The Philippine peso (PHP), or “piso” in Filipino, is the official currency of the Philippines. It’s subdivided into 100 centavos, or “sentimos” in Filipino. The symbol of the Philippine peso is ₱.
History
- In 1898, the country issued its currency backed by the Philippines’ natural resources.
- In 1902, the US captured the Philippines and established a new currency pegged to gold, about half the price of a US dollar then.
- In 1993, the Philippine peso became a floating currency.
Philippine peso (PHP) profile
| Symbols | ₱ |
| Nicknames | None |
| ISO 4217 code | PHP |
| Central bank | Bangko Sentral ng Pilipinas |
| Currency subunits | Sentimo = 1/100 |
| Denominations | Banknotes: ₱20, ₱50, ₱100, ₱200, ₱500, ₱1,000 Coins: 1, 5, 10, 25 sentimos, ₱1, ₱5, ₱10, ₱20 |
| Countries using this currency | Philippines |
| Currencies pegged to PHP | None |
| PHP is pegged to | None |
Top 5+ Loans Online with Low Interest Rate in the Philippines
Digido stands out from its competitors with a fully automated online portal. Digido is a legit and state-licensed online lender. Download App. Apply Online. Highlights: App Available, Providing Fully Automated Service, No Guarantee Deposits Required. 
MoneyCat is a multinational finance company, now available in the Philippines. They are an effective assistant in all your financial matters. 
Cash loans in an hour in the Philippines: sure approval, no credit check, without a credit card and no collateral. Fast loan approval in 15 minutes.
The Crezu Philippines loan interest rates ranges from 30 to 365% per annum. The amount available to you ranges from 1000 to 50000 PHP. 
SosCredit PH is an independent broker who provides consumers with special loan terms and other important information free of charge.
Finbro PH is an online lending platform that will help you get a quick loan for any purpose for every Filipino. At Finbro, receive cash straight to your e-wallet or bank account! Borrow for as low as Php 1,000 and up to Php 50,000!
Loans Philippines Changed status to publish November 30, 2022