The Philippine peso sign (₱) is the

currency symbol A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by a monetary authority, such as the national central bank for the currency concerned. A symbol may be positioned in various ways, acc ...

used for the Philippine peso, the official

currency A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific envi ...

of the

Philippines The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a tot ...

. The symbol resembles a

Latin Latin ( or ) is a classical language belonging to the Italic languages, Italic branch of the Indo-European languages. Latin was originally spoken by the Latins (Italic tribe), Latins in Latium (now known as Lazio), the lower Tiber area aroun ...

letter P with two horizontal strokes. It differs from the

used for the

peso The peso is the monetary unit of several Hispanophone, Spanish-speaking countries in Latin America, as well as the Philippines. Originating in the Spanish Empire, the word translates to "weight". In most countries of the Americas, the symbol com ...

in Latin America, which is " $".

History

The Philippine peso sign was introduced by ''Executive Order No. 66'' of the United States colonial government on 3 August 1903. The sign, in capitalized

Roman letter The Latin script, also known as the Roman script, is a writing system based on the letters of the classical Latin alphabet, derived from a form of the Greek alphabet which was in use in the ancient Greek city of Cumae in Magna Graecia. The Gree ...

P with two parallel lines "passing through and extending slightly beyond loop at right angle to shaft or stem", was decreed to be used "by all officials as the designation of the new Philippine peso to differentiate it from the $ sign for

US dollars The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it int ...

and

Spanish pesetas The peseta (, ) was the currency of Spain between 1868 and 2002. Along with the French franc, it was also a ''de facto'' currency used in Andorra (which had no national currency with legal tender). Etymology The name of the currency derives ...

..." This sign was chosen by

Charles Edward Magoon Charles Edward Magoon (December 5, 1861 – January 14, 1920) was an American lawyer, judge, diplomat, and administrator who is best remembered as a governor of the Panama Canal Zone; he also served as Minister to Panama at the same time. He was ...

, acting chief of the Bureau of Insular Affairs, and was approved by Governor

William H. Taft William Howard Taft (September 15, 1857March 8, 1930) served as the 27th president of the United States from 1909 to 1913 and the tenth chief justice of the United States from 1921 to 1930. He is the only person to have held both offices. ...

Encoding

The peso is usually denoted by the symbol "₱". This symbol was added to the

Unicode Unicode or ''The Unicode Standard'' or TUS is a character encoding standard maintained by the Unicode Consortium designed to support the use of text in all of the world's writing systems that can be digitized. Version 16.0 defines 154,998 Char ...

standard in version 3.2 and is assigned . Ways of writing the Philippine Peso sign include "PHP", "PhP", "P", or "P" (strike-through or double-strike-through uppercase P). The more widely used modern

computer font A computer font is implemented as a digital data file containing a set of graphically related glyphs. A computer font is designed and created using a font editor. A computer font specifically designed for the computer screen, and not for printi ...

s include the symbol as standard. The international three-letter currency code for the Philippine peso is PHP.

References

External links

''Currency in the Philippines'' by Charles Arthur Conant

Peso sign ₱
{{DEFAULTSORT:Philippine Peso Currencies of the Philippines Currency symbols Numismatics

History

Encoding

See also

References

External links