SVC to PHP Exchange Rate - Convert El Salvador Colon to Philippine Peso

Converting from El Salvador Colon (SVC) to Philippine Peso (PHP)

What is El Salvador Colon (SVC)

The El Salvador Colon (SVC) was the official currency of El Salvador until it was replaced by the United States Dollar (USD) in 2001. The colon was subdivided into 100 centavos. It was named after Christopher Columbus (Cristóbal Colón in Spanish). The use of the colon began in 1892, and it played a significant role in shaping the country’s economic landscape.

Throughout its history, the colon experienced several challenges, including inflation and economic instability. To combat these issues, the Salvadoran government decided to dollarize the economy, a move that many believe stabilized the nation's finances, lowered transaction costs, and made international trade easier. While the colon is no longer in circulation, knowing about its history can provide insight into the economic changes in El Salvador.

What is Philippine Peso (PHP)

The Philippine Peso (PHP) is the official currency of the Philippines. It is further divided into 100 centavos. The currency symbol for the peso is "₱," and it is denoted by the ISO code "PHP." The peso has a long and intricate history, tracing back to the Spanish colonial period when it was used as a currency in the Philippines and throughout various territories.

Since gaining independence, the Philippines has seen significant economic development, and the peso has undergone multiple changes, including adjustments in its coin and banknote designs. It is currently regarded as a stable currency relative to other currencies in Southeast Asia, although it has experienced fluctuations due to global economic factors. The Banko Sentral ng Pilipinas (BSP) is responsible for issuing the currency and ensuring its stability.

Converting from the El Salvador Colon to the Philippine Peso can be a bit challenging because the colon is no longer in active circulation. However, if you are holding outdated currency or are simply looking to understand the value relationship between these two currencies, you can look into historical exchange rates and conversion approaches.

Historically, one might calculate the conversion using the last known exchange rates before dollarization. For example, as of the late 1990s, the exchange rate was approximately 8.75 SVC to 1 USD. From there, you could find the current exchange rate of USD to PHP, which is often around 50 PHP per USD, though this varies daily. Using this method, one could derive an approximate rate for converting SVC to PHP.

Conversion Rate (SVC to PHP) = Amount in SVC × (1/8.75) × 50

In conclusion, while the El Salvador Colon is no longer in use, understanding its value in terms of the Philippine Peso involves leveraging historical data and current exchange rates to perform conversions. This approach may help anyone interested in the effects of currency changes and historical economic impact.

El Salvador Colon to Philippine Peso conversion table

SVC to PHP conversion table

El Salvador Colon (SVC)Philippine Peso (PHP)
1 SVC6.43210609731 PHP
2 SVC12.86421219463 PHP
3 SVC19.29631829194 PHP
4 SVC25.72842438925 PHP
5 SVC32.16053048657 PHP
6 SVC38.59263658388 PHP
7 SVC45.02474268119 PHP
8 SVC51.45684877851 PHP
9 SVC57.88895487582 PHP
10 SVC64.32106097313 PHP
100 SVC643.21060973132 PHP
200 SVC1 286.42121946265 PHP
300 SVC1 929.63182919397 PHP
400 SVC2 572.8424389253 PHP
500 SVC3 216.05304865662 PHP
600 SVC3 859.26365838795 PHP
700 SVC4 502.47426811927 PHP
800 SVC5 145.6848778506 PHP
900 SVC5 788.89548758192 PHP
1 000 SVC6 432.10609731325 PHP
2 000 SVC12 864.2121946265 PHP
5 000 SVC32 160.53048656624 PHP
10 000 SVC64 321.06097313248 PHP
20 000 SVC128 642.12194626496 PHP
50 000 SVC321 605.3048656624 PHP
100 000 SVC643 210.60973132479 PHP
Last updated April 25, 2025 at 11:55 PM