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Monday, February 2, 2009

Philippine Money

The currency of the Philippines is the Philippine peso or in tagalog it's piso. It is subdivided into 100 centavos (centimo). Before 1967, the language used on the banknotes and coins was English and so "peso" was the name used. The language was then changed to Pilipino (the name of the Filipino language then) and so the currency as written on the banknotes and coins is piso. Current are coins of 5, 10, and 25 centavos and 1, 5 and 10 pesos, and bank notes of 20, 50, 100, 200, 500 and 1000 pesos. The 5 peso note is no longer printed, but still legal tender.

1 comment:

Tony Briley said...

We have quite a few pesos laying around, leftovers from trips that we didn't trade in when we came home.

Though we did decide to mail a few thousand to my sister-in-law not long ago. Of course, they never made it.