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 ?
8bn, while provision of non-performing loans increased 27 percent on year to PHP2.
Rate is set at Php2,680+++ per person and Php1,600 nett per child 5 to 11 years old inclusive of one pumpkin basket with candies and treats.
According to Arsenio Balisacan, Director General of the National Economic Development Authority, the Philippines is losing Php2.
14bn in the first quarter of 2011, compared to PHP2.
Department of Public Works and Highways (DPWH) Bulacan Second District Engineering Office completed Php2.
It can be your go-to-go phone suited for every occasion as this can give you enjoyable mobile experience at a budget-friendly price of Php2,299.
Until June 31, 2012, get a free pint of Hoegaarden beer for every seven bottles consumed, and a cool Snaps Sports Bar t-shirt for a single receipt of Php2,999.
Legarda, Chair of the Senate Committee on Finance, added that the Department of Agriculture (DA) also has Php2.
Every purchase of the DCP-T300, DCP-T500W, DCP-T700W, and MFC-T800W will come with BPI Gift Cards of up to Php2,000.
Aside from the winner, the person who made the winning nomination will also receive Php2,000 and a gift pack courtesy of White Flower.
The regulatory body has alleged that the executive created nearly PHP2.
This capital expenditure is higher than 2010's budget of PHP2.