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.

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

52 Philippine Peso to US Dollar exchange rates chart

52 PHP to USD exchange rates graph
52 PHP to USD 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.

52 PHP to USD exchange rates table

Exchange PHP to USD
52 Philippine Peso = 0.983 US Dollar
104 Philippine Peso = 1.965 US Dollar
260 Philippine Peso = 4.913 US Dollar
520 Philippine Peso = 9.827 US Dollar
Exchange Philippine Peso to US Dollar
52 Philippine Peso to US Dollar 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.

Best PHP/USD rate at Security Bank in Quezon City

52 PHP to USD exchange rates at Security Bank in Quezon City
52 Philippine Peso = 0.977 US Dollar
Security Bank
Security Bank

Security Bank has always prioritized two elements: our customers and our people. Our new symbol, “Perfect Harmony”, is a modernized yin-yang symbol depicting these two parts working and coming together. The blue is the renewed Security Bank. A shade more vibrant than the bank’s original color, it represents our change as a company while acknowledging the values that have brought us all our success so far. To emphasize our new attitude, we introduced green, representing our desire to put...

Best PHP/USD rate at Robinsons Bank in Quezon City

52 PHP to USD exchange rates at Robinsons Bank in Quezon City
52 Philippine Peso = 0.977 US Dollar
Robinsons Bank
Robinsons Bank

Robinsons Bank, the financial services arm of the JG Summit Group of companies, is one of the fastest growing commercial banks in the Philippines in terms of capitalization and asset size. The bank is 60.0% owned by JG Summit Capital Services Corp. and 40.0% owned by Robinsons Retail Holdings, Inc., a listed company since November 2013. Company Overview Robinsons Bank is a full-service Philippine commercial bank which delivers hallmark value and convenience to its customers, business...

Best PHP/USD rate at Metrobank in Quezon City

52 PHP to USD exchange rates at Metrobank in Quezon City
52 Philippine Peso = 0.976 US Dollar
Metrobank
Metrobank

Metropolitan Bank and Trust Company Headquarters: Metrobank Plaza, Sen. Gil J. Puyat Avenue, Makati City. (632) 8700 - 700 Metrobank is a leading financial conglomerate with diversified business portfolio including: investment banking, thrift banking, leasing and financing, bancassurance, and credit cards. Offers full range banking services to large local and multinational corporations, middle market and SMEs, high net-worth individuals and retail segment. Established in 1962 to provide...

Best PHP/USD rate at LA Currency in Los Angeles

52 PHP to USD exchange rates at LA Currency in Los Angeles
52 Philippine Peso = 0.912 US Dollar
LA Currency
LA Currency

Frequently Asked Questions No, we do not have any fees and our adjusted, real-time exchange rates can be found on our website. You can always find out how much you will get for your currency or how much you will need to buy currency. Make sure to refresh the browser to get updated rates. Yes, we have free parking at both our locations that are in a shopping plaza with a convenient parking lot and a security personnel. Cash to cash is our preferred payment method. However, only debit cards...

52 PHP to USD exchange rates news

Peso strong despite uncertainty on next move of Central Bank
Peso strong despite uncertainty on next move of Central Bank

THE local currency on Tuesday appreciated to near the P52 territory anew ahead of the Bangko Sentral ng Pilipinas's (BSP) Monetary Board meeting this week. Data

conditional positive
Peso rebounds as oil prices fall

The Philippine peso rebounded against the US dollar on Tuesday, following a drop in global crude prices.   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.

conditional negative
Peso improves ahead of MB meeting, local stocks sink

MANILA -- The Philippine peso improved against the US dollar Tuesday while the Philippine Stock Exchange index (PSEi) dropped further due to negative news overseas.The local currency ended the day at 53.10 from 53.295 a day ago, which a trader said is in line with its counterparts in the...

conditional negative
Most Asian currencies firm on U.S.-China trade talk hopes

Nov 13- Most Asian currencies firmed on Tuesday on hopes of a thaw in Sino-U.S. trade tensions after reports that the two sides have resumed.

indicative neutral
Risk-off sentiment pull down local markets

MANILA -- Expectations of further increases in the US Federal Reserve’s key rates along with drop of prices of oil in the international market weighed down both the Philippine peso and the Philippine Stock Exchange index (PSEi) Monday.The peso finished the day at 53.295 from 52.96 to a...

indicative neutral
There's something behind this market sell-off that no one is talking about: The strong dollar

Stocks investors are spooked about a lot of things, and the strong dollar biting into earnings growth is now one of them.

indicative neutral
The Dollar Keeps Getting Stronger. Here’s What That Means for You.

On Monday, the US dollar reached its highest level in a year and a half, as measured against a weighted basket of foreign currencies. You can now buy a Euro for just $1.12, and a British Pound for $1.29. What does that mean for Americans?

conditional positive
Rupee drops 39 paise against US dollar as crude oil rebounds - Times of India

India Business News: Cutting short the 10-day selling trend, crude oil prices rose by around 1% to touch $71 per barrel mark after the world's largest oil exporter Saudi A

indicative negative
Rupee recovers 22 paise to 72.67 against US dollar

Positive macro data which showed retail inflation dropping to a 13-month low in October also bolstered the market sentiment.

indicative negative

52 PHP to USD currency converter