Philippine Peso in Lesotho loti

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.

LSL Lesotho loti

Country of application:
Lesotho

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

Denominations of banknotes in circulation:
10, 20, 50, 100, 200 thresh.

History reference:
Loti, in pl. h. maloti is the currency of the Kingdom of Lesotho. From February 1961, the South African rand, issued to replace the South African pound, was in circulation in Lesotho. On January 19, ...1980, the first national currency was introduced - the loti, divided into 100 licentes and equal to the South African rand. This change was intended to ensure the economic and political independence of Lesotho from the Republic of South Africa, which in reality did not happen. The reverse side of the 50 licente coin contains the image of a rider on a horse, the 2 maloti coin is decorated with the image of five corn inflorescences, the reverse side of the 5 maloti coin is similarly decorated. On the front side of the 1 loti coin there is a portrait of the king of Lesotho, Moshen I, who in the first half of the 19th century. did everything to unite all the tribes that then lived on the territory of modern Lesotho, thereby ending internecine wars. Coins are mostly made of steel.