| Philippines
Philippines
Peso = 100 centimo(s). Notes are in denominations
PHP1000, 500, 200, 100, 50, 20, 10
To
view images and descriptions of all these
denominations [click
here]
Currency
Import/Export Restrictions:
The
import and export of local currency is restricted
to PHP10,000, larger amounts require authorization
from the Bangko sentral ng Pilipinas.
The
import and export of foreign currencies
is free. However, amounts of or equivalent
to USD10,000 or more require a declaration
stating the source and purpose of transport
of currency.
[Click
Here] for more information on doing
a money transfer to Philippines.
Currency
Exchange:
When
in the Philippines always use authorised
money changers or banks. There is a shortage
of facilities for changing money outside
of the capital, Manila.. Also, the further
outside of Manila you go the progressively
worse the rates get.. Try to carry sufficient
amounts of Philippine pesos when travelling
to other provinces. Travellers can be exchanged
in all commercial banks and Central Bank
dealers. They are also accepted in the majority
of hotels, shops and restaurants. Visitors
are advised to take US Dollar travellers
cheques to avoid additional charges.
Credit
Cards:
MasterCard,
Visa, American Express and Diner's Club
are accepted in major establishments throughout
the big cities of the Philippines. Consult
your credit or debit card company for details
of acceptability and services that may be
available.
Banks:
The banking hours
in the Philippines are generally Monday
to Friday 9am-4pm.
Exchange
Rate History:
| Date
|
PHP
Rate |
| 01/01/02
|
76.717 |
| 01/01/03
|
81.265 |
01/01/04
|
93.573 |
| 01/01/05
|
101.406 |
| 01/01/06 |
86.109 |
A rough guide to the tourists rates for the
Philippino Peso since the beginning of 2002.
-View
Philippino Peso exchange Rate-
-Order
Philippino Peso-
-Register
for an International money transfer To Philippines-
|
