The official currency of the Philippines is the Philippine Peso (PHP). Currency exchange is available at airports, banks, shopping malls, and licensed money changers. Philippine banknotes are available in denominations of ₱50, ₱100, ₱200, ₱500, and ₱1,000.
Visa, Mastercard, American Express, and JCB are widely accepted at hotels, resorts, restaurants, and major tourist establishments. However, cash is recommended for local markets, small businesses, transportation, and remote islands.
ATMs are available in cities and popular destinations, but travelers visiting remote areas should withdraw cash in advance.
Quick Facts:
- Currency: Philippine Peso (PHP)
- Symbol: ₱
- Cards Accepted: Visa, Mastercard, American Express, JCB
- ATMs: Widely available in major destinations
- Cash Recommended: Yes, for small purchases and remote islands