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Philippines
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Money

Philippines

Currency

Philippine Peso (PHP; symbol Php) = 100 centavos. Notes are in denominations of Php1,000, 500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of Php10, 5, 2 and 1, and 50, 25, 10 and 5 centavos.

Currency Exchange

Cash in Pounds Sterling or US Dollars can be exchanged in banks, hotels and some retail outlets. Always use authorised money-changers or banks in Manila. Outside the capital there is a shortage of facilities for changing foreign currency and rates may get progressively worse as you travel further away from the city. It is advisable to carry a sufficient amount of Philippine pesos when travelling to other provinces.

Credit/Debit Cards and ATMs

American Express, Diners Club, MasterCard and Visa are widely accepted in major establishments throughout the big cities of the Philippines. ATMs are available.

Traveller's Cheques

Traveller's cheques and major foreign currency may be cashed at most commercial banks and Central Bank dealers. They are also accepted in most hotels, restaurants and shops. To avoid difficulties, travellers are advised to carry their receipt of purchase with them. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars.

Currency Restrictions

Restrictions apply.

Banking Hours

Mon-Fri 0900-1500.

Exchange Rate Indicators

Date Jan 09
£1.00= Php69.27
$1.00= Php46.46
€1.00= Php63.26

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