The Philippine Peso

and
the Foreign Currency
APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Objectives
At the end of the lesson, the learner is
expected to:
◼ enumerate the different types of Filipino peso bill;
◼ analyze the impact of money and foreign currency in foreign exchange
in our economy
APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Start up:
Watch a video entitled “Usapang Pera: Noon
at Ngayon”.
https://www.youtube.com/watch?v=28j91Qi
Nq1o
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

The Filipino Peso

• The Philippine peso (Filipino: piso; sign: ₱; code: PHP) is
the official currency of the Philippines. It is subdivided
into 100 centavos (Filipino: sentimo).

• The peso is usually denoted by the symbol "₱".

• The Philippine coins and banknotes are minted and

printed at the Security Plant Complex of the Bangko
Sentral ng Pilipinas (Central Bank of the Philippines)
in Quezon City
 APPLIED ECONOMICS
The Philippine Peso and The Foreign

The Five and Ten Peso

Currency

Bill
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

The 20 Peso Bill

 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

The 50 Peso Bill

 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

The 100 Peso Bill

 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

The 200 Peso Bill

 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

The 500 Peso Bill

 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

The 1000 Peso Bill

 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

What is Currency?
• In economics, currency is a generally
accepted medium of exchange.
• An exchange rate is the rate at which one
currency may be converted into another, also
called rate of exchange of foreign exchange rate
or currency exchange rate.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

What is Currency?
• The foreign exchange rate is simply the price of
one currency in terms of another, or how much
one currency can be exchanged for another, in
the same way that the price of a good is
determined by how much money can be
exchanged for it.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Money Changing
• The main function of a foreign exchange
department is to make money for the bank by
speculating on whether a particular currency
will rise or fall against another. Banks compete
fiercely with each other using experienced
market traders and millions of dollars or
currency equivalents are exchanged daily.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Foreign exchange market

• The foreign exchange market (forex, FX,
or currency market) is a form of exchange for
the global decentralized trading of international
currencies.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Foreign exchange market

• Foreign exchange transaction is a type of
currency transaction that involves two
countries. Generally, a foreign exchange
transaction involves conversion of currency of
one country with that of another. The
conversion of currency in a foreign exchange
transaction can be performed through :
1. buying or selling of goods and services on
credit;
2. borrowing or lending funds.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

What Are the

Functions of
Foreign Currency
Exchange Markets?
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Primary Function
The primary function of foreign
currency exchange markets is to
convert the currency of one
country into another currency.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

International Transactions
Foreign currency exchange
markets serve to facilitate
international financial
transactions.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Currency Value
The value of a country's currency
can influence international trade,
consumers' purchasing power
and inflation.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Investment
Fund managers and investment
professionals use the foreign
currency exchange market to help
diversify their portfolios and
potentially increase their returns.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Loss Protection
International companies that work
in multiple countries are subject to
gains and losses based on
exchange rate fluctuations.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign

Forex
Currency

Trading
Forex, the word, means FOReign EXchange market. This is an
international market where the buying and selling of money is done
freely and 24 hours a day. All forex trading involve the buying of one
currency and the selling of another, simultaneously. Currency quotes
are given as exchange rates; that is, the value of one currency
relative to another. The relative supply and demand of both
currencies will determine the value of the exchange rate.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

The trading of foreign currency is the exchange

of money issued in one country for money
issued in another. Foreign currency trading
takes place in the highly-solvent foreign
exchange market. Currencies are traded for one
another at exchange rates, which are relative
prices determined by market supply and
demand.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency
Here are some simple tips that will help you increase
your profit potential and prevent you from losing
money.

1. Select your first broker

2. Get a simple method you
understand
3. Trade the big trends and not trade
frequently
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

4. Work smart and not hard

5. The formula to success

Using Simple Method + With Discipline +

Control Risks = Forex Trading Success
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency
Tips & Warnings
*Document your training objectives. This can facilitate the
process for everyone.
*Create and prioritize an outline of the demos and videos to
use as a checklist for each handler.
*Let handlers know it takes time to master the forex system
to keep them from being discouraged.
*Foreign exchange trading is a high-risk activity and should
not be taken lightly.
*Monitor each handler individually, be available for
one-on-one interaction and encourage questions for the best
training results.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

What is foreign
exchange risk?
Exchange risk is simple in concept:
a potential gain or loss that occurs
as a result of an exchange rate
change.
About BPI Forex Corporation

BPI Forex Corporation is a wholly-owned subsidiary of the Bank of the

Philippine Islands (BPI) established in response to increasing foreign
exchange demand following a liberalized foreign exchange environment in the
country. It delivers hassle - free service and offers very attractive exchange
rates for your currencies.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency
List of Currencies
Aside from the US Dollar, BPI Forex Corporation transacts in
the following
currencies:.
Australian Dollar Chinese Yuan
Korean Won Euro
Bahrain Dinar Hong Kong Dollar
British Pound Indonesian Rupiah
Brunei Dollar Japanese Yen
Canadian Dollar Malaysian Ringgit
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

New Zealand Dollars

Saudi Riyal
Singapore Dollar
Swedish Kroner
Swiss Franc
Taiwan Dollars
Thailand Baht
 APPLIED ECONOMICS
BPI FOREIGN
The Philippine Peso and The Foreign
Currency

EXCHANGE
Currencies Buying Selling
(in Philippine Peso) (in Philippine Peso)
US Dollar 41.7500 42.5200
Euro 48.4700 52.5700
British Pound 61.7800 66.3000
Australian Dollar 39.6400 44.1600
Japanese Yen 0.5084 0.5509
Canadian Dollar 38.4400 42.7600
Swiss Franc 39.8500 44.1700
Hongkong Dollar 5.3300 6.0000
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Singapore Dollar 32.6200 33.9500

Brunei Dollar 32.5400 34.0300
Thailand Baht 1.2900 1.5000
Indonesian Rupiah 0.0042 0.0053
Saudi Riyal 10.9000 11.6000
Malaysian Ringgit 12.9000 13.6700
New Zealand 32.6400 34.1300
Dollar
Bahrain Dinar 109.0400 113.5100
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

ACTIVITY:
Look for copies of the old and new version of
Philippine Peso Bill. In each page you have to
write information in each one.
 APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Quiz:
1. It is the official currency of Philippines.
2. It is the only institution in the government which has the
function of printing money in the country.
3. The Philippine peso is divided in _____.
4. It is a form of exchange for the global decentralized trading
of international currencies.
5. It is the rate at which one currency may be converted into
another.
APPLIED ECONOMICS
The Philippine Peso and The Foreign
Currency

Reference:
• Tullao Jr., Tereso S. Applied Economics For A
Progressive Philippines. Phoenix Publishing House;
927 Quezon Ave., Quezon City. 2016
• Pagoso, Cristobal M. Philippine Economics (Macro
Approach). NELSON PUBLICATION; Marimar Village
Paranaque City. 2003
• Carnaje, Gideon P. Applied Economics. Vibal Group
Inc, Araneta Avenue, Quezon City. 2016