Buy Philippine Peso (PHP)

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?**

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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.

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Travelling to the Philippines in the Future?

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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.

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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.

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FAQ Relating to Philippines Currency

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.

^{*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.}

Buy Philippine Pesos