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The Philippines officially the Republic of the Philippines is a unitary sovereign and archipelagic country in Southeast Asia. Situated in Pacific Ocean, it consists of about 7,641 island that are categorised broadly under three main geographical divisions. The capital city of the Philippines is Manila, whilst the most populous city is Quezon City, both part of Metro Manila. Bounded by the South China Sea, the Philippine Sea and Celebes Sea, the Philippines shares maritime borders Taiwan, Vietnam, Palau, Malaysia and Indonesia.
The Philippines' location on the Pacific Ring of Fire and close to the equator makes the Philippines prone to earthquakes and typhoons. However it also means the islands are packed with abundant natural resources and some of the world's greatest biodiversity.
The Philippine piso/peso is the official currency of the Philippines and may be subdivided into 100 centavos or sentimos in Filipino.
Out of the approx 7500 islands in the Philippines, only 2,000 of them are inhabited, and nearly 5,000 are still unnamed on global maps.
The Philippines are named after King Philip II of Spain. Explorer Ruy López de Villalobos gave it this original name, known as the Felipenas.The country’s official name is the Republic of the Philippines.
The piso is the Filipino term for peso, the terms can be used interchangeably.
The Piso is the official currency of the Philippines. The ISO 4127 currency code for the Philippine Piso is PHP.