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Philippines Peso (php) Quote, Value, Bill and Exchange Rate

History

It was the 3 centuries of Spanish rule that brought about the existence of money in Philippines. At the end of the Spanish regime, Philippine money was a multiplicity of currencies that included Mexican pesos, Alfonsino pesos and copper coins of other currencies. From 1900 to 1941, the peso was pegged to the US dollar as the country was under American colonial rule. The World War II resulted in the fact that there were 2 kinds of notes circulated in Philippines at that time: one of Japanese Occupation Forces and the other of provinces and municipalities. After gaining the independence, Philippines government has taken control of the money issuance. IN 1961, the currency was allowed to float freely on the market.

Banknotes and coins
Banknotes

Currently, there are 8 denominations in circulation, though 5 and 10 piso note is no longer printed and not widely circulating. Notes are issued by Banko Sentral ng Pilipinas.
20 peso
The 20 peso note depicts Manuel L. Quezon. On the obverse is the image of Presidential Palace, the Malakañang, where the declaration of Filipino as the national language occurred. The other side has Banaue Rice Terraces, Paradoxurus hermaphroditus philippinensis (a kind of animal), Palm civet, Cordilleras weave design. Its color is orange and red.
50 peso    
The 50 peso note bears the image of Sergio Osmeña (a politician who served as the 4th President of the Philippines from 1944 to 1946), First Philippine Assembly, Leyte Landing. On the reverse is the Taal Lake in Batangas, Catanx ignobilis, maliputo (Giant trevally), Batangas embroidery design. Its color is also orange and red.
100 peso
This bluish violet note has Manuel A. Roxas, Old BSP building in Intramuros, Manila, Inauguration of the Third Philippine Republic’s images on the face. Meanwhile, the reverse depicts Mayon Volcano in Albay; butanding, Rhincodon typus, whale shark; Bicol textile design.
200 peso
The main color of this note is green. There are images of Diosdado P. Macapagal, EDSA People Power 2001, Aguinaldo Shrine in Kawit, Cavite, Barasoain Church in Malolos, Bulacan on the obverse and Chocolate Hills in Bohol; Tarsius syrichta, Philippine tarsier; Visayas weave design on the reverse
500 peso
Its theme color is yellow with Corazon C. Aquino, Benigno S. Aquino, Jr., EDSA People Power I, Benigno Aquino monument in Makati City on the obverse and Subterranean Underground River in Puerto Princesa, Palawan; Tanygnathus lucionensis, blue-naped parrot; Southern Philippines cloth design on the other side.
1000 peso
This blue 1000 peso note bears the image of José Abad Santos, Vicente Lim, Josefa Llanes Escoda; Centennial celebration of Philippine independence; Medal of Honor, which was awarded to Abad Santos, Lim, and Escoda on the obverse and Tubbataha Reefs Natural Park in Sulu Sea; Pinctada maxima, South Sea pearl; Mindanao design for Tinalak (Ikat-dyed abaca) on the reverse.

Coins

Coinage is available in 7 denominations, though small denominations like 1,5 and 10 sentimos have been rarely seen in circulation
25 sentimo
Obverse: "Republika ng Pilipinas", value, year of minting
Reverse: Logo of Bangko Sentral ng Pilipinas
1 peso
Obverse: “Republika ng Pilipinas", Profile of José Rizal, value, year of minting     
Reverse: Logo of Bangko Sentral ng Pilipinas
5 peso    
Obverse: 12-pointed scallop border design, "Republika ng Pilipinas", Profile of Emilio Aguinaldo, value, year of minting     
Reverse: 12-pointed scallop border design, Logo of Bangko Sentral ng Pilipinas
10 peso
Obverse: Ring: "Republika ng Pilipinas", year of minting; Center: Profiles of Andres Bonifacio and Apolinario Mabini, value
Reverse: Logo of Bangko Sentral ng Pilipinas

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