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PHP

The ISO 4217 currency code for the Philippines Peso.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Php5,000 ($96.37) (and additional amounts of Php5,000)
With emphasis on implementing web sites on both servers and browsers, this completely updated reference covers no less than Javascript, PHP5, MySQL, XHTML, XML, Perl 5 and CGI scripts, making it a solid professional reference as well as a classroom text.
Computer libraries strong in PHP5 or MYSQL need this.
The bill seeks to impose a fine of not less than PHP5 million but not more than PHP10 million for violators.
in size or higher will be given the option to donate their Php5 cup discount to their choice of an environmental organization from the given NGO partners.
Manila Water's net income grew from Php2.4 billion in 2007 to Php5.7 billion in 2017, while Maynilad's grew from Php1.3 billion to Php6.8 billion in the same period.
The firm also said that quarterly operating revenue was PHP5.77bn versus PHP6.32bn.
The Brio hatchback is to be priced from PHP5.99m to PHP7.19m and is to compete with the Hyundai i10 and Mitsubishi Mirage.
With her little monthly income, the young mother tries to save up for her daughter's operation and at the same time allot some amount for Baby Naomi's monthly check-up expenses (Php5,000 or QR428) and other needs of the family.
The US bank's investment in MPIC would be worth some PHP5.11bn (USD118m/EUR84.4m) based on the infrastructure company's last closing price of PHP3.55, the Philippine Daily Inquirer said.
The company posted net profit of PHP5.1bn in the first quarter, down 31 percent over the year-ago period.