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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 riyal has been the currency of Saudi Arabia since the country came in to being and was the currency of Hejaz before Saudi Arabia was created. In June 1986, the riyal was officially pegged to the US Dollar at a fixed exchange rate of 1 U.S. dollar = 3.75 riyals.
1 PHP = 0.0881 SAR
Philippine PesoSaudi Riyal
