By Admin 
The 6.9 magnitude earthquake occurred on the night of Tuesday (30 September 2025) in the Philippines Sebu province, killing 69 people, while around 150 people were injured. However, if we compare the value of the currency of the currency here with the rupee of India, then a Philippines Peso here is equal to 52 paise in India. This means that the price of currency here is high in India, whereas these countries are far behind in every case than India. In this way, if someone goes to Indian Philippines and earns 1 lakh Philippines Peso, then it will come to India and its price will be 1 lakh 52 thousand 449.90 rupees.
The Bank of the Philippines releases the Philippines Peso. Its official mark is 4. The Philippines Peso (₱) began in the Spanish colonial period. In the 1500s, the Spanish rulers brought real and later Peso De Ocho (eight real coin). This silver coin became the main medium of trade throughout the Asia-Pacific region. American rule over the Philippines began in 1898 after the Spain-US War. American peso was adopted in 1903. It was linked to US dollars (1 USD = 2 Php). During this time, banking system and note printing got modern form.
Peso gets the status of independent national currency
After World War II, the Philippines became independent in 1946. In 1949, the Central Bank of Philippines was established. After this, Peso got the status of independent national currency. There were major changes in the currency from the end of the 1960s. Printing in the Philipin language (Filipino) started on notes. National heroes, culture and history were shown on notes and coins. This made Peso a symbol of a national identity.
New generation currency
The New Generation Currency (NGC) series was released in 2010. Security features were strengthened in this. The new notes and coins have shown the heritage, natural sites and heroes of the Philippines. The Filippines has the official currency of the Philippines Peso (PHP) and its banknotes run in a price class of 20, 50, 100, 200, 500 and 1,000 pesos. However, 200 peso note has now been closed, as it is less used. 10, 5, and 1 peso coins are also in circulation.
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