Philippine Peso

Philippine Peso

Philippine Peso overview

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.

1 PHP to USD exchange rates chart

PHP to  exchange rates chart

Philippine Peso news

Local shares recover, Peso stays still

MANILA -- The Philippine Stock Exchange index (PSEi) on Wednesday ended its three-day slide, lifted by encouraging earnings in the local bourse, while the peso was almost unchanged against the greenback.PSEi gained 1.16 percent, or 79.25 points, to 6,923.08 points, which Bank of the Philippine...

indicative positive
Oil price slump, Brexit news boost most Asian currencies

Nov 14- Most Asian currencies firmed on Wednesday as the dollar softened and a slump in oil prices eased concerns about inflation risks. Oil prices.

conditional neutral
USD/MYR May Drop Next as Dominant Trends in IDR and PHP Continue

Multiple bearish signals in USD/MYR warn that that Malaysian Ringgit may appreciate against the US Dollar next. Meanwhile the dominant trends in USD/IDR and USD/PHP

conditional negative
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
P2 oil price rollback takes effect Tuesday

MANILA -- Another big time rollback in pump prices is set on Tuesday, Nov. 13, by at least PHP2 per liter.Oil firms announced on Monday that they will cut diesel prices by PHP2 per liter while lowering gasoline prices by PHP2.30 per liter.This will be the highest oil price rollback implemented...

conditional negative
Asian currencies fall on global worries, dollar strength

Indian rupee weakens 0.6 pct, leads losses; Jump in oil prices puts pressure on rupee, rupiah and peso; India's inflation data due later in day

indicative neutral

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