Convert Dominican Peso to Philippine Peso
Please provide values below to convert Dominican Peso [DOP] to Philippine Peso [PHP], or Convert Philippine Peso to Dominican Peso.
How to Convert Dominican Peso to Philippine Peso
1 DOP = 1.05986235188954 PHP
Example: convert 15 DOP to PHP:
15 DOP = 15 × 1.05986235188954 PHP = 15.8979352783432 PHP
Dominican Peso to Philippine Peso Conversion Table
| Dominican Peso | Philippine Peso |
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Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.
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.