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Currency Information on Philippine Peso - PHP – Philippine peso - ₱

The term ‘peso’ was replaced in the Philippines in 1967, when the Philippine language was officially accepted.

The Philippine peso differs from other peso currencies, in that it has its own symbol, – denominated currencies, in that it has its own symbol, rather than using the $ sign, prefixed by a letter denoting the country name as most do. The word ‘piso’ has overridden the word ‘peso’ on banknotes since 1967, when the Philippine language was officially adopted.

Frequently used coins include denominations of ₱1, ₱5 and ₱10, whilst 1¢, 5¢, 10¢, 25¢ coins are not used. Banknotes area available in denominations of 20, 50, 100, 200, 50 and 1000 pesos, though the 200 peso notes is not often used.