Convert British Pound Sterling to Philippine Peso
Please provide values below to convert British Pound Sterling [GBP] to Philippine Peso [PHP], or Convert Philippine Peso to British Pound Sterling.
How to Convert British Pound Sterling to Philippine Peso
1 GBP = 0.0129991236743159 PHP
Example: convert 15 GBP to PHP:
15 GBP = 15 × 0.0129991236743159 PHP = 0.194986855114739 PHP
British Pound Sterling to Philippine Peso Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.