Currency history of the Philippines

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"Although the appearance of the Philippine currency varies with the changing generation, the country's history and culture remain stagnant." Mariz said in a report.

Money or money is any commercial item or method, which may be in the form of paper, coins or coins, bonds, debt or credit and so on. Or in other words, it is a medium used in exchange for goods.

During the long period of foreign occupation of the Philippines, their influence over its history and culture, as well as on the money used in the country, has grown immensely.

But before the Spaniards came to the Philippines, there was money for it. This is the Piloncitos. It is the earliest form of metal used as currency in the Philippines. It is made of pure gold weighing between 0.5 grams or more or less than 3 grams.

Over the years, different types of currencies have been used in the Philippines. There were metals, coins, bonds, paper and much more. On January 3, 1949, the Central Bank of the Philippies was established. And in 1993, the Central Bank of the Philippines started and that is the money we used for the twenty-five years that ended Dec 31, 2015. And now, we're using the “New Generation Currency, released” pa noog 2010.

Indeed, Philippine culture is still very widespread, especially in terms of money. So it is only right that you extend it and take care of it.

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