Philippine currency

Explore Negros Island Philippines

The Central Bank of the Philippines is the sole authority empowered to issue currency in the Philippines.

The monetary unit used in the Philippines is the peso (correctly spelled Piso), divided into 100 centavos. However, the only foreign currency to have in the Philippines is US dollars - it's no longer true to say that nothing else is considered to exist. The US dollar certainly exists more than most though.

The Central Bank seeks to ensure the integrity of the currency and enforces the highest degree of protection for the country’s currency. It provides the highest standard of service to banks and to the public. It makes sure that the demand for currency notes and coins is met effectively and efficiently.

Currently, the exchange rate floats around Php 50 / $1 USD, but does vary somewhat. 1 Euro is about Php 58 .

Philippine Currency

Philippine currency Negros island resorts hotels tour packages, holidays gu

This is one reason why so many foreigners, on limited retirement funds especially, come here to live. But, upon coming here to live, many foreigners, especially Americans, can lose track of what they spend here. They do this knowing that it's so cheap here, compared to other parts of the world. Read our Only a Dollar page to get more insight on this.

Old Philippine Currency

Old Philippine currency Negros island resorts hotels tour packages, holidays gu

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Please feel free to contact us should you need more information that is not found in this site. We will be most happy to assist you in all aspects of your holiday. No plan is too big or too small for special people like you. We will always make sure that your holiday is fun and pleasurable.

You may also call the following phone numbers:

Mobile Number:.  (+63 ) 919 - 3447 - 305
Phone Number:.  (+63 ) 34 - 476 - 43 - 67
                            (+63 ) 2 - 775 - 41 - 37