Philippine Peso

Philippine Peso

The Philippine peso, also referred to by its Filipino name piso (Philippine English: , , plural pesos; Filipino: piso [ˈpiso, pɪˈso]; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 centavos or sentimos in Filipino. As a former colony of the United States, the country used English on its currency, with the word "peso" appearing on notes and coinage until 1967. Since the adoption of the usage of the Filipino language on banknotes and coins, the term "piso" is now used. From September 2017 to 2 August 2018, the ISO 4217 standard referred to the currency by the Filipino term "piso". It has since been changed back to "peso".The peso is usually denoted by the symbol "₱". Other ways of writing the Philippine peso sign are "PHP", "PhP", "Php", or just "P". The "₱" symbol was added to the Unicode standard in version 3.2 and is assigned U+20B1 (₱). The symbol can be accessed through some word processors by typing in "20b1" and then pressing the Alt and X buttons simultaneously. This symbol is unique to the Philippines as the symbol used for the peso in countries like Mexico and other former colonies of Spain in Latin America is "$".Banknotes and coins of the Philippines are minted and printed at the Security Plant Complex of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) in Quezon City.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

3 Philippine Peso to South African Rand exchange rates chart

3 PHP to ZAR exchange rates graph
3 PHP to ZAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

3 PHP to ZAR exchange rates table

Exchange PHP to ZAR
3 Philippine Peso = 0.815 South African Rand
6 Philippine Peso = 1.630 South African Rand
15 Philippine Peso = 4.074 South African Rand
30 Philippine Peso = 8.148 South African Rand
Exchange Philippine Peso to South African Rand
3 Philippine Peso to South African Rand Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

3 PHP to ZAR exchange rates news

Peso extends winning streak for 6th consecutive session
Peso extends winning streak for 6th consecutive session

The Philippine peso appreciated against the US dollar for the sixth consecutive trading day on Tuesday, largely driven by remittance flows Current trending headlines in business, money, banking, finance, companies, corporations, agriculture, mining, foreign currency rates, Philippine Stock Exchange (PSE) Index, inflation, interest, market prices and economic analysis.

indicative positive
Declining global oil prices boost PH markets

MANILA -- The continued decline in world crude prices has sustained the Philippine peso’s strength against the US dollar while news that a global furniture company plans to invest in the Philippines has lifted the Philippine Stock Exchange index (PSEi).The local currency on Tuesday gained...

indicative negative
PRRD eyes stronger cooperation with China under 'Belt and Road'

MANILA – Belt and Road Initiative (BRI) cooperation is one of the issues expected to be discussed when President Rodrigo Duterte meets with visiting Chinese President Xi Jinping on Tuesday at the Malacañang Palace.In an interview with China Radio International and other Chinese...

conditional neutral
Trading week begins on a positive note

MANILA -- Hopes for a continued rise in interest rates here and in the US boosted the Philippine peso, while clear indications that inflation pressures have waned backed the Philippine Stock Exchange index (PSEi).The local currency ended the week’s first trading day at 52.57 from 52.715...

conditional neutral
BSP rate hike continues to boost peso

The Philippine peso appreciated against the US dollar on Monday, as the market continued to savor the rate hike imposed by the Bangko Sentral ng Pilipinas last week. Current trending headlines in business, money, banking, finance, companies, corporations, agriculture, mining, foreign currency rates, Philippine Stock Exchange (PSE) Index, inflation, interest, market prices and economic analysis.

indicative neutral
Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Benefits as UK Industrial Orders Recover
Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Benefits as UK Industrial Orders Recover

An unexpectedly strong improvement in the CBI industrial orders index helped to shore up Pound Sterling (GBP), in spite of lingering political worries.

conditional neutral
South Africa: West Rand Municipality Vehicles Locked Inside Yard As Employees Refuse to Work

Those who find themselves in emergency situations on the West Rand could be in more trouble than they think because protesting municipality workers are preventing critical services from being carried out.

conditional negative
South African Rand Exchange Rate: Weak ZAR Outlook For Q4 2018 & Q1 2019 As S.A Growth Falters

Despite weakening against a basket of other currencies in the first half of 2018, the South African Rand has steadily rebounded in the foreign exchange markets since the start of September.

conditional neutral
Johannesburg Weather: Severe thunderstorms observed over the West Rand
Johannesburg Weather: Severe thunderstorms observed over the West Rand

Lightning and thunderstorms are observed over large parts of Roodepoort.Â

indicative positive
Dollar to rand: Six major factors that determine the exchange rate
Dollar to rand: Six major factors that determine the exchange rate

With the dollar to rand exchange rate on a never-ending rollercoaster, we've decided to see what exactly makes our markets tick.

indicative positive

3 PHP to ZAR currency converter