Philippine Peso

The Philippine peso (sign: ₱; code: PHP), is the official currency of the Philippines. The Philippine peso (aka piso) is subdivided into 100 sentimo, also called centavos, but these are rarely used. The currency is most commonly found in denominations of ₱20, ₱50, ₱100, ₱500, ₱1000 bills and ₱1, ₱5, ₱10, ₱20 coins. Alternative symbols for the peso are "PHP", "PhP", "Php" and "P". The Bangko Sentral ng Pilipinas (BSP) is the central bank for the Philippine peso.