Multiple Choice Questions on What is the currency of Philippines ........ for IBPS RRB - Office Assistant/ Clerical Exam Preparation

Currency Capitals

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Study Notes

    What is the currency of Philippines ?

    Peso

    Correct Answer

    Lira

    Incorrect Answer

    Rupiah

    Incorrect Answer

    Shekel

    Incorrect Answer
    Explanation:

    The Philippine peso, also referred to by its Filipino name piso, is the official currency of the Philippines. It is subdivided into 100 centavos or sentimos in Filipino. As a former colony of the United States, the country used English on its currency, with the word "peso" appearing on notes and coinage until 1967.


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