Philippine Peso to Ghanaian Cedi

The Philippine peso (international symbol: ₱, code: PHP, number: 608) is the currency of the Philippines that has existed since 1858. One peso is subdivided into 100 sentimos. Contemporary banknotes were developed back in 1969.

Since 1970, the peso exchange rate has been floating, regulated by the Central Bank of the Philippines. The entire money supply is located and used as a legal tender only within the state. The country has an official ban on the export of the national currency. Beginning with the year of 2013 the exchange rate of the Philippine currency against the US dollar has decreased significantly.

The Ghanaian cedi (sign GH₵, code GHS) is the currency used in circulation in Ghana. The currency is not used outside the country. The Ghanaian cedi uses pesewa as change.

One cedi equals 100 pesewas. In 1965, the cedi became the sole currency in the country. Before that, Ghana had changed its currency several times. Since the country was a British colony, its territory allowed pounds sterling and later on, it was replaced with the West African pound. Afterwards, the Ghanaian pound took its place. All notes, except 50 cedi, depict portraits of the state’s politicians. The 50-cedi banknote portrays the cocoa fruit.