Malawian Kwacha in Philippine Peso

MWK Malawian Kwacha

Country of application:
Malawi

Coin denominations in circulation:
1, 2, 5, 10, 20, 50 tambala.

Denominations of banknotes in circulation:
1, 5, 10 kwacha.

History reference:
The Malawian kwacha is the national currency of the Republic of Malawi. Banknotes in denominations of 50 tambals, 1, 5, 10, 20, 50, 100, 200 and 500 Malawian kwachas are in circulation, in total more... than 35 banknotes of various modifications. However, in real money circulation, there are only banknotes of the series issued in 1997. There are also coins in denominations of 1, 2, 5, 10, 20, 50 tambals and 1 kwacha. Malawian kwacha banknotes were printed at the Royal Mint of Great Britain. The design of Malawian coins is quite interesting for specialists and numismatists. On the reverse of all Malawian coins, in addition to the digital denomination and the name of the state, animals are depicted that live on the territory of 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.