Philippine Peso in Polish Zloty

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.

PLN Polish Zloty

Country of application:
Poland

Coin denominations in circulation:
5, 2, 1 zloty, 50, 20, 10, 5, 2 and 1 grosz.

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

History reference:
Zloty (Polish - gold) - at least since the 15th century, the everyday name of the golden ducat, since 1526 - the main counting monetary unit, since 1564 - the silver coin of the Kingdom of Poland, an...d after the Commonwealth, from 1924 to the present - national currency of Poland. Initially, the word "złoty" in Poland was used to refer to foreign-made gold coins (mostly ducats), then for some time in the 16th century, the złoty was a counting monetary unit, and since 1564, złoty began to be minted in the form of silver coins. Before the zloty, other monetary units were used in Poland - the Polish mark (or, as it was also called the "hryvnia"), kopa, and the Krakow hryvnia.