Philippine Peso in Samoan Tala

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.

WST Samoan Tala

Country of application:
Samoa

Coin denominations in circulation:
10, 20, 50 seine, 1 and 2 hoists.

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100 hoists.

History reference:
The tala is the currency of Samoa. During the German rule, the German mark was in circulation on the islands, which was replaced after the end of the First World War by the Samoan pound. Control over... the circulation of the Samoan pound was carried out by a special financial department of New Zealand. After the declaration of independence by Western Samoa, the formed Central Bank of Samoa issued the national currency, the Samoan tala, into circulation, which gradually replaced the pound, which was exchanged at a ratio of 1 pound to 2 tals. Coins for Western Samoa were not issued, until 1933 British coins were used, and after - New Zealand coins. On July 10, 1967, as a result of the monetary reform, the Samoan pound was replaced by the Samoan tali at a ratio of 1 pound = 2 tals. The names "tala" and "sene" are Samoan equivalents of the words "dollar" and "cent". 2008 Samoan tala banknotes are made of plastic.