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The Philippine Peso (PHP) is the official currency of the Philippines, recognized by the symbol '₱'. It is subdivided into 100 centavos and serves as the medium of exchange for goods and services in the country, facilitating trade and economic activities.
The Bahamian Dollar (BSD) is the official currency of the Bahamas, a country comprising numerous islands in the Caribbean. It is pegged to the United States Dollar (USD) at a 1:1 exchange rate, which aids in stabilizing the economy and facilitating trade with the United States. The currency is denoted by the symbol '$' or 'B$' to distinguish it from other dollar-denominated currencies.