Convert Bitcoin to Philippine Peso
Please provide values below to convert Bitcoin [BTC] to Philippine Peso [PHP], or Convert Philippine Peso to Bitcoin.
How to Convert Bitcoin to Philippine Peso
1 BTC = 1.48394235051905e-07 PHP
Example: convert 15 BTC to PHP:
15 BTC = 15 × 1.48394235051905e-07 PHP = 2.22591352577857e-06 PHP
Bitcoin to Philippine Peso Conversion Table
| Bitcoin | Philippine Peso |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.