| Piso ng Pilipinas (Filipino) | |
|---|---|
 | |
| ISO 4217 | |
| Code | PHP (numeric: 608) |
| Subunit | 0.01 |
| Unit | |
| Symbol | ₱ |
| Denominations | |
| Subunit | |
| 1⁄100 | sentimo (or centavo) |
| Banknotes | |
| Freq. used | ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000 |
| Coins | |
| Freq. used | ₱1, ₱5, ₱10, ₱20 |
| Rarely used | 1¢, 5¢, 25¢ |
| Demographics | |
| User(s) |  Philippines |
| Issuance | |
| Central bank | Bangko Sentral ng Pilipinas |
| Website | www |
| Printer | The Security Plant Complex |
| Mint | The Security Plant Complex |
| Valuation | |
| Inflation | 3.8%[1] |
| Source | Philippine Statistics Authority, April 2024 |
| Method | CPI |
The Philippine peso, also referred to by its Filipino name piso (Philippine English: /ˈpɛsɔː/ PEH-saw, /ˈpiː-/ PEE-, plural pesos; Filipino: piso [ˈpiso, pɪˈso]; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 sentimo, also called centavos.
The peso has the symbol "₱", introduced during American rule in place of the original peso sign "$" used throughout Spanish America.[2] Alternative symbols used are "PHP", "PhP", "Php", or just "P".
The monetary policy of the Philippines is conducted by the Bangko Sentral ng Pilipinas (BSP), established on January 3, 1949, as its central bank. It produces the country's banknotes and coins at its Security Plant Complex, which is set to move to New Clark City in Capas, Tarlac.[3][4]
- ^ "Consumer Price Index and Inflation Rate". www.psa.gov.ph. Retrieved November 23, 2023.
- ^ "Executive orders and proclamations issued by the governor-general. [1903]". UM Library Digital Collections. University of Michigan. 1903. p. 89. Archived from the original on August 17, 2020. Retrieved August 17, 2020.
- ^ "Overview of the BSP". Bangko Sentral ng Pilipinas (BSP) Official Website. Retrieved on October 1, 2013.
- ^ "BSP launches design contest for new". CNN Philippines. Archived from the original on June 11, 2021. Retrieved June 12, 2021.