Philippine peso
- noun
:
peso filipino
- Philippine peso liquidity has nothing to do with the poor, hungry, and starving Filipinos in dreadful poverty in the countryside.
Examples
-
When traveling in the Philippines, make sure to exchange your dollars for Philippine pesos to buy local goods.
-
The Philippine peso fell from P26.4 to U.S. $1 in July to a low of P51 to a dollar in December 1997.
Academic text (1999) -
These Japanese men are also aware that the large gap in the value of the Japanese yen and Philippine peso allows them to more easily materialize such a desire or plainly boast of their financial superiority.
Academic text (2007) -
The cost of living in Manila has increased, making Philippine pesos less valuable compared to other currencies.
-
With 100 Philippine pesos, I bought a delicious meal from a street vendor in Cebu.
Synonyms
17
1.6
A unit of money used in countries like Mexico and the Philippines
A unit of money used in the Philippines, often a one-peso coin
Surface Forms
Morphology
The phrase is a straightforward composition of a country adjective and a currency noun: 'Philippine' (of the Philippines) + 'peso' (a unit of currency). This country+currency pattern is cross-linguistically common and therefore a B1 learner who knows both constituents will readily infer it denotes the currency of the Philippines.
Etymology
Philippine peso comes from when Spain ruled the islands. The word peso means 'weight' in Spanish and was used for heavy silver coins people used as money. That's why Philippine peso means the country's money today.