Well dear viewers, I would like to share this opportunity to talk about the Philippine Currency, Philippine Peso Bill, Philippine Money, Philippine Peso, Pera ng Pilipinas, Pananalapi ng Pilipinas or in its simpler term Pesos or PHP. Most expatriates who have been away for quite a while have not seen the present Philippine Banknotes or inbound travelers to the Philippines such as Tourist or Businessmen. The Central Bank of the Philippines has issued advises for all travelers to change their foreign currencies on legitimate money exchange firms preferably banking institutions. This is to avoid getting scammed, fraud and acquiring local counterfeits. Familiarizing the local Philippine currency is also a must and their local values. When changing your foreign currency exchange rates varies from different exchange centers and local banks. It is a smart thing to look or compare rates before changing your foreign currencies. Below are photos of the present currency notes of the Republic of the Philippines. While the 5 pesos and 10 pesos denomination still exists and are still considered legal tender, the local population uses the coin and are much more visible than the legal tender notes.

5 Pesos - Limang Piso

10 Pesos - Sampung Piso

20 Pesos - Dalawangpung Piso

50 Pesos - Limangpung Piso

100 Hundred Pesos - Isandaang Piso

200 Hundred Pesos - Dalawandaang Piso

500 Pesos - Limandaang Piso

1000 Pesos - IsangLibong Piso

That’s it folks and we hope you enjoy your stay in the beautiful country of the Philippines. In the next issue we would talk about the different banking institutions so foreign travelers would have an idea where to go.
Mabuhay and Welcome !!!

Tags: money, pananalapi, pera, peso