Philippine Peso in Guatemalan Quetzal

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.

GTQ Guatemalan Quetzal

Country of application:
Guatemala

Coin denominations in circulation:
1, 5, 10, 25, 50 centavos, 1 quetzal.

Denominations of banknotes in circulation:
1 quetzal, 5, 10, 20, 50, 100, 200 quetzals.

History reference:
Guatemalan quetzal GTQ (320). Quetzal (quetzal, quetzal) is the currency of Guatemala. It got its name in honor of the national bird quetzal. Introduced in 1925 instead of the previously circulating ...peso at a ratio of 60 pesos = 1 quetzal In circulation are coins in denominations of 1, 5, 10, 25, 50 centavos and 1 quetzal and banknotes in denominations of 1, 5, 10, 20, 50, 100 and 200 quetzals. Banknotes of old models of issue after 1948 are a means of payment, they are extremely rare and are withdrawn from circulation as they wear out. Banknotes of the following series are distinguished by minor changes in design and security features.