Currency

The currency in the Philippines is the Philippine peso (or piso), divided into 100 centavos (or centimo). Currently (January 2002), the U.S. dollar is worth about 52 pesos, and the euro about 46 pesos. Current are coins of 1, 5, 10, and 25 centavos and 1 and 5 pesos, and bank notes of 5, 10, 20, 50, 100, 200, 500 and 1000 pesos. The 5 peso note is no longer printed, but still legal tender. The coins can be seen on a separate page. 

A few years ago, all old Philippine currency was replaced by new banknotes and coins, which are now the only ones valid. Older notes cannot be used anymore. If you are interested in what the old notes looked like, just have a look at our old Philippine money page