Philippine Peso in Haitian Gourde

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.

HTG Haitian Gourde

Country of application:
Haiti

Coin denominations in circulation:
5, 10, 20, 50 centimes, 1, 5 gourdes.

Denominations of banknotes in circulation:
10, 25, 50, 100, 250, 500, 1000 gourdes.

History reference:
The Haitian gourde is the currency of Haiti. Its ISO 4217 code is HTG and is divided into 100 centimes (French) or centimes (Creole). The word gourde is French. cognate to the Spanish term "gordo", f...rom "pesos gordos" (also known in English as "hard eights" and in French as "piastres fortes espagnoles") in which colonial-era contracts were made in the Spanish sphere of influence often referred to as Haiti (officially - the Republic of Haiti) - a state located in the western part of the island of Hispaniola (Haiti). In the east, it has a common land border with the Dominican Republic (Diminican Republic). In addition, it has common borders on the division of maritime economic zones with Cuba in the west in the Windward Strait, the Bahamas in the north and Jamaica in the southwest in the San Geno and Jamaica straits. The name of the state comes from the language of the Taino Indians, from which the word "Haiti" is translated as "Mountain Country".