what currency is php

The currency of the Philippines is the Philippine peso, which is also referred to by its Filipino name "piso". The symbol for the Philippine peso is "₱" and its currency code is PHP. The Philippine peso is subdivided into 100 sentimo, also called centavos. As of the latest available exchange rate, 1 Philippine Peso is equal to approximately 0.0178 US Dollars. The Philippine peso is widely used in the Philippines for various transactions and is also available for exchange to other currencies such as the US Dollar.