Convert Philippine Peso to Uzbekistan Som
Please provide values below to convert Philippine Peso [PHP] to Uzbekistan Som [UZS], or Convert Uzbekistan Som to Philippine Peso.
How to Convert Philippine Peso to Uzbekistan Som
1 PHP = 0.00448136218589657 UZS
Example: convert 15 PHP to UZS:
15 PHP = 15 × 0.00448136218589657 UZS = 0.0672204327884485 UZS
Philippine Peso to Uzbekistan Som Conversion Table
| Philippine Peso | Uzbekistan Som |
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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.
Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.