The peso (Filipino: piso) (sign:; international currency code : PHP) is the currency of the Philippines. It is subdivided into 100 centavos (Spanish) or sentimo (Filipino). 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.
The peso is usually denoted by the symbol " ₱ ". This symbol was added to the Unicode standard in version 3.2 and is assigned U+20B1 (₱). Due to the lack of font support, the symbol is often substituted with a simple "P", a P with one horizontal line instead of two (available as the peseta sign, U+20A7 (₧), in some fonts), as "PHP", or "PhP".
The coins are minted at the Security Plant Complex.Philippine peso coins are issued by the Bangko Sentral ng Pilipinas for circulation in the Philippines and are currently available in seven denominations. Sentimo is a monetary subdivision, equivalent to a 1/100th of a Philippine peso.
The Centimo was a currency unit of Spain,Portugal and their former colonies. The word derived from the Latin centimus meaning "hundredth part". The main Spanish currency (pre-euro) was the peseta which was divided into 100 céntimos. In Portugal it was the real and later the escudo until it was also replaced by the euro. In Spanish, céntimo is the common way of describing the euro cent.
This type was issued by the Philippines for circulation 1983-90, to be superseded in 1991 by a smaller brass coin (KM 242.3). Today, with US$1 = 48 PHP (approximately), no coins smaller than a peso circulate. This date is the most common. The bird on the reverse, Pithecophaga jeffreyi, is better known as the monkey-eating eagle and on the obverse Head of back bust writer Marcelo H. del Pilar and date of issue below it.This copper-nickel coin of weight 6 gram and diameter 25 mm was minted by Central Bank of Philippines, Security Plant Complex, Quezon city under flora and fauna series.The coin was first issued in 1983 and lastly in 1990 and after minting about 121,408,000 coins in 1984, most coins were minted in 1986 - about 120,000,000.
About 401,186,000 coins were minted.
Now the coin costs more than $ 3.
About 401,186,000 coins were minted.
Now the coin costs more than $ 3.
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