Convert Japanese Yen to Philippine Peso
Please provide values below to convert Japanese Yen [JPY] to Philippine Peso [PHP], or Convert Philippine Peso to Japanese Yen.
How to Convert Japanese Yen to Philippine Peso
1 JPY = 2.57859622811161 PHP
Example: convert 15 JPY to PHP:
15 JPY = 15 × 2.57859622811161 PHP = 38.6789434216742 PHP
Japanese Yen to Philippine Peso Conversion Table
| Japanese Yen | Philippine Peso |
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Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies 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.