{"id":14093,"date":"2023-11-30T14:20:19","date_gmt":"2023-11-30T14:20:19","guid":{"rendered":"https:\/\/cebu101.com\/geld-philippinen\/"},"modified":"2026-11-11T15:41:46","modified_gmt":"2026-11-11T15:41:46","slug":"money-in-the-philippines","status":"publish","type":"post","link":"https:\/\/cebu101.com\/en\/money-in-the-philippines\/","title":{"rendered":"Money in the Philippines"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Welcome to the Philippines, a beautiful archipelago in the heart of Southeast Asia! Before you travel, you will almost certainly wonder how money works there. In this comprehensive guide we have put together how to withdraw and exchange money, plus other important tips on money in the Philippines.<\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h4>Table of Contents<\/h4><nav><ul><li class=\"\"><a href=\"#allgemeine-infos-geld-philippinen\">Money in the Philippines \u2013 The Basics<\/a><ul><li class=\"\"><a href=\"#aktueller-wechselkurs-php-euro\">Current PHP \/ Euro Exchange Rate<\/a><\/li><\/ul><\/li><li class=\"\"><a href=\"#wechselstuben-und-geldautomaten-auf-den-philippinen\">Currency Exchange and ATMs in the Philippines<\/a><\/li><li class=\"\"><a href=\"#kartenzahlungen-auf-den-philippinen\">Card Payments in the Philippines<\/a><\/li><li class=\"\"><a href=\"#geld-auf-entlegenen-inseln-der-philippinen\">Money on Remote Islands in the Philippines<\/a><\/li><li class=\"\"><a href=\"#geld-und-sicherheit\">Money and Safety<\/a><\/li><li class=\"\"><a href=\"#trinkgeld-philippinen\">Tipping in the Philippines<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"allgemeine-infos-geld-philippinen\">Money in the Philippines \u2013 The Basics<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The currency of the Philippines is the Philippine peso, abbreviated as <strong>PHP<\/strong>. The peso is divided into centavos, which play almost no role in everyday life. The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is responsible for issuing and regulating the national currency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Philippine peso has had its ups and downs over the years, and its value can fluctuate significantly against major currencies such as the euro or the US dollar. If you convert at a good moment, you can often get noticeably more for your money.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Banknotes and coins in the Philippines often show historical figures, landscapes and cultural motifs from the country.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Currency:<\/strong> Philippine peso<\/li>\n\n\n\n<li><strong>Abbreviation: <\/strong>PHP<\/li>\n\n\n\n<li><strong>Symbol:<\/strong> \u20b1<\/li>\n\n\n\n<li><strong>Subdivision: <\/strong>1 peso = 100 centavos<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"aktueller-wechselkurs-php-euro\">Current PHP \/ Euro Exchange Rate<\/h3>\n\n\n\n<iframe src=\"https:\/\/www.widgets.investing.com\/live-currency-cross-rates?theme=lightTheme&#038;roundedCorners=true&#038;pairs=1684\" width=\"100%\" height=\"100%\" frameborder=\"0\" allowtransparency=\"true\" marginwidth=\"0\" marginheight=\"0\"><\/iframe><div class=\"poweredBy\" style=\"font-family: Arial, Helvetica, sans-serif;\">Powered by <a href=\"https:\/\/www.investing.com?utm_source=WMT&amp;utm_medium=referral&amp;utm_campaign=LIVE_CURRENCY_X_RATES&amp;utm_content=Footer%20Link\" target=\"_blank\" rel=\"nofollow noopener\">Investing.com<\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"wechselstuben-und-geldautomaten-auf-den-philippinen\">Currency Exchange and ATMs in the Philippines<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In urban areas of the Philippines you will have no trouble finding currency-exchange offices and ATMs. Metro Manila and other larger cities such as Cebu are well equipped, so you do not need to worry about cash. Tourist areas in particular have plenty of exchange offices. Make sure you use money changers with <strong>official licenses<\/strong> and compare the rates so you get a fair deal. There are also currency-exchange facilities at every major airport in the Philippines, especially in Manila and Cebu.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ATMs are widespread, but it is wise to use only those in <strong>safe areas<\/strong> to reduce the risk of fraud. Also check the machine for tampering so your card details are not stolen (so-called <a href=\"https:\/\/en.wikipedia.org\/wiki\/Skimming_(fraud)\" target=\"_blank\" rel=\"noreferrer noopener\">skimming<\/a>). ATMs in shopping malls and at banks are generally a safe bet, as security is usually present around the clock.