Philippines Currency


The currency of the Philippines is the Peso (PHP), which is divided into 100 centavos. Major credit cards are widely accepted in cities and tourist destinations. ATMs are available in the major cities and in main centres on some islands. US dollars are widely accepted in Manila and other tourist areas and are the easiest currency to exchange; otherwise euros and pounds sterling can also be exchanged in banks and hotels. Most bank in the Philippines are open from 9am to 5pm, Monday to Friday, but their ATMs are open 24 hours. It is best to carry pesos when travelling outside of major centres.

Currency Exchange Rates

Philippines PHP 1 PHP 5 PHP 10 PHP 100 PHP 1,000
Australia AUD 0.03 AUD 0.13 AUD 0.27 AUD 2.68 AUD 26.79
Canada CAD 0.03 CAD 0.14 CAD 0.27 CAD 2.71 CAD 27.06
Ireland EUR 0.02 EUR 0.09 EUR 0.18 EUR 1.79 EUR 17.87
New Zealand NZD 0.03 NZD 0.14 NZD 0.29 NZD 2.85 NZD 28.51
South Africa ZAR 0.26 ZAR 1.29 ZAR 2.59 ZAR 25.87 ZAR 258.68
United Kingdom GBP 0.02 GBP 0.08 GBP 0.15 GBP 1.55 GBP 15.45
United States of America USD 0.02 USD 0.10 USD 0.20 USD 2.01 USD 20.07

Note: These currency exchange rates are not updated daily and should be used as a guideline only.

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Karel took his online job along with him on his travels nine years ago, exploring mainly Europe and Asia, and never looked back! His mission to explore the world was interrupted by his love affair with the Philippines and its people, which began the moment he stepped off the plane, and he is now seriously considering settling in the country for good.

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