The Philippine Peso (PHP) is the official currency of the Republic of the Philippines and is issued by the Bangko Sentral ng Pilipinas (BSP). Symbolized as ₱, the Peso is divided into 100 centavos and plays a vital role in the country’s growing economy. Known for its colorful banknotes that feature national heroes and cultural landmarks, the Philippine Peso represents the nation’s economic progress, cultural heritage, and commitment to financial stability in Southeast Asia.