Saturday, June 4, 2011

Philippines 5 Piso (1985)

The peso (Filipino: piso) is the currency of the Philippines. It is subdivided into 100 centavos (Filipino: sentimo, Visayan: sentabo). Before 1967, the language used on the banknotes and coins was English and so "peso" was the name used. The language was then changed to Filipino, so that the name of the currency as written on the banknotes and coins is now Piso.

The peso is usually denoted by the symbol "₱". Other ways of writing the Philippine Peso sign are "PHP", "PhP", "P", or "P". The coins and banknotes are made at the Security Plant Complex of the Bangko Sentral ng Pilipinas.

Obverse: Emilio Aguinaldo, 
Philippine independence marker

Reverse: Declaration of Philippine independence

The 1985 Philippine five-peso bill (₱5) bill was completely redesigned and Emilio Aguinaldo replaced Andres Bonifacio in this series. The NHCP historical marker in the Barasoain Church (indicating the foundation of the First Philippine Republic, which Aguinaldo became its president) along with a cannon can be seen on the right side of the obverse. On the reverse, a scene from the Declaration of the Philippine Independence is featured.

Thanks to a trader from Chatuchak Market, Bangkok, Thailand.