Philippine Peso
(PHP) Insights
Currency of major OFW (Overseas Filipino Worker) economy; remittance inflows are economic pillar; BPO (Business Process Outsourcing) sector major USD earner; significant in ASEAN EM
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PHP Live Converter
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Real-time interbank rate: Live data unavailable
Currency Snapshot
Technical specifications, central bank governance, and market standing for Philippine Peso.
PHP
Standardized ISO 4217 Currency Code
₱
Unicode Glyphs & Display Symbol
1/100 = Sentimo Decimals
Subdivision unit definition
Philippines
Bangko Sentral ng Pilipinas (BSP)
Bangko Sentral ng Pilipinas (BSP)
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Market-determined exchange rate mechanism
Currency Standard: Fiat
Classified as Fiat in global trade networks
Banknotes
₱20
Coins
1s
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Philippine Peso, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Bangko Sentral ng Pilipinas (BSP).
PHP Market Insights
Deep-dive analysis of the Philippine Peso's global impact, remittance role, and institutional influence.
Strong Currency Impact
Cheaper imports; lower peso remittance values (critical economic impact); pressure on BPO cost competitiveness
Weak Currency Impact
Higher remittance values in pesos; boosts BPO earnings; higher fuel and import inflation
Remittance Role
Philippines is world's 4th largest remittance recipient (~$38 billion/year); major sources are USA, Saudi Arabia, UAE, Singapore, Japan, Hong Kong
Central Bank Tools
Overnight Reverse Repurchase Rate, Reserve Requirements, FX interventions
Common Questions About Philippine Peso
Everything you need to know about PHP exchange rates, banknotes, and historical significance.