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The Philippine peso derived from the Spanish silver coin Real de a Ocho or Spanish dollar, in wide circulation in the Americas and South-East Asia during the 17th and 18th centuries. The Philippine peso was introduced on May 1, 1852.
The sheqel has been a freely convertible currency since January 1, 2003. The currency is not produced in Israel, as the country has no mint. Instead banknotes are imported by air and coins by sea.
1 PHP = 0.0875 ILS
Philippine PesoIsraeli Sheqel
