BCH/PHP: what to know
The BCH/PHP rate shows how much PHP you get for 1 BCH. Right now, 1 BCH buys 14,034.02 PHP at the mid-market rate. In the other direction, 1 PHP is worth 0.0000712554 BCH.
In the short term BCH is driven mainly by crypto-market sentiment, while PHP responds to overseas remittances and trade flows.
Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions. 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.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.