philippine peso

[RobertaInvag]

the basic unit of money in the Philippines; equal to 100 centavos

[ThomasSlege]

The Philippine peso, often denoted by the symbol ₱, is the official currency of the Philippines. It is subdivided into 100 centavos or sentimos in Filipino. The Central Bank of the Philippines, known as Bangko Sentral ng Pilipinas, is in charge of issuing, handling, and regulating the Philippine peso. Its exchange rate with other currencies varies and is determined by the foreign exchange market.