Philippine Peso in Bermudian dollar

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.

BMD Bermudian dollar

Country of application:
Bermuda

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

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100 dollars.

History reference:
The Bermuda dollar is the currency of Bermuda. Bermuda is a British Overseas Territory. To date, coins have been issued in denominations of 10 and 50 cents. The $ currency has been issued since 1970 ...in place of the Bermuda pound. Commemorative coins are of particular interest to numismatists. The so-called "Bermuda Triangles" have the corresponding shape, but are made of different alloys and have different denominations.