Currency of Cebu, Philippines

The currency in the Philippines is the Philippine peso (or officially piso), divided into 100 centavos (officially centimo). Its international abbreviation is PHP. Currently (January 2011), the U.S. dollar is worth about 44 pesos, and the euro about 60 pesos (daily update rates are on our Exchange Rate page). Current are coins of 1, 5, 10, and 25 centavos and 1 and 5 pesos, and bank notes of 5, 10, 20, 50, 100, 200, 500 and 1000 pesos. Five and ten peso note is no longer printed, but still legal tender. The coins can be seen on a separate page.