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 ?
Tickets to Rhythms and Eats on February 14, 2018 are available at Seda BGC's front desk at Php1,200++ per person.
9bn in the period and an increase in the provision for credit and impairment losses to PHP1.
Doctors told us she needed immediate surgery which will cost us around Php500,000 to Php1,000,000," she told Qatar Tribune.
Perfecto Ramon Dimayuga, also a senior vice president at PSBank, reportedly said that the bank was expecting to reach its target profit of PHP1.
Comparative figures have been lower though than last year at PHP1.
In addition to projects under the 2017 Regular Infrastructure Program, DPWH Bulacan Second District Engineering Office also completed the construction of 88 units of school buildings consisting of 755 classrooms amounting Php1.
The battery replacement fee is Php1,500 for eligible units out of warranty, inclusive of labor.
Now they have additional Php1,000 to purchase classroom supplies like chalk, markers, paper, erasers and other materials,' Legarda said in a statement.
Rate is set at Php1,200 nett inclusive of a complimentary one glass of sparkling wine.
7bn while trading and foreign exchange gains has increased to PHP1.
The Q1 2011 Philippines Retail Report forecasts that the country's retail sales will grow from a forecast PHP1.
She also said that the DA has Php1 Billion as Quick Response Fund (QRF), which shall serve as a standby fund to be used for minor repair of small-scale irrigation systems, as well as provision of seeds and other planting materials, fingerlings and fries, livestock, minor fishing paraphernalia for communities or areas stricken by calamities, epidemics, crises, and catastrophes.