The national currency of the Philippines is the Philippine Peso (PHP), which is composed of 100 centavos. Coins come in denominations of 5, 10 and 25 centavos, 1, 5 and 10 pesos; and 20, 50, 100, 200, 500 and 1,000 notes.

Cash and travelers cheques can be exchanged in licensed exchange offices and international hotels.