Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Portal (IOU)

Portal (IOU) to Philippine Peso Converter and calculator

Convert 1Portal (IOU) (PORTAL) to Philippine Peso (PHP) equals ₱ 0 | Bitget
PORTAL
PORTAL
swap
PHP
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Portal (IOU)(PORTAL) to Philippine Peso(PHP). This is the real-time data. The current conversion shows 1 PORTAL at a value of 1 PORTAL for 0 PHP . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PHP information

About the Philippine Peso (PHP)

What Is the Philippine Peso (PHP)?

The Philippine Peso, denoted as PHP (₱), is the official currency of the Philippines. It's subdivided into 100 centavos or sentimos in Filipino. The currency symbol is ₱, and it's also commonly abbreviated as "PHP," "PhP," "Php," or simply "P." The Philippine Peso is the sole legal tender in the Philippines, and it is used for all transactions within the country.

The Philippine Peso is issued by the Bangko Sentral ng Pilipinas (BSP), which is the central bank of the Philippines. Established on July 3, 1993, the BSP is responsible for maintaining price stability, ensuring the liquidity and solvency of the financial system, and promoting a balanced and sustainable economic growth in the country.

What Is the History of PHP?

The origins of the Philippine Peso trace back to the Spanish Peso or pieces of eight, introduced in the Philippines via the Manila galleons from the 16th to the 19th century. The pre-colonial Philippines engaged in barter trade, but the inconvenience led to the use of gold, which was abundant in the islands, as a medium of exchange. The earliest known local currency was the "Piloncitos" and gold barter rings.

During the Spanish Colonial period, the Spanish Dollar or silver peso was introduced. The Philippines also minted its own coins, such as the crude copper or bronze coins called "cuartos" or "barrillas." The Spanish gold onza and silver peso established a bimetallic standard, with the peso being worth either the silver Mexican peso or 1/16th of the gold onza.

Post-independence, the Philippines saw various currency reforms, including the introduction of the Central Bank of the Philippines in 1949 and the shift to a free-floating currency system with the New Central Bank Act of 1993.

Notes and Coins of PHP

Today, the Philippine Peso is available in both coins and banknotes. Coins come in denominations of 1, 5, 10, and 25 centavos, and 1, 5, 10, and 20 pesos. Banknotes are issued in 20, 50, 100, 200, 500, and 1,000 pesos. The latest banknote designs feature prominent Filipinos and iconic natural wonders. The BSP produces the country's banknotes and coins at its Security Plant Complex, which is located in Quezon City.

Exchange Rate and Economic Implications

The PHP has experienced fluctuations in its exchange rate, particularly against the US dollar (USD). Historically, it has ranged from below 48 PHP to over 56 PHP per USD. The exchange rate is influenced by various factors, including the Philippines' economic performance, trade balances, and global economic conditions.

Is the Philippine Peso Pegged to the US Dollar?

The Philippine Peso (PHP) currently operates under a floating exchange rate system and is not pegged to the US Dollar (USD). Historically, the PHP was pegged to the USD during the American colonial era and the post-World War II period. However, this changed following significant economic reforms, particularly after the enactment of the New Central Bank Act of 1993, which established the Bangko Sentral ng Pilipinas (BSP). Under the floating exchange rate regime, the value of the PHP is determined by market forces, including factors such as economic performance, inflation, and trade balances. While the BSP may intervene to manage excessive volatility in the currency market, it does not maintain a fixed exchange rate against the USD.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Portal (IOU) currency pair is the PORTAL to PHP, with for Portal (IOU)'s currency code being PORTAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PHP.

PORTAL to PHP conversion rate trend

1D7D1M3M1YAll
In the past 1D, Portal (IOU) has changed -3.02% to PHP. Based on the trend and price charts, Portal (IOU)(PORTAL) has changed -3.02% to PHP while Philippine Peso(PHP) has changed % to PORTAL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₱0
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/30 18:58:03(UTC+0)

How to buy Portal (IOU)

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Portal (IOU) (PORTAL)
Use a variety of payment options to buy Portal (IOU) on Bitget. We'll show you how.

What factors influence the conversion rate of Portal (IOU) to Philippine Peso?

