PHP

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PHP

The ISO 4217 currency code for the Philippines Peso.

PHP

ISO 4217 code for the Philippine peso. While its origins date to 1852, the modern peso came into being following the independence of the Philippines in the 1940s. It was originally pegged to silver and gold, but overprinting and hoarding of currency caused it to become a floating currency in 1964. Since independence, the Philippines government has consistently devalued the peso in order to reduce the nation's debt in domestic terms. This has made it a weak currency.
References in periodicals archive ?
Patients in the PHP group averaged 186 days before the disease progressed compared to 46 days for patients who did not receive PHP.
implements Oracle ERP for PHP Group, one of the largest business conglomerates in the country, having 43 lines of business unit.
This reflects a 144-day prolongation of hPFS over that of BAC control arm, with less than half the risk of progression and/or death in the PHP group compared to the BAC group (Hazard Ratio = 0.