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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 won was first used as Korea's currency between 1902 and 1910. In 1945 Korea became divided, resulting in separate currencies, both called won, for the South and the North.
1 PHP = 26.4996 KRW
Philippine PesoSouth Korean Won
