East Caribbean Dollar in Philippine Peso

XCD East Caribbean Dollar

Country of application:
Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines

Coin denominations in circulation:
5, 10, 25 cents and 1 dollar.

Denominations of banknotes in circulation:
5, 10, 20, 50, 100 dollars.

History reference:
The national currency of Anguilla is the East Caribbean dollar. Since 1982, a new series of coins has been in circulation in denominations of 1, 2, 5, 10, 25 cents and 1 dollar. Coins from 1 to 5 cen...ts were polyhedral, and a coin of 2 cents was square in shape. They were all made of aluminum alloy. But 10 and 25 cent coins were round, and made of copper-nickel alloy. The dollar was also round, but made of an aluminum bronze alloy. In 1989, the one dollar coin became multifaceted from a round shape and now from a copper-nickel alloy, changing its color from yellow to silver. Since 2002, new exclusively round 1, 2 and 5 cent coins have entered circulation, as well as a new $1 coin, which is now also round. Since 2009, 10.25 cents and 1 dollar coins have been minted from Akmonital alloy. The 1 and 2 cent coins were withdrawn from circulation in July 2015 and were legal tender until June 30, 2020.

PHP Philippine Peso

Country of application:
Philippines

Coin denominations in circulation:
20, 50, 100, 200, 500, 1000 Philippine pesos.

Denominations of banknotes in circulation:
1, 5, 10, 25 centimos, 1, 5, 10 Philippine pesos.

History reference:
The Philippine peso is the national currency of the Philippines. In 1898, the country experienced a revolution and issued its own coins and paper money backed by the countrys resources. The revolutio...n was short-lived - this money ceased to circulate in 1901. The US took control of the Philippines and launched a currency that was pegged to the price of gold, which at the time was about half the value of the United States dollar (USD). The peg of £2 to the dollar continued until the country became independent in 1946. Monetary policy in the Philippines is conducted by the Central Bank of the Philippines (BSP), established on July 3, 1993 as the central bank. It produces the nations banknotes and coins at its Security Enterprise Complex, which is due to relocate to New Clark City in Kapas, Tarlac.