compare the latest deals for international money transfers to Philippines in our Send Money to Philippines guide.




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