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 ?
Another Philippine based carrier, Cebu Pacific, had previously offered over 50,000 PHP1 tickets for travel from 20 June to 18 October.
Bangko Sentral ng Pilipinas said the real-estate exposure of universal, commercial and thrift banks stood at PHP1.
Happy hour is extended from 12nn to 9pm daily: 2 pitchers of draft is set at Php420+++ while the pale tower rate is set at Php1,200+++.
Comparative figures have been lower though than last year at PHP1.
In a meeting with all national line agencies last Friday, the lone congressman of the province informed Philippine Coconut Authority representative Carmelita Maturan that PCA central office has allocated the amount of Php1.
Trading gains in the January to September 2013 period were PHP1.
The new side arms are part of the 75,000 consignment that the government had purchased for Php1.
Happy hour is extended from 12nn to 9pm daily - get 2 pitchers of draft beer at Php420+, and fun beer towers at Php1,200+.
Auto Business News-February 21, 2012--Toyota Motor Philippines Corp to invest PHP1.
The Q1 2011 Philippines Retail Report forecasts that the country's retail sales will grow from a forecast PHP1.
The Department of Labor and Employment (DOLE) 12 is handing out PhP1.
China Banking Corp has completed the acquisition of Planters Development Bank with a payment of PHP1.