What does currency php mean?

Currency php refers to the Philippine peso currency code. The Philippine peso is the legal currency of the Philippines. 1 Philippine peso is equal to 100 centavos.

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What does currency php mean?

The Philippine peso (Filipino: peso, ISO 4217 currency code: PHP) is the legal tender of the Philippines. 1 Philippine peso is equal to 100 centavos (Filipino: sentimo). Values: 1, 2, 5, 10, 25, 50 cents and 1, 2, 5, 10, 20, 50, 100, 200, 500 and 1,000 pesos.

History

The Philippine Peso is one of the countries in the world that was once colonized by Spain and used the peso as its currency. Other countries that use the peso include Mexico, Colombia, Argentina, etc.

Philippines Peso (Philippines Peso) The Philippines has been a colony of Spain and the United States in the past, so the old banknotes circulated in the Philippines before World War II had the words "American Philippines" on them. The Philippines declared independence on July 4, 1946, and these old banknotes were declared invalid by the Philippine authorities after the war.

The banknotes circulating after the war had the word "VICTORY" printed on the old pre-war version. This banknote lost its legal value in 1967.

After 1949, the Philippine Central Bank issued 1, 5, 10, 20, and 50 pesos (Filipino), as well as 1, 2, 5, 10, 30, 50, and 100 pesos (English). Lost statutory value in 1974.

Most of the Philippine pesos in circulation were issued in the 1980s. The 2, 5, 10, 20, 50, and 100 pesos issued in the 1970s have been withdrawn from circulation, and the redemption deadline is February 2, 1996.

On December 16, 2010, the Philippines began to issue the sixth set of Philippine pesos, and in 2012 the series of 50-peso banknotes was reprinted.

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