Everything you need to know

Philippines Currency

Travelling to or living in Philippines? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.

Use the TransferGo card in Philippines

The TransferGo card helps you spend smarter in Philippines. Pay in local shops, withdraw cash from ATMs, and enjoy contactless or virtual payments — all while avoiding hidden bank fees and poor exchange rates. Everything is managed from the app, so you’re always in control of your money.

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What is the currency in Philippines?

The official currency is the Philippine peso

The peso has been the official currency since Spanish colonial times, with modern notes and coins issued by Bangko Sentral ng Pilipinas.

PHP, ₱

Banknotes

₱20

₱50

₱100

₱200

₱500

₱1,000

Coins

10 pesos

25 centavos

Popular Peso pairings

A

PHP

AED

PHP

ALL

PHP

AMD

PHP

ANG

PHP

AOA

PHP

AUD

PHP

AWG

PHP

AZN

B

PHP

BBD

PHP

BDT

PHP

BGN

PHP

BHD

PHP

BMD

PHP

BND

PHP

BOB

PHP

BRL

PHP

BSD

PHP

BTN

PHP

BWP

PHP

BZD

C

PHP

CAD

PHP

CHF

PHP

CLP

PHP

COP

PHP

CRC

PHP

CZK

D

PHP

DJF

PHP

DKK

PHP

DOP

PHP

DZD

E

PHP

EGP

PHP

ETB

PHP

EUR

F

PHP

FJD

G

PHP

GBP

PHP

GEL

PHP

GHS

PHP

GIP

PHP

GMD

PHP

GYD

H

PHP

HKD

PHP

HNL

PHP

HUF

I

PHP

IDR

PHP

ILS

PHP

INR

J

PHP

JMD

PHP

JPY

K

PHP

KES

PHP

KGS

PHP

KHR

PHP

KMF

PHP

KWD

PHP

KYD

PHP

KZT

L

PHP

LKR

PHP

LSL

M

PHP

MAD

PHP

MDL

PHP

MGA

PHP

MKD

PHP

MNT

PHP

MRU

PHP

MUR

PHP

MVR

PHP

MWK

PHP

MXN

PHP

MYR

PHP

MZN

N

PHP

NAD

PHP

NGN

PHP

NOK

PHP

NPR

PHP

NZD

O

PHP

OMR

P

PHP

PEN

PHP

PGK

PHP

PKR

PHP

PLN

PHP

PYG

Q

PHP

QAR

R

PHP

RON

PHP

RWF

S

PHP

SAR

PHP

SBD

PHP

SCR

PHP

SEK

PHP

SGD

PHP

SRD

PHP

SZL

T

PHP

THB

PHP

TJS

PHP

TMT

PHP

TOP

PHP

TRY

PHP

TTD

PHP

TZS

U

PHP

UAH

PHP

UGX

PHP

USD

PHP

UYU

PHP

UZS

V

PHP

VND

PHP

VUV

W

PHP

WST

X

PHP

XAF

PHP

XCD

PHP

XOF

Z

PHP

ZAR

PHP

ZMW

How to spend money in Philippines

Cash is essential across much of the Philippines, particularly in rural towns, local transport (jeepneys, tricycles), and street food stalls. In Metro Manila and other big cities, cards are accepted in malls, hotels, and larger restaurants, with contactless payments becoming more popular. Mobile wallets such as GCash and Maya are widely used for everyday payments, even in small shops. ATMs are common in cities but charge fees per withdrawal.

Tip: Always pay in the local currency to get the best exchange rate and avoid extra conversion charges.

Tips for exchanging money in Philippines

Exchange rates at shopping mall money changers are usually fairer than banks.

Avoid airport exchanges, which tend to have poor rates.

Carry small bills for transport and rural purchases.

When withdrawing from ATMs, be mindful of withdrawal limits and international fees.

With TransferGo, you can send pesos directly to friends, family, or bank accounts—ideal for remittances that power everyday life in the Philippines.

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“Really good service!”

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“Great company and competitive rates”

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Frequently asked questions

What is the official currency used in Philippines?

The Philippine peso (PHP, ₱).

What is the official currency used in Philippines?

Symbol: ₱ | Code: PHP

Can I use my home currency in Philippines?

Not for daily transactions. Some hotels may take USD, but pesos are the standard currency.

How can I use the TransferGo card in Philippines?

Just activate it in the app and start spending — online, in stores, or at ATMs.

Is it better to use cash or card when spending in Philippines?

Cash is widely used, especially outside cities. Cards are accepted in malls, restaurants, and hotels.

Are credit or debit cards widely accepted in Philippines?

Yes, in urban areas, but smaller shops often prefer cash.

Are there ATMs available in Philippines, and are there withdrawal limits?

Yes, ATMs are common. Withdrawal fees and limits vary by bank.

Can I use a TransferGo card in Philippines?

Yes! You can use your TransferGo card for spending, withdrawing, or managing your money— with fair rates and no hidden fees.