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can find a guide to <a href=\"https:\/\/cebu101.com\/geld-abheben-philippinen\/\" target=\"_blank\" data-type=\"post\" data-id=\"8074\" rel=\"noreferrer noopener\">withdrawing money in the Philippines here<\/a>.<\/p>\n\n\n\n<p class=\"has-very-light-gray-background-color has-background wp-block-paragraph\"><strong>Tip:<\/strong> We recommend a <a aria-label=\"Wise travel card (opens in a new tab)\" href=\"https:\/\/cebu101.com\/wise-en\" target=\"_blank\" rel=\"noreferrer noopener sponsored\">Wise travel card<\/a>*. With the Wise debit card you can spend and withdraw cash in the Philippines at the mid-market exchange rate, with free ATM withdrawals up to a monthly limit (then a small fee, depending on your country). That way you do not have to carry large amounts of cash, which is safer and reduces the risk of loss.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"kartenzahlungen-auf-den-philippinen\">Card Payments in the Philippines<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Paying by <a href=\"https:\/\/cebu101.com\/en\/travel-credit-card-philippines\/\" target=\"_blank\" data-type=\"post\" data-id=\"14030\" rel=\"noreferrer noopener\">credit card<\/a> is possible in more and more places. In <strong>hotels, shopping malls and restaurant chains<\/strong> in particular, paying by card is no longer a problem. Only in remote areas and small shops is cash the only option. Transport such as taxis, jeepneys and tricycles usually has to be paid in cash as well.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"geld-auf-entlegenen-inseln-der-philippinen\">Money on Remote Islands in the Philippines<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you are on a remote island, ATMs may be limited. It is therefore wise to carry enough <strong>cash<\/strong>. Check the local situation in advance and plan your money accordingly. Some hotels and restaurants on islands may accept cash only, so be prepared. This definitely does NOT include Cebu, Boracay, Puerto Princesa, Coron or El Nido. We are talking more about rural areas, less-visited provinces and hard-to-reach island hideaways.<\/p>\n\n\n\n<p class=\"has-very-light-gray-background-color has-background wp-block-paragraph\"><strong>Update:<\/strong> Even in the south of Cebu (everything south of Moalboal) it can be difficult to get cash. On our last trip, local ATMs in the provincial towns and 7-Eleven stores (we tried a good 10 different machines) would not dispense money for foreign cards. Even though the ATMs clearly said they accepted international cards, we could not get cash from a single one of them. In Moalboal, Cebu City and Oslob, on the other hand, there were no problems at all.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6af7250da385f&quot;}\" data-wp-interactive=\"core\/image\" data-wp-key=\"6af7250da385f\" class=\"aligncenter size-full wp-lightbox-container\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1920\" height=\"1080\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on--click=\"actions.showLightbox\" data-wp-on--load=\"callbacks.setButtonStyles\" data-wp-on--pointerdown=\"actions.preloadImage\" data-wp-on--pointerenter=\"actions.preloadImageWithDelay\" data-wp-on--pointerleave=\"actions.cancelPreload\" data-wp-on-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/cebu101.com\/wp-content\/uploads\/2025\/03\/Siargao-Philippinen.jpg\" alt=\"Siargao, Philippines\" class=\"wp-image-8195\" srcset=\"https:\/\/cebu101.com\/wp-content\/uploads\/2025\/03\/Siargao-Philippinen.jpg 1920w, https:\/\/cebu101.com\/wp-content\/uploads\/2025\/03\/Siargao-Philippinen-300x169.jpg 300w, https:\/\/cebu101.com\/wp-content\/uploads\/2025\/03\/Siargao-Philippinen-1024x576.jpg 1024w, https:\/\/cebu101.com\/wp-content\/uploads\/2025\/03\/Siargao-Philippinen-768x432.jpg 768w, https:\/\/cebu101.com\/wp-content\/uploads\/2025\/03\/Siargao-Philippinen-1536x864.jpg 1536w, https:\/\/cebu101.com\/wp-content\/uploads\/2025\/03\/Siargao-Philippinen-150x84.jpg 150w, https:\/\/cebu101.com\/wp-content\/uploads\/2025\/03\/Siargao-Philippinen-450x253.jpg 450w, https:\/\/cebu101.com\/wp-content\/uploads\/2025\/03\/Siargao-Philippinen-1200x675.jpg 1200w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\tdata-wp-bind--aria-label=\"state.thisImage.triggerButtonAriaLabel\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.thisImage.buttonRight\"\n\t\t\tdata-wp-style--top=\"state.thisImage.buttonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">On more remote islands it is always wise to carry a cash reserve!<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"geld-und-sicherheit\">Money and Safety<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The safety of your money should be a top priority. That is why you should<strong> only carry the amount of cash you need<\/strong>. In busy places such as night markets, watch out for pickpockets. Avoid counting large amounts of money in public, and keep important documents such as cards, cash reserves and your passport safe at the hotel. Use the hotel safe whenever possible, as it can happen that staff take things.