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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


Very good service

Very good service, from placing order online to collecting from Airport. I have ordered my foreign money with Travelex many times in the past and will continue to do so into the future. Cheers Travelx.

Recent (1st time) customer

Treated in a courteous manner

Treated in a courteous manner. Went out of their way to meet our requests.

Julieann Phillips

Had no dramas getting the cash I…

Had no dramas getting the cash I ordered. A better rate online then at the branch and the money was ready in 24 hours. Will definitely use again.

Kare

So quick,easy and good exchange rate.

So quick,easy and good exchange rate.

Sharon Webster

Good prompt service

Good prompt service. Fair price when delivery is free.

Brian Ryan

Great service by the team at Essendon…

Great service by the team at Essendon Fields. Easy transaction If any feedback the ability to choose the denomination on the currency would be good

Paul Gleeson

Nothing to complain about

Nothing to complain about. Easy and quick

EJ

Cash bonanza

I had previously used cards and loaded them with overseas currency and as a result paid anywhere between 3%-5% commission. I ordered cash online and paid approx 1cent commission. The cash arrived on time, crisp new bills and the whole process was completed very smoothly. No other fees.

Russell Joseph Hayes

Great rate

Great rate, easy online ordering and pleasant staff at the collection point. Could not have been easier

Sarah Davidson

Nice and easy for those that don't…

Nice and easy for those that don't travel much.

Kate Wilson

Straight-forward website ordering

Straight-forward website ordering, reasonable rates, good communications, reliable delivery.

W Quaile

Excellent exchange rate

Excellent exchange rate. Good delivery options that included enhance security questions.

RAB

I was a little unsure at the beginning…

I was a little unsure at the beginning (my first time) but impressed by the efficiency and love the delivery to door option. Will use again. Thank you.

JASON BARTON

It was easy and I received a great…

It was easy and I received a great rate. The Travelex male worker at Charlestown was fabulous!

Leanne M

Very good service

Very easy and efficient, no issues collecting

Rebecca

Travelex is rated 4 stars by Trustpilot based on over 7272 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.