PHP/JPY: what to know
The PHP/JPY rate shows how much JPY you get for 1 PHP. Right now, 1 PHP buys 2.4582 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.4068 PHP.
In the short term PHP is driven mainly by overseas remittances and trade flows, while JPY responds to Bank of Japan policy and global risk appetite.
The Philippine Peso (PHP) is issued by Bangko Sentral ng Pilipinas. The Philippines is the only Asian country with a currency called the “peso” — a legacy of Spanish rule. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.