Iraqi Dinar in Philippine Peso

IQD Iraqi Dinar

Country of application:
Iraq

Coin denominations in circulation:
10,000, 50,000 dinars.

Denominations of banknotes in circulation:
250, 500, 1000, 5000, 25000 dinars.

History reference:
The Iraqi dinar is the official currency of Iraq. There are two currencies in Iraq - old and new dinars. The old dinar also has such a name as "Saddams dinar". They were issued after the first Gulf W...ar and featured a portrait of Saddam Hussein on their front. Dinars of the old issue are in widespread circulation mainly in the territory of the autonomous region in the north of Iraq - Kurdistan. They received another name - Swiss dinars. In the country, the monetary unit developed slowly, for a long time foreign currencies were in circulation on the territory of the country, when the economy collapsed completely, the question arose of the need to manufacture a national and unified system of money. A new currency appeared in the country, which could please only with a security system. The entire currency was made in the same color scheme, in addition, it did not have much originality, for a long time this particular currency existed in the country.

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.