Philippine Peso to US Dollar (PHP to USD) — Currency Exchange Rate, Convert, Chart (2024)

PHPPhilippine Peso

Country of Circulation: Philippines

Currency Code, Symbol: PHP, ₱

Denominations of coins in circulation:1¢, 5¢, 10¢, 25¢, ₱1, ₱5, ₱10

Denominations of banknotes in circulation:₱20, ₱50, ₱100, ₱200, ₱500, ₱1000

History:The Philippine peso (international symbol: ₱, code: PHP, number: 608) is the currency of the Asian country – the Philippines – that is used for payment only within its territory.The term PHP is used to facilitate its turnover on the international currency exchange market. The change for the Philippine peso is sentimo.One peso equals 100 sentimo. The Philippine peso was issued in 1852. The currency officially replaced real. The notes are not printed in the country itself. The government uses services of third-party companies located in Europe. The bulk of it is printed in France.Read More

USDUS Dollar

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation:1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation:$1, $2, $5, $10, $20, $50, $100

History:The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda.USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents.The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset.Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More