Colorful Filipino Currency 💸
The vibrant and colorful Filipino currency, known as the Philippine peso (PHP), is a fascinating aspect of the country’s rich culture.
The notes come in a spectrum of hues, including orange, red, purple, green, yellow, and light blue, making them not only functional but also visually appealing. Each denomination, from the 20-peso note to the 1,000-peso note, features unique designs that reflect the Philippines’ heritage and history.
Whether you’re planning a trip to the bustling streets of Manila or the serene beaches of Boracay, understanding and appreciating the local currency will enhance your travel experience.
Highlights
- Peso Banknotes: Spectrum of Colors
- All Hotel Options in Manila
- Our Complete Philippines Itinerary
- Our Overall Philippines Impressions
Peso Banknotes – A Spectrum of Colors
Check out the colorful Filipino currency! These notes are brightly colored like Euros (though the equivalent amount goes a lot further 😃). Makes a nice change from the dull old American dollars.
It can sometimes be difficult to get the locals to change the larger denominations (500 or 1000 peso notes), so we took every opportunity to keep a big stash of lower denomination notes.
1 Euro converts to approximately 63 pesos, and 1 US$ will get you around 58 pesos.
Philippine peso Banknotes
For our 20-day trip around the Philippines, we were on a daily budget of 1,800 pesos per day, excluding accommodation (€35). For accommodation, we budgeted around €30 per night, giving us a total daily budget of €65.
1-peso coin vending machine fraud
The 1-peso coin has the same size as the 1 United Arab Emirates dirham coin, which has led to vending machine fraud in the U.A.E. Similar frauds also occurred in the US, as the 1-peso coin is roughly the same size as the quarter. Newer digital parking meters are not affected by the fraud.
Demonetization of Filipino currency in 2015
If you already visited the Philippines before 2015 and are still hanging on to old peso paper currency, then you’re out of luck. Following the demonetization process for the old peso bills in 2015, the old bills are no longer accepted.
Discontinued Philippine peso Banknotes
So if you still have the old notes, you can keep them as souvenirs.
Before starting our trip to the Philippines, we had planned a budget of €1,600 (96,000 pesos) per person for the entire 20-day trip with flights. This also included a 2-night stay in Rome.
Check out Our Philippines Impressions to find out how much it actually cost.
If you enjoyed Colorful Filipino Currency, check out our Philippines Travel Plan. You may also like:
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