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Speedy to Philippine Peso Converter and calculator

Convert 1Speedy (SPEEDY) to Philippine Peso (PHP) equals ₱ 0.0001395 | Bitget
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Speedy(SPEEDY) to Philippine Peso(PHP). This is the real-time data. The current conversion shows 1 SPEEDY at a value of 1 SPEEDY for 0.00 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.

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

SPEEDY to PHP conversion rate trend

In the past 1D, Speedy has changed -5.03% to PHP. Based on the trend and price charts, Speedy(SPEEDY) has changed -5.03% to PHP while Philippine Peso(PHP) has changed % to SPEEDY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/23 22:23:58(UTC+0)

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What factors influence the conversion rate of Speedy to Philippine Peso?

Speedy to Philippine Peso is falling this week.
Speedy's current market price is ₱ 0.0001395 per SPEEDY, with a total market cap of ₱ 0 PHP based on a circulating supply of -- SPEEDY. The trading volume of Speedy has changed by -38.95% (₱ -9,716,461.39 PHP) in the last 24 hours. Last trading day, SPEEDY's trading volume was ₱ 24,946,626.06.
Market cap
24h volume
Circulating supply

Conversion tables

The exchange rate of Speedy is decreasing.
1 SPEEDY is currently valued at ₱ 0.0001395 PHP , which means buying 5 SPEEDY will cost ₱ 0.0006977 PHP . Similarly, ₱1 PHP can be traded for 7,166.8 SPEEDY, and ₱50 PHP can be converted to 358,339.97 SPEEDY, excluding any platform or gas fees.
The exchange rate of 1 SPEEDY to Philippine Peso has changed by -47.36% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.03%, reaching a high of 0.0001522 PHP and a low of 0.0001248 PHP . One month ago, the value of 1 SPEEDY was ₱ 0.0005121 PHP , which represents a -72.75% change from its current value. Over the last year, Speedy has changed by
, resulting in a change of --% in its value.


22:23 today


Amount22:23 today
0.5PHP3,583.4  SPEEDY
1PHP7,166.8  SPEEDY
5PHP35,834  SPEEDY
10PHP71,667.99  SPEEDY
50PHP358,339.97  SPEEDY
100PHP716,679.93  SPEEDY
500PHP3,583,399.66  SPEEDY
1000PHP7,166,799.32  SPEEDY
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Today vs. 24 hours ago

Amount22:23 today24 hours ago24h change
0.5 SPEEDY$0.{5}1197$0.{5}1260
1 SPEEDY$0.{5}2393$0.{5}2520
5 SPEEDY$0.{4}1197$0.{4}1260
10 SPEEDY$0.{4}2393$0.{4}2520
50 SPEEDY$0.0001197$0.0001260
100 SPEEDY$0.0002393$0.0002520
500 SPEEDY$0.001197$0.001260
1000 SPEEDY$0.002393$0.002520

Today vs. 1 month ago

Amount22:23 today1 month ago1M change
0.5 SPEEDY$0.{5}1197$0.{5}4392
1 SPEEDY$0.{5}2393$0.{5}8785
5 SPEEDY$0.{4}1197$0.{4}4392
10 SPEEDY$0.{4}2393$0.{4}8785
50 SPEEDY$0.0001197$0.0004392
100 SPEEDY$0.0002393$0.0008785
500 SPEEDY$0.001197$0.004392
1000 SPEEDY$0.002393$0.008785
Buy Speedy for 1 PHP
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount22:23 today1 year ago1Y change
0.5 SPEEDY$0.{5}1197$0.00
1 SPEEDY$0.{5}2393$0.00
5 SPEEDY$0.{4}1197$0.00
10 SPEEDY$0.{4}2393$0.00
50 SPEEDY$0.0001197$0.00
100 SPEEDY$0.0002393$0.00
500 SPEEDY$0.001197$0.00
1000 SPEEDY$0.002393$0.00

Speedy price prediction

What will the price of SPEEDY be in 2025?

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

What will the price of SPEEDY be in 2030?

In 2030, the SPEEDY price is expected to rise by +8.00%. By the end of 2030, the SPEEDY price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Speedy for 1 PHP
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Speedy for 1 PHP
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Speedy now
Buy Speedy for 1 PHP
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Speedy now


Buy Speedy for 1 PHP

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Speedy now
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