Pound Sterling to Philippine Peso — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Philippines

Currency Code, Symbol: PHP, ₱

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢, ₱1, ₱5, ₱10

Denominations of banknotes in circulation: ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000

History: The Philippine peso (international symbol: ₱, code: PHP, number: 608) is the currency of the Asian country – the Philippines – that is used for payment only within its territory. The term PHP is used to facilitate its turnover on the international currency exchange market. The change for the Philippine peso is sentimo.One peso equals 100 sentimo. The Philippine peso was issued in 1852. The currency officially replaced real. The notes are not printed in the country itself. The government uses services of third-party companies located in Europe. The bulk of it is printed in France.Read More