What is the official currency of the Republic of the Philippines?

Answer and explanation

Correct answer: D. Philippine Peso (PHP)

  1. Step 1: The Philippine Peso (locally called piso) derives from the Spanish silver peso that circulated extensively during three centuries of Spanish colonial rule.
  2. Step 2: Issued by the Bangko Sentral ng Pilipinas, it is symbolized by ₱ and subdivided into 100 sentimos.
Answer
Philippine Peso (PHP)
Why not the others: 'Indonesian Rupiah' is the currency of Indonesia; 'Malaysian Ringgit' is the currency of Malaysia; 'Vietnamese Dong' is the currency of Vietnam.

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