1 Philippine peso is equal to 0.02 U.S. dollars and 0.017 euros as of June 2021.
Figures have been rounded.
Values prior to 2019 came from previous reports.
Citation formats
Value of electronic money transactions Philippines 2017-2020
The risks posed by traditional method of cash transactions during the coronavirus (COVID-19) pandemic led to a surge in online or digital money transactions across the globe. In the Philippines, the value of electronic money transactions processed by banks and financial institutions saw a ** percent increase to **** trillion Philippine pesos in 2020. Filipino consumers highlight the convenience of electronic transactions as the main reason for choosing this payment method.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
The Philippine Star. (June 9, 2021). Total value of electronic money transactions in the Philippines from 2017 to 2020 (in trillion Philippine pesos) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 16, 2026, from /statistics/1245866/value-electronic-transactions-philippines/
The Philippine Star. "Total value of electronic money transactions in the Philippines from 2017 to 2020 (in trillion Philippine pesos)." Chart. June 9, 2021. ÌÇÐÄÆÆ½â°æ. Accessed July 16, 2026. /statistics/1245866/value-electronic-transactions-philippines/
The Philippine Star. (2021). Total value of electronic money transactions in the Philippines from 2017 to 2020 (in trillion Philippine pesos). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 16, 2026. /statistics/1245866/value-electronic-transactions-philippines/
The Philippine Star. "Total Value of Electronic Money Transactions in The Philippines from 2017 to 2020 (in Trillion Philippine Pesos)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 9 Jun 2021, /statistics/1245866/value-electronic-transactions-philippines/
The Philippine Star, Total value of electronic money transactions in the Philippines from 2017 to 2020 (in trillion Philippine pesos) ÌÇÐÄÆÆ½â°æ, /statistics/1245866/value-electronic-transactions-philippines/ (last visited July 16, 2026)
Total value of electronic money transactions in the Philippines from 2017 to 2020 (in trillion Philippine pesos) [Graph], The Philippine Star, June 9, 2021. [Online]. Available: /statistics/1245866/value-electronic-transactions-philippines/