What is the face value of the Philippine currency peso?

Living in the Philippines is not in RMB. The money used in the Philippines is the Philippine peso, which is the currency of the Philippines. So living in the Philippines needs to exchange RMB for pesos. However, many friends do not understand the face value of Philippine pesos, so this article will answer for everyone!

What is the face value of the Philippine peso?

Life in the Philippines is inseparable from the currency of the Philippine peso, the Philippine peso has a very variety of face value, the world currency has a characteristic, the more the face value of the currency is less valuable, all the Philippine peso is not worth the yuan, the dollar, the euro. The face values of Philippine pesos are: 20 yuan, 50 yuan, 100 yuan, 200 yuan, 500 yuan and 1000 yuan. The face value of Philippine pesos is capped at 1,000 yuan. These face values are banknotes, and the face value below 20 pesos is coins.

Don't think that one thousand pesos is a lot. As mentioned above, the more currencies with a face value, the less valuable they are. One thousand pesos is equal to 125 yuan and one thousand pesos is equal to 16 dollars. This is the exchange rate between currencies.

So can the dollar circulate in the Philippines?

Many friends have doubts about whether the U.S. dollar can be used in the Philippines. The U.S. dollar is the world's largest currency, and the U.S. dollar is also a way to settle business between countries. Many countries in the world allow U.S. dollars to be used in their territory, but U.S. dollars cannot be used in the Philippines. No matter what currency it is, it cannot be circulated in the Philippines, so money can only be exchanged for pesos.

EasyGo Easy Tour International has answered the face value of the Philippine currency peso, which is convenient for everyone to exchange in the Philippines. EasyGo Easy Tour International is specialized in assisting in handling Philippine visas. Apart from visas, EasyGo Easy Tour International can provide help to everyone in all aspects of the Philippines. If you need EasyGo Easy Tour International to assist in handling some formalities or have any questions, you can contact our customer service.