Portal (IOU) to Philippine Peso is falling this week.
Portal (IOU)'s current market price is ₱ 0 per PORTAL, with a total market cap of ₱ 0 PHP based on a circulating supply of -- PORTAL. The trading volume of Portal (IOU) has changed by -2.22% (₱ -165,383.16 PHP) in the last 24 hours. Last trading day, PORTAL's trading volume was ₱ 7,445,667.1.
Market cap
$0
24h volume
$124.59K
Circulating supply
0 PORTAL

Conversion tables

The exchange rate of Portal (IOU) is decreasing.
1 PORTAL is currently valued at ₱ 0 PHP , which means buying 5 PORTAL will cost ₱ 0 PHP . Similarly, ₱1 PHP can be traded for Infinity PORTAL, and ₱50 PHP can be converted to Infinity PORTAL, excluding any platform or gas fees.
The exchange rate of 1 PORTAL to Philippine Peso has changed by -17.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.02%, reaching a high of 99.75 PHP and a low of 93.71 PHP . One month ago, the value of 1 PORTAL was ₱ 37.81 PHP , which represents a -28.58% change from its current value. Over the last year, Portal (IOU) has changed by
+
36.04PHP
, resulting in a change of 0.00% in its value.

PORTAL to PHP

Amount
18:58 today
0.5 PORTAL
0
1 PORTAL
0
5 PORTAL
0
10 PORTAL
0
50 PORTAL
0
100 PORTAL
0
500 PORTAL
0
1000 PORTAL
0

PHP to PORTAL

Amount18:58 today
0.5PHPInfinity  PORTAL
1PHPInfinity  PORTAL
5PHPInfinity  PORTAL
10PHPInfinity  PORTAL
50PHPInfinity  PORTAL
100PHPInfinity  PORTAL
500PHPInfinity  PORTAL
1000PHPInfinity  PORTAL
Buy Portal (IOU) for 1 PHP
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Portal (IOU) now

Today vs. 24 hours ago

Amount18:58 today24 hours ago24h change
0.5 PORTAL$0.00$0.02520
-3.02%
1 PORTAL$0.00$0.05039
-3.02%
5 PORTAL$0.00$0.2520
-3.02%
10 PORTAL$0.00$0.5039
-3.02%
50 PORTAL$0.00$2.52
-3.02%
100 PORTAL$0.00$5.04
-3.02%
500 PORTAL$0.00$25.2
-3.02%
1000 PORTAL$0.00$50.39
-3.02%

Today vs. 1 month ago

Amount18:58 today1 month ago1M change
0.5 PORTAL$0.00$0.3236
-28.58%
1 PORTAL$0.00$0.6471
-28.58%
5 PORTAL$0.00$3.24
-28.58%
10 PORTAL$0.00$6.47
-28.58%
50 PORTAL$0.00$32.36
-28.58%
100 PORTAL$0.00$64.71
-28.58%
500 PORTAL$0.00$323.56
-28.58%
1000 PORTAL$0.00$647.12
-28.58%
Buy Portal (IOU) for 1 PHP
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Portal (IOU) now

Today vs. 1 year ago

Amount18:58 today1 year ago1Y change
0.5 PORTAL$0.00$-0.8084
0.00%
1 PORTAL$0.00$-1.6168
0.00%
5 PORTAL$0.00$-8.08412
0.00%
10 PORTAL$0.00$-16.1682
0.00%
50 PORTAL$0.00$-80.8412
0.00%
100 PORTAL$0.00$-161.6823
0.00%
500 PORTAL$0.00$-808.4116
0.00%
1000 PORTAL$0.00$-1616.8231
0.00%

Portal (IOU) price prediction

What will the price of PORTAL be in 2025?

Based on PORTAL's historical price performance prediction model, the price of PORTAL is projected to reach -- in 2025.

What will the price of PORTAL be in 2030?

In 2030, the PORTAL price is expected to rise by 0.00%. By the end of 2030, the PORTAL price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Portal (IOU) for 1 PHP
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Portal (IOU) now

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action
Buy Portal (IOU) for 1 PHP
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Portal (IOU) now
Buy Portal (IOU) for 1 PHP
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Portal (IOU) now

FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Portal (IOU) and PHP.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Portal (IOU) and PHP. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Portal (IOU) in PHP, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Portal (IOU) for 1 PHP

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Portal (IOU) now
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.