Philippine Peso (PHP)

fi-luh-peenz pey-soh

Noun

formal english definition

The official currency of the Republic of the Philippines.

EXPLAIN LIKE I'M 5-YEARS-OLD (ELI5) definition

The Philippine Peso (PHP) is the type of money being used in the Philippines. It is what people in the Philippines use to pay in exchange for goods and services.

COMPREHENSIVE definition

The Bangko Sentral ng Pilipinas (BSP), the nation's central bank, issues Philippine pesos as the nation's official currency. People use Philippine pesos to purchase goods and services.

Other local languages
Tagalog definition

Opisyal na pera ng Pilipinas.

Cebuano definition

Ang opisyal nga currency sa Republika sa Pilipinas.

Ilocano definition

Opisyal nga cuarta iti Republico iti Pilipinas.

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