Philippine Currency

Find out what currency is used in the Philippines, tips and tricks for Philippine currency exchange, and how you can save money on your visit with the Wise Philippine peso card.
Philippine currency

What is the currency in the Philippines?

The currency in the Philippines is the Philippine peso. Each peso is divided into 100 sentimos.

When you’re buying currency for the Philippines, look out for the currency code PHP. And once you’re in the Philippines, you’ll see the symbol ₱ used to show prices.

You’ll find Philippine banknotes in denominations of 5, 10, 20, 50, 100, 200, 500 and 1000 - although the 5 and 10 PHP notes are seldom used. There are also 1, 5 and 10 peso coins.

Sentimos come in coins of 1, 2, 5, 10 and 25.

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Use the Wise Philippine peso card to spend in Philippine currency.

The Wise Philippine peso travel money card lets you top up in your local currency, and switch to peso to spend when you’re in the Philippines. You’ll get the best rate for spending in Philippine peso - and can also hold and spend 40+ other currencies with the same card.

Get your Wise travel money card online for free, to send and spend money around the world at the real exchange rate.

Simply top up your card and convert to the currency you need in real time using the Wise app.

You’ll always get the real exchange rate with no hidden costs, and you’ll avoid foreign transaction fees while withdrawing from ATMs abroad, paying in restaurants and shops, and buying your accommodation and flights.

Learn more about the Philippine peso card

Philippine currency card

Tips for exchanging currency in the Philippines.

Familiarise yourself with the mid-market rate before your trip.
The mid-market rate is the true exchange rate - with no sneaky hidden fees. Use an online currency converter before your trip to get a feel for what your money is worth and make sure you get a fair rate when you buy your travel money.
Convert GBP to PHP >
Choose to be charged in the Philippines currency when withdrawing from ATMs.
Being offered to pay in your own currency at an ATM is a sneaky trick and causes many travellers to pay more than they need to. Always choose to pay in the local currency - in this case, peso - to cut your costs and get the best rates available.
Avoid changing currency at airports or hotels.
Currency exchange desks at airports and hotels often markup the exchange rates they use, and may charge hidden fees. Avoid this expensive option whenever you can.
Use the Wise debit card to spend in the Philippines without rip-off fees.
Withdraw money, pay for meals in restaurants or spend in shops in Philippine peso, all at the real exchange rate with the Wise debit card.
Get your travel money card >

Spending money in the Philippines.

Paying by credit or debit card in the Philippines

Cards can be used in bigger cities and in major tourist resorts in the Philippines - but carrying cash as an alternative and for smaller purchases is a good plan.

ATMs in the Philippines

It's surprisingly tricky to find a functioning ATM outside of the major cities in the Philippines - you may even struggle on popular tourist islands. Stock up on local cash when you're in the cities to make sure you don't run out as you travel.

To get the best deal when spending on card or withdrawing money in the Philippines, don’t forget to use the Wise travel money card to avoid sneaky exchange rate markups and excessive fees.

spending money in the Philippines

Philippine currency services.

Convert GBP to Philippine peso

Use our currency converter to see how much your money is worth in Philippine peso and familiarise yourself with the mid-market rate before your trip.

Send money to the Philippines

Need to send GBP to the Philippines? Use Wise for fast, low-cost, and secure online money transfers from the United Kingdom to the Philippines.

See the best Philippine peso exchange rates

Compare live Philippine peso exchange rates and see how much you could save with Wise.

Philippine currency FAQs.

Get your Wise debit card and save on your trip to the Philippines

Spend smart, save money. Avoid sneaky bank fees when travelling, with Wise.

Order your card now