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The Low Down on Philippine Currency

Currency:

Philippine peso

Currency code:

PHP

Central Bank:

Bangko Sentral ng Pilipinas

Currency symbol:

₱ (peso)

Currency sub unit:

¢ (sentimo or centavo)

Bank notes:

₱1, ₱5, ₱10, ₱20, ₱50, ₱100, ₱500

Coins:

1¢, 5¢, 10¢, 25¢




The official currency of the Philippines is the peso, or ‘piso’ in Filipino - abbreviated to PHP.



Philippine banknotes and coins are minted exclusively by the Central Bank of the Philippines or Bangko Sentral ng Pilipinas in Quezon City. The peso has been used in its current form since 1949.



1 peso is divided into 100 centavos, and the most popular bills for Philippine peso are the 20, 50, 100, 500 and 1000 notes.



What to spend your pesos on:

  • *

    Loaf of bread

    8,000 PHP *

  • *

    1 litre of milk

    77 PHP *

  • *

    Pair of jeans

    1,920 PHP *

  • *

    Bottle of beer

    90 PHP *

  • *

    Local bus ticket

    8.5 PHP *

How many pesos will I need?**

Please select your budget above.


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* * * * * *

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Total spending money needed:

  • *A budget
  • *for people for
  • * nights


*Recalculate

Must-See Places in the Philippines

*
  • Bohol
  • Bohol Island is home to the extraordinary Chocolate Hills, a bizarre formation of thousands of grassy mound shaped hills, but stay a little longer and you’ll experience much more. Meet the enchanting tarsier - the world’s smallest primate or wander the Bilar man-made forest.
*
  • El Nido, Palawan
  • Known for its white sandy beaches, coral reefs and clear-watered lagoons, it is little wonder why so many holidaymakers revere this magical island precinct. The marine life and underwater caverns and tunnels make this municipality on Palawan Island a divers dream!
*
  • Boracay
  • One of the smaller Philippine islands, Boracay is a restaurant and resort hub known for its water sport activities, offshore coral reefs and shipwrecks. Climb to the summit of Mount Luho, where you’ll find an observation deck with panoramic views of the entire island.

Buying Philippine Pesos Online is Easy

Simply order your Philippine pesos online to lock in the rate, then choose to collect at your local store, at the airport before you fly, or get it delivered to your home!

  • 1. Click the ‘Buy Pesos Now’ button below
  • And tell us how much you need for your trip.

  • 2. Choose how to get it
  • Get your currency home-delivered or choose to collect at more than 3,600 pick up locations.

  • 3. Pay online
  • Simply pay using either your debit card (recommended) or credit card and you’re all set!

Travelling to the Philippines in the Future?

Travelling to the Philippines in the Future?

Track Rates and get notified when the Philippine peso matches your ideal rate so you can decide if it’s a good time to buy!

Track Rates

Prefer to Buy in Store?

Prefer to Buy in Store?

If buying online is not your thing, visit your nearest Travelex store around and one of our friendly sales consultants will help you organise your real for your trip to the Philippines.

Find a Store

Solo Travel Guide

Solo Travel Guide

Heading to the Philippines on a solo travel adventure? Read our guide on how to make the most of travelling sans companions.

Explore

FAQ Relating to Philippines Currency

Back to top
  • What’s the max. amount of pesos I can take into the Philippines?

    The Central Bank of the Philippines only allows individuals to bring in a total of 50,000 pesos in the form of notes, coins, cheques or money orders. This rule applies to both tourists and residents of the Philippines. You may bring foreign currency in on top of this amount; if you’re travelling to the Philippines and need to take another currency you can buy additional currencies online here

  • Can you use US dollars in the Philippines?

    US dollars are sometimes accepted in larger cities such as Manila or Cebu, but are not widely accepted outside of these parts.

  • Are credit cards accepted in the Philippines?

    Visa and MasterCard are the most widely-accepted cards in the Philippines, however some establishments have a minimum spend requirement before credit cards will be accepted.

Read your reviews on trustpilot


Ease of ordering foreign currency…

Ease of ordering foreign currency online.

Andre Chevalier

Easy to order on line and pick up

Easy to order on line and pick up at the local post office. OK exchange rate, comparable to others. Have used before, and will again. Good service

Phillips

Hassle free with good exchange rate…

Hassle free with good exchange rate online. Plenty of nearby pick up places. I used my local post office.

Kenny B

good service

good service

richard brooks

Great assistence and fast work.

Great assistence and fast work.

Julio Oliveira dos Santos

Easy to use website

Easy to use website, good conversion, no hassel, convenient pickup at post office

Sara

Recommended

Good rate, communication was thorough and pick up seamless.

GG

Online ordering is great!

Having the ability to order the currency exchange online was very handy. I was able to schedule a convenient pick up time and the man that served me was very thorough. Thank you.

Marnie Crea

Travelex is the way to go!

Competitive prices, fast service, convenient pick up locations, highly recommended!

Matthew Parker

Easy to buy currency

Easy to buy currency. Was some contridiction im the amounts i could purchase in one day - different reponses in the faq sections - one said aggregate of 5k per day and the other said 10k. Also was no reference to the amount of transactions i could do in a 24hr period. I was purchasing currency on behalf of other but was unaware that only 2 transactions could be performed in a 24hrs period. So some notice of would be good as well

Steven John Whyburn

Card accepted at all ATMs and retailers used in UK and Europe

Travelex have been really supportive making online management of my card(s) easy. I can also transact face to face. Card did not fail any ATM or EFTPOS transaction in UK or Europe.

Janet Kaye

Really convenient with pick up at my…

Really convenient with pick up at my local Post Office

Julie Cherie Yusop

Reliable prompt convenient service

Reliable prompt convenient service

amk

Really smooth transaction totally…

Really smooth transaction totally recommend Travelex Australia

Vivian Dale Farrell

Exchange rates could be better.

Exchange rates could be better.

Peter K

Travelex is rated 4 stars by Trustpilot based on over 6750 reviews

*Rates are subject to change throughout the day. In-store rates vary compared to online.

**The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip.

Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.