Convert Philippine Peso to Brazilian Real
Please provide values below to convert Philippine Peso [PHP] to Brazilian Real [BRL], or Convert Brazilian Real to Philippine Peso.
How to Convert Philippine Peso to Brazilian Real
1 PHP = 10.2285432010059 BRL
Example: convert 15 PHP to BRL:
15 PHP = 15 × 10.2285432010059 BRL = 153.428148015089 BRL
Philippine Peso to Brazilian Real Conversion Table
| Philippine Peso | Brazilian Real |
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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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.