Philippine Peso in Sri Lankan Rupee

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.

LKR Sri Lankan Rupee

Country of application:
Sri Lanka

Coin denominations in circulation:
1, 2, 5, 10 rupees.

Denominations of banknotes in circulation:
20, 50, 100, 500, 1000, 5000 rupees.

History reference:
The Sri Lankan rupee is the currency of Sri Lanka. The country has been developing and developing the monetary unit all the time, the country had its own monetary system, many countries used the mone...y of this country. The intensive development of the country made it possible to bypass all the many countries. The country has a stable economy. The first currency of the country was a great success, a lot of money and labor was invested in the development and creation. The security features were strong, but the design had a poor quality feel. But nevertheless, the monetary unit began to be in demand outside the country. It is recommended to exchange money for the currency of Sri Lanka only at official institutions and exchange offices, usually located in Sri Lankan banks, the airport and large international hotels. Here we are talking not so much about the more favorable rate of the Sri Lankan rupee, but about the fact that when exchanging currency in official institutions, a special check is issued, according to which, when departing from Colombo at the airport bank, you can exchange Sri Lankan rupees at the official purchase rate.