Convert Philippine Peso to Dominican Peso
Please provide values below to convert Philippine Peso [PHP] to Dominican Peso [DOP], or Convert Dominican Peso to Philippine Peso.
How to Convert Philippine Peso to Dominican Peso
1 PHP = 0.943518748653709 DOP
Example: convert 15 PHP to DOP:
15 PHP = 15 × 0.943518748653709 DOP = 14.1527812298056 DOP
Philippine Peso to Dominican Peso Conversion Table
| Philippine Peso | Dominican Peso |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.