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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 pesos 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


Ordered foreign currency online and…

Ordered foreign currency online and picked up at airport on departure, good value and a lot easier than ordering thru the bank.

David T

The website had issues which was a…

The website had issues which was a little frustrating. It wouldn’t accept my passport as a form of id one day but did the next.

Rebecca Ivy Charlton

Efficient and convenient

It worked the way they said it would although the exchange rate was pretty ordinary

Vince

Easy

Easy to order currency on website. Lots of places to pickup currency from. Also lots of small currency denominations!

Shaun Butler

The experience was hassle free and very…

The experience was hassle free and very quick

Ian Alexander Gage

Great service and excellent rates

Great service and excellent rates

Jody Lewis

On-line process easy to access & work…

On-line process easy to access & work through. Good security processes. Timely arrival of monies and friendly smooth collection at my choice of convenient branch location.

Tom A

Foreign currency

Easy to order online and pick up in store.

Nicole VK

so far so good

On the ordering and collection process, everything went like clockwork. Yet to travel with the card, so will comment on this on return.

David

Quick easy and efficient service

Quick easy and efficient service. Competitive rates

Noelene McManus

great service

great service, rates not so good.

John Kenny

Happy with the service and good…

Happy with the service and good communication on the progress of the order. Friendly staff at the desk.

Andrew Hobbs

Good rates and easy to use via BPay

Good rates and easy to use via BPay. Good communication

Jane

Arrived on time at my local post office…

Arrived on time at my local post office easy as.

GRC

Easy to order

Easy to order. Delivered on time

Lindy

Travelex is rated 4 stars by Trustpilot based on over 8922 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.

^^Based on mid-market and Travelex Online AUD to FX exchange rates as of the date of the relevant social media post and/or email communication. Rates are subject to change throughout the day. Any rates and savings are quoted as a guide only.

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.