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Philippine Peso

Philippines - Philippine Peso (PHP)
Rate: 0.02005

Our exchange rates are locked in every weekday at our branches around 8 am EST. The rate shown when you make the online reservation is the exchange rate of that day, so it is good for that day only. The exchange rate you pay will be that of the day when you actually pick up and pay for the currency. The indication rate gives you a good reference point as currency exchange rates typically move less than 3% day to day.


49.8753 PHP = $1 USD
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PHP = USD
Symbol: ₱ 
Country: Philippines
The Philippine peso is the currency of the Philippines. Our records show the Philippine peso is the 19th most traded currency with us. The banknotes are printed on paper. The Bangko Sentral ng Pilipinas (BSP) is responsible for issuing the Philippine banknotes. Before the implementation of an official currency, Philippines participated in a gold barter system that eventually evolved into “piloncitos” which translates to “small pieces of gold”. In 1949, the Central Bank of the Philippines established a formal Filipino currency.

Did You Know?
These items cost the USD equivalent in the city of Dubai, United Arab Emirates*:
  • 10 Mile Cab Ride: $4.87 USD
  • Budget Dinner for 2: $6.62 USD
  • Pint of Beer: $1.13 USD
  • Tip Percentage: 10%


  • *Figures are based on 2023 data. Information is subject to change as exchange rates and cost of goods fluctuate.