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hold-ups are rather rare, but they can happen, especially in rougher parts of Manila. Jeepneys are also a popular target. If you are carrying larger amounts of cash, you should therefore always take a taxi \u2014 ideally one booked through the Grab app.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"trinkgeld-philippinen\">Tipping in the Philippines<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In the Philippines, tipping is common and appreciated in many situations. In <a href=\"https:\/\/cebu101.com\/en\/cebu-restaurants\/\" target=\"_blank\" rel=\"noreferrer noopener\">restaurants<\/a>, a 10% <strong>service charge is often already included on the bill<\/strong>, which makes an extra tip unnecessary. Even so, a little extra is a nice gesture. For taxi drivers you usually round up the fare, while porters and hotel staff are happy with a <strong>small tip<\/strong>. It shows you appreciate the service and is a friendly gesture.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In restaurants, rounding up or around <strong>10% of the bill<\/strong> is generally plenty. For tour operators and hotel staff you can give <strong>100-500 PHP<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">We hope these general tips on money in the Philippines are helpful, and we wish you a great stay. Enjoy your time in the country and do not worry about money \u2014 with these tips you will be well prepared!<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Do you still have questions about money in the Philippines? Leave a comment!<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>How to handle money in the Philippines: the peso, ATMs, cash and cards. For international travelers we recommend Wise for spending and withdrawals, with careful, practical tips.<\/p>\n","protected":false},"author":2,"featured_media":14108,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[74,65],"tags":[],"class_list":["post-14093","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cebu-info","category-editors-picks"],"uagb_featured_image_src":{"full":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image.jpg",2400,1260,false],"thumbnail":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-150x150.jpg",150,150,true],"medium":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-300x158.jpg",300,158,true],"medium_large":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-768x403.jpg",762,400,true],"large":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-1024x538.jpg",762,400,true],"1536x1536":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-1536x806.jpg",1536,806,true],"2048x2048":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-2048x1075.jpg",2048,1075,true],"bunyad-small":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-150x79.jpg",150,79,true],"bunyad-medium":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-450x236.jpg",450,236,true],"bunyad-full":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-1200x630.jpg",1200,630,true],"bunyad-viewport":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-2048x1075.jpg",2048,1075,true],"bunyad-768":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-768x403.jpg",768,403,true],"tptn_thumbnail":["https:\/\/cebu101.com\/wp-content\/uploads\/2026\/11\/money-in-the-philippines-title-image-250x250.jpg",250,250,true]},"uagb_author_info":{"display_name":"Hazel @ Cebu101","author_link":"https:\/\/cebu101.com\/en\/team\/cebu101-redaktion\/"},"uagb_comment_info":0,"uagb_excerpt":"How to handle money in the Philippines: the peso, ATMs, cash and cards. For international travelers we recommend Wise for spending and withdrawals, with careful, practical tips.","_links":{"self":[{"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/posts\/14093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/comments?post=14093"}],"version-history":[{"count":2,"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/posts\/14093\/revisions"}],"predecessor-version":[{"id":14103,"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/posts\/14093\/revisions\/14103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/media\/14108"}],"wp:attachment":[{"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/media?parent=14093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/categories?post=14093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cebu101.com\/en\/wp-json\/wp\/v2\/tags?post=14093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}