DASH/PHP: what to know
The DASH/PHP rate shows how much PHP you get for 1 DASH. Right now, 1 DASH buys 3,423.75 PHP at the mid-market rate. In the other direction, 1 PHP is worth 0.000292077 DASH.
In the short term DASH is driven mainly by crypto-market sentiment, while PHP responds to overseas remittances and trade flows.
“Dash” stands for “digital cash”; it focuses on fast, private payments. 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.