The Philippine peso is derived from the Spanish peso or pieces of eight brought over in large quantities from Spanish America by the Manila galleons of the period from the 16th century to the 19th. From the same … See more

The smallest currency unit is called centavo in English (from Spanish centavo). Following the adoption of the "Pilipino series" in 1967, it … See more

• One-peso Treasury Certificate, 1924
• 2-piso note, Ang Bagong Lipunan series
• Philippine five-peso bill, New Design Series See more

Historical exchange rate
The official exchange rate was ₱2 against the U.S. dollar from 1946 to 1962, devalued to ₱3.90/$ in 1962, and devalued again to ₱6.43/$ in 1970. Black market exchange rates during these periods, however, were nearly always … See more

The Spanish administration opened the Casa de Moneda de Manila (or Manila mint) in 1857 in order to supply coins for the Philippines, minting silver coins of 10 centimos See more

The Bangko Sentral ng Pilipinas (BSP) was established on July 3, 1993, as the Philippines’ central bank, succeeding the previous Central Bank of the Philippines which was established in 1949. Its primary monetary policy objective is to promote a low and stable … See more

Errors in currency
In 2005, About 78 million 100-peso notes with President Gloria Macapagal Arroyo’s surname misspelled as "Arrovo" were printed and planned to be circulated. The error was only found out after 2 million of the notes were … See more