Currency Philippine peso
Philippine peso (₱ PHP) is the official currency of the Philippines, divided into 100 centavos. The symbol PHP is commonly used to denote this currency in financial markets. The Philippine peso has a rich history dating back to the Spanish colonization in the 16th century, when the first silver coins worth 8 reales, known as "piastras," were introduced. The current form of the currency, with a decimal system, was introduced in 1967. The main mint and banknote printing press are located in Manila, the capital of the Philippines. Coins in circulation come in denominations of 1, 5, 10, and 25 centavos, as well as 1, 5, and 10 pesos, while banknotes are available in denominations of 20, 50, 100, 200, 500, and 1000 pesos. The Philippine peso is a stable currency that plays a significant role in the Southeast Asian region. Monuments and banknotes of the Philippine peso feature symbols of Filipino culture and history. Some banknotes depict prominent figures from the country's history, such as José Rizal, who played a key role in the fight for Philippine independence. Additionally, images related to the rich nature and landscapes of the Philippines, such as coconut palms, paradise beaches, and long rivers, can be found on coins and banknotes. You can check current philippine peso exchange rate at Quantor.pl