Convert Philippine Peso to Salvadoran Colón
Please provide values below to convert Philippine Peso [PHP] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Philippine Peso.
How to Convert Philippine Peso to Salvadoran Colón
1 PHP = 6.51561814344423 SVC
Example: convert 15 PHP to SVC:
15 PHP = 15 × 6.51561814344423 SVC = 97.7342721516634 SVC
Philippine Peso to Salvadoran Colón Conversion Table
| Philippine Peso | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.