The Philippine peso sign was introduced by Executive Order No. 66 of the United States colonial government on 3 August 1903.[1] The sign, in capitalized Roman letter P with two parallel lines "passing through and extending slightly beyond loop at right angle to shaft or stem", was decreed to be used "by all officials as the designation of the new Philippine peso to differentiate it from the $ sign for US dollars and Spanish pesetas..." This sign was chosen by Charles Edward Magoon, acting chief of the Bureau of Insular Affairs, and was approved by Governor William H. Taft.[2]
Encoding
The peso is usually denoted by the symbol "₱". This symbol was added to the Unicode standard in version 3.2 and is assigned U+20B1₱PESO SIGN (₱). The symbol can be accessed through some word processors by typing in 20b1 and then pressing the Alt+X buttons simultaneously, or by pressing and holding Alt, then pressing 8369 on the keypad.[3] Other ways of writing the Philippine Peso sign are "PHP", "PhP", "P", or "P" (strike-through or double-strike-through uppercase P), which is still the most common method, although font support for the Unicode Peso sign has been around for some time.[4]
The international three-letter currency code for the Philippine peso is PHP.[5]
