Convert Philippine Peso to Bangladeshi Taka
Please provide values below to convert Philippine Peso [PHP] to Bangladeshi Taka [BDT], or Convert Bangladeshi Taka to Philippine Peso.
How to Convert Philippine Peso to Bangladeshi Taka
1 PHP = 0.468032239822724 BDT
Example: convert 15 PHP to BDT:
15 PHP = 15 × 0.468032239822724 BDT = 7.02048359734086 BDT
Philippine Peso to Bangladeshi Taka Conversion Table
Philippine Peso | Bangladeshi Taka |
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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.
Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central bank.