Philippine Peso (PHP)
Official currency profile for the Philippine Peso, issued by the Bangko Sentral ng Pilipinas (BSP). Track official policy rates, inflation metrics, and domestic bank clearing systems worldwide.
₱
Philippines
6.0%
Bangko Sentral ng Pilipinas (BSP)
3.3%
Annual CPI
Moderate
Market stability
How Money Moves in Philippines: InstaPay / PESONet
When receiving Philippine Peso (PHP) from abroad, international transfers settle through InstaPay / PESONet. Direct payment networks connect directly to these domestic rails, bypassing expensive SWIFT intermediary correspondent bank fees.
Convert PHP to Other Currencies (19 Corridors)
1 PHP = 0.0172 USD
1 PHP = 0.0159 EUR
1 PHP = 0.0133 GBP
1 PHP = 2.6186 JPY
1 PHP = 0.0238 CAD
1 PHP = 0.0261 AUD
1 PHP = 0.0149 CHF
1 PHP = 0.5890 TRY
1 PHP = 1.4447 INR
1 PHP = 0.0981 BRL
1 PHP = 0.3411 MXN
1 PHP = 0.0227 SGD
1 PHP = 0.0631 AED
1 PHP = 0.0692 PLN
1 PHP = 0.1825 SEK
1 PHP = 0.1881 NOK
1 PHP = 0.0287 NZD
1 PHP = 0.3033 ZAR
1 PHP = 0.5799 THB