Philippine piso

Philippine peso
Piso ng Pilipinas (Tagalog)
New Generation Currency banknotes, in current circulation.
ISO 4217
Code	PHP
Denominations
Subunit
1⁄100	Sentimo or centavo
Symbol	₱
Banknotes
Freq. used	₱20, ₱50, ₱100, ₱500, ₱1000
Rarely used	₱200
Coins
Freq. used	₱1, ₱5, ₱10
Rarely used	1¢, 5¢, 10¢, 25¢
Demographics
User(s)	Philippines
Issuance
Central bank	Bangko Sentral ng Pilipinas
Website	www.bsp.gov.ph
Printer	The Security Plant Complex
Website	www.bsp.gov.ph
Mint	The Security Plant Complex
Website	www.bsp.gov.ph
Valuation
Inflation	2.8%
Source	Bangko Sentral ng Pilipinas, June 2017
Method	CPI

The Philippine piso, also referred in English by its former name peso (Philippine English pronunciation: /ˈpɛsoʊ/, /ˈpisoʊ/; Filipino: piso [ˈpiso] or [pɪˈso]; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 céntimos (Filipino: sentimo). As a former colony of the United States, the country used English on its currency, with the word "peso" appearing on notes and coinage until 1967. Since the adoption of the Filipino language for its banknotes and coins, the term "piso" is now used. The standard international spelling per ISO 4217 was changed to "piso" in 2017.

The piso is usually denoted by the symbol "₱". Other ways of writing the Philippine piso sign are "PHP", "PhP", "Php", "P$", or just "P". The "₱" symbol was added to the Unicode standard in version 3.2 and is assigned U+20B1 (₱). The symbol can be accessed through some word processors by typing in "20b1" and then pressing the Alt and X buttons simultaneously. This symbol is unique to the Philippines as the symbol used for the peso in countries like Mexico and other former colonies of Spain in Latin America is "$".