Philippines Currency to Naira: A Guide to Historical Exchange Rates and Conversion

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The Philippines is a popular destination for Nigerian travelers, and understanding the local currency is crucial for a smooth trip. The Philippine peso, also known as PHP, is the official currency of the Philippines.

The exchange rate between the Philippine peso and the Nigerian naira can fluctuate significantly over time. For instance, in 2019, the exchange rate was approximately 1 PHP to 85 NGN.

As of 2022, the exchange rate has changed to around 1 PHP to 55 NGN. This means that if you exchange 1,000 PHP, you'll get approximately 55,000 NGN.

To give you a better idea, here are some historical exchange rates: in 2015, the exchange rate was around 1 PHP to 120 NGN, and in 2018, it was around 1 PHP to 90 NGN.

A unique perspective: Nigerian Dollar to Gbp

Currency Information

The Philippine Peso (PHP) is the official currency of the Philippines, and it's currently used by the country. The symbol for the Philippine Peso is ₱.

Credit: youtube.com, 1 PHILIPPINE PESO TO NIGERIAN NAIRA today 04 September 2024 1 PHP TO NGN 🇵🇭🇳🇬

The Philippine Peso is divided into 100 subunits, with the sentimo (Filipino) and centavo (Spanish) being the two subunits. Coins available in the Philippines include 1, 5, 10, 25 sentimo, 1, 5, and 10 piso. Banknotes available range from 5 to 1000 piso.

Here's a list of the available banknotes in the Philippines:

  • 5 piso
  • 10 piso
  • 20 piso
  • 50 piso
  • 100 piso
  • 200 piso
  • 500 piso
  • 1000 piso

The Bangko Sentral ng Pilipinas is the central bank that oversees the Philippine Peso.

Conversion Tools

If you're looking to convert Philippine Pesos to Nigerian Nairas, there are several tools at your disposal. You can use OANDA's free currency converter to type in the relevant field currency names, 3-letter ISO currency symbols, or country names to select your currency.

OANDA's currency converter allows for conversions of world currencies, precious metals, or obsolete currencies, and you can even access currency exchange rates dating back to January 1990. This tool can be a lifesaver when dealing with international transactions or travel.

Credit: youtube.com, RATE UPDATE//PHILIPPINES PESO TO NIGERIA NAIRA//WHICH IS HIGHER

To use OANDA's currency converter, simply type in the amount of Philippine Pesos you'd like to convert and select Nigerian Naira as the target currency. The converter will then provide you with the current exchange rate and the equivalent amount in Nigerian Nairas.

Here's a quick reference guide to help you with conversions:

Keep in mind that exchange rates can fluctuate constantly, so it's always a good idea to check the current rate before making any transactions.

Historical Data

The Philippine Peso to Nigerian Naira exchange rate has seen a significant fluctuation over the years. In the last six months, the rate has decreased by -3.69%.

Looking at the historical data, we can see that the highest PHP to NGN exchange rate in the last year was 29.776 Nigerian Nairas per Philippine Peso on October 1, 2024. This is a notable high point in the exchange rate.

Here's a breakdown of the exchange rate for the last year:

In contrast, the lowest PHP to NGN exchange rate in the last year was 15.607 Nigerian Nairas per Philippine Peso on January 17, 2024. This shows the significant fluctuations in the exchange rate over time.

History

A Close-Up Shot of Philippines Peso Coins
Credit: pexels.com, A Close-Up Shot of Philippines Peso Coins

Historical Data shows that exchange rates can fluctuate significantly over time. The Philippine Peso (PHP) and Nigerian Naira (NGN) exchange rate has varied greatly in recent days.

On Friday, October 1st, 2025, 60,000 PHP was equivalent to 1,577,626.32 NGN, while on Thursday, September 1st, 2025, it was equivalent to 1,588,978.92 NGN. This represents a decrease in the value of the Nigerian Naira compared to the previous day.

Here's a breakdown of the exchange rate for the Philippine Peso and Nigerian Naira over the past week:

The exchange rate for the US Dollar (USD) and other currencies has also fluctuated over time. For example, the exchange rate for USD to EUR on October 1st, 2025 was 0.97626.

Invert Historical Chart

The PHP/NGN rate is down -3.69% in the six months, indicating that the Philippine Peso has decreased in value compared to the Nigerian Naira.

This decline is significant, and it's worth noting that this rate is based on data from 2025-1-10. The average exchange rate over this period was 26.041 Nigerian Nairas per Philippine Peso.

Flat lay of Philippine peso bills, coins, smartphone, and notebook. Ideal for financial themes.
Credit: pexels.com, Flat lay of Philippine peso bills, coins, smartphone, and notebook. Ideal for financial themes.

To put this in perspective, the high point for the PHP/NGN rate was 29.776 Nigerian Nairas per Philippine Peso on October 1, 2024, while the low point was 15.607 Nigerian Nairas per Philippine Peso on January 17, 2024.

Here's a brief summary of the PHP/NGN exchange rate over the past year:

These numbers give us a clear picture of the PHP/NGN exchange rate over the past year, and it's interesting to see how it has fluctuated over time.

Teresa Halvorson

Senior Writer

Teresa Halvorson is a skilled writer with a passion for financial journalism. Her expertise lies in breaking down complex topics into engaging, easy-to-understand content. With a keen eye for detail, Teresa has successfully covered a range of article categories, including currency exchange rates and foreign exchange rates.

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