Philippine Peso

The Philippine peso, code PHP, is the official currency of the Philippines. It is issued and regulated by the Bangko Sentral ng Pilipinas, and is used for salaries, shopping, bills, and everyday business payments.

The symbol of the Philippine peso is ₱. One peso is divided into 100 centavos. Polymer notes are gradually being introduced, while paper notes are still in circulation.

When sending or converting to PHP, the rate may change based on market conditions. ZoltMoney helps you see the exchange rate, fees, and final amount before completing the transfer.

Country of Origin
Philippines
Symbol
Currency Code
PHP
Nick Name
piso
Mirror units
sentimo (1/100)
Banknote Material
Polymer (new series), Paper (older series still in circulation)
Central Bank
Bangko Sentral ng Pilipinas
Background

History of the Vietnamese đồng

The Philippine peso (PHP) has a long history, shaped by the Spanish colonial trade era and later periods of economic development. The name “peso” originates from Spanish monetary traditions and continues to be used as the Philippines’ main currency unit.

The Bangko Sentral ng Pilipinas manages the modern peso, issuing banknotes and coins while also overseeing monetary policy. One peso is divided into 100 centavos.

Today, the PHP is widely used for salaries, shopping, bill payments, and money transfers. Its exchange rate can fluctuate based on trade, interest rates, inflation, and international capital flows.

1 PHP = --

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PHP to INR Historical Exchange Rate Chart

When you send money to India from USA, exchange rate movements can change the final INR amount more than you think. With ZoltMoney’s interactive USD to INR chart powered by mid-market exchange rates, you can make decisions with clarity.

Use the chart to:

  • Check live USD to INR rates before transferring
  • View historical trends for the last 48 hours up to 5 years
  • Avoid rate surprises by seeing real-time changes

You can also set a rate alert and we’ll notify you when the USD to INR rate improves, so you don’t have to keep checking every day.

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