Convert 8 Philippine Peso (PHP) to Brazilian Real (BRL)
Exchange rates used for currency conversion updated on November 23rd 2024 ( 11/23/2024 )
Below you will find the latest exchange rates for exchanging Philippine Peso (PHP) to Brazilian Real (BRL) , a table containing most common conversions and a chart with the pair's evolution.
The Philippine Peso (PHP) to Brazilian Real (BRL) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The currency exchange rate, calculated between Philippine Peso and Brazilian Real on 11/23/2024 is 1 PHP = 0.0984 BRL - AVERAGE intraday quotes were used for this currency conversion.
The official currency of the Philippines is the Philippine peso. The peso is subdivided into 100 centavos and comes in denominations of 10, 20, 50, 200, 500, 1,000 and 2,000 pesos. The US Dollar is readily accepted throughout the country for currency exchange as well as payment in many cases. Those looking to exchange foreign currency should check with banks. Although moneychangers are readily available, many are less than trustworthy.
About Brazilian Real (BRL)
The Brazilian real is symbolized with the R$ sign. Each real, plural reais, is divided into 100 centavos. The Central Bank of Brazil focuses on price stability with monetary policy and uses the USD as their reserve currency.
The BRL is available in banknotes valued at R$2, R$5, R$10, R$20, R$50, R$100 and coins valued at 5, 10, 25, 50 centavos, R$1. Both the R$1 banknote and 1 centavo coin were discontinued in 2006, though both remain in use as legal tender.
