Qatari Rial in Philippine Peso

QAR Qatari Rial

Country of application:
Qatar

Coin denominations in circulation:
1, 5, 10, 25, 50 dirhams.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100, 500 riyals.

History reference:
The Qatari rial has been the national currency and money of the State of Qatar from 1973 to the present. It replaced the riyal of Qatar and Dubai, after Dubai became part of the UAE. Until April 28, ...1959, the Indian rupee was in circulation in the country, until it was replaced by the Persian Gulf rupee issued for the countries of the Persian Gulf. The Gulf rupee was pegged to the Indian rupee and when the Indian rupee depreciated in 1965, the value of the Gulf rupee fell and then Qatar along with other Gulf countries decided to issue their own currency.

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.