Philippine Pesos (PHP)
The Philippine peso (PHP) is the official currency of the Philippines. One Philippine peso is divided into 100 centavos, and its symbol is ₱. The Bangko Sentral ng Pilipinas (BSP) is responsible for issuing and regulating the currency.
The value of the PHP can fluctuate depending on a variety of factors such as global economic conditions, trade policies, interest rates, and political events. As an AI language model, I don’t have access to real-time data, so I suggest checking a reliable financial news source or currency converter for up-to-date information on the current PHP exchange rates.
As of my knowledge cutoff date of September 2021, the PHP to USD exchange rate was around 0.02, meaning that one Philippine peso was worth approximately 0.02 US dollars. However, please note that exchange rates can be volatile and may change rapidly due to various market conditions.