Armenian dram in Philippine Peso

AMD Armenian dram

Country of application:
Armenia

Coin denominations in circulation:
500, 200, 100, 50, 20 and 10 AMD.

Denominations of banknotes in circulation:
100,000, 50,000, 20,000, 10,000, 1,000, 500, 100 and 50 drams.

History reference:
The first Armenian coins were minted in the 3rd century BC. e. Yervandids. Coins were also issued by the Artashesids (II-I centuries BC). The first coins with inscriptions in Armenian letters are kno...wn from the 11th century from Tashir-Dzoraget. At the end of the 11th century, the Cilician Armenian state arose. One of the names of his silver coins was "dram". The currency was issued in 1993 after the collapse of the Soviet Union. Before that, Soviet rubles were used. The symbol of the country on banknotes was presented as iconic figures of the Armenian people, as well as great architectural and artistic monuments. The colorful design is adorned with the national emblem and denomination. The name of the currency comes from the Greek drachma.

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.