Currency Philippines

Currency Philippines

Сообщение HainanWel.com(e)! » 26 янв 2015, 16:22

Currency Philippines

National monetary unit of the Philippines is the peso (from Philippine piso), which is equal to 100 centavos, or cents. Centavo - a national currency, introduced in the early years of independence, the Philippine country. In colonial years in circulation were "real", with their arrival to the public and the era of monetary relations. International Code of Philippine currency is - PHP. Philippine peso symbol is crossed the letter «P»: ₱, as strikethrough and may be accompanied by one line. The peso may be referred to the usual Latin letter (P). Sign peso (₱) placed before the amount and the sign centavos (c) always comes after the amount. The Philippine banknotes portrait of Ninoy Aquino (Philippine great leader of the opposition, who was sentenced to death and later expelled from the country).
Banknotes and coins on Philippine territory

Basically, the Philippines used the coins of small denominations of 5, 10 and 20 pesos, because the price level is quite low. The appeal also are banknotes in denominations of 5, 10, 20, 50, 100, 200, 500 and 1,000 pesos, but for a long time small banknotes in denominations of 5,10 and 20 pesos no longer printed, they are simply replaced by coins. All bills are more than two modifications. The new banknotes displayed signature of the president of the Philippines Gloria Macapagal-Arroyo and the head of the Central Bank Rafael Buenaventura. One of the Philippine banknotes honored to receive a place of honor, and was entered in the Guinness Book of Records - banknote denominations of 100 thousand pesos, published in 1988, was recognized as the highest denomination in size 216 × 356 mm.
Currency Exchange in Philippines

The exact exchange rate provide only the central banks of the capital - Manila. In other exchange offices, the rate is much lower than average. Currency exchange, you can at airports, banks or specialized exchange offices.
Import of currency in the Philippines is not limited, you can take up to 1,000 pesos. Currency exchange, it is desirable to keep the bank checks, in case you want to change the pesos back to the desired currency.
Accepted in all major institutions of the country. There are times that the exchange of foreign currency occurring complexity and problems of various kinds, so it's best to bring the dollars in exchange dollars for pesos problems should not arise.
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