What Currency Does Philippines Use?
Facts last checked 31 August 2026.
Exchange rate (approximate):
1 USD ≈ 61.58 PHP
1 GBP ≈ 82.56 PHP
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
Travel Money Card
Travelling to Philippines? Avoid poor airport exchange rates — a prepaid travel money card or multi-currency card usually gets you a far better deal on Philippine peso spending.
What is money called in Philippines?
Money in Philippines is called the Philippine peso — its ISO 4217 currency code is PHP, and its symbol is ₱. The Philippine peso is the official legal tender in Philippines and is used for all everyday transactions — from paying for goods and services to converting money at banks and exchange bureaus. When travelling, you may also see it referred to as the Philippines currency or simply money in Philippines. The Philippine peso is subdivided into 100 centavos, though small-denomination coins may not always be in everyday circulation.
Is the Philippine peso used anywhere else?
No — Philippines is the only country on this site using the Philippine peso as its official currency.
Practical money tips for Philippines
Card payments are widely accepted in most cities, but it's still worth carrying some Philippine peso in cash for smaller vendors, local transport and rural areas. Notify your bank before travelling to avoid transactions being blocked, and compare card fees — many cards charge a foreign transaction fee that a dedicated travel money card avoids.
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Money essentials for Philippines
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Philippines currency — FAQ
What is the currency of Philippines?
The currency of Philippines is the Philippine peso (currency code: PHP, symbol: ₱).
What is the currency code for Philippines?
The ISO 4217 currency code for the Philippine peso is PHP.
What is the Philippine peso symbol?
The symbol for the Philippine peso is ₱. You will see this on price tags and receipts throughout Philippines.
What currency is used in Philippines?
The official currency used in Philippines is the Philippine peso (PHP).
Can I use US dollars in Philippines?
The official currency of Philippines is the Philippine peso, not the US dollar. While USD may be accepted in some tourist hotels and major cities, you will generally get better rates paying in Philippine peso and should exchange money before or on arrival.
What is the exchange rate for Philippines?
As of July 2026, approximately 1 USD = 61.58 PHP and 1 GBP = 82.56 PHP. Rates change daily — always check a live source before travelling or sending money.
What is money called in Philippines?
Money in Philippines is called the Philippine peso (PHP).
Do other countries use the Philippine peso?
No — Philippines is the only country on this site using the Philippine peso as its official currency.
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