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A 10,000 peso gold coin was also issued to commemorate 70 years of Central Banking in the Philippines. [10] On March 11, 2022, the BSP issued a commemorative 125-peso coin to honor the 125th martyrdom anniversary of Dr. Jose Rizal. [11]
The 20 peso coin was issued into circulation on December 17, 2019. The coin is bi-metallic, with a bronze-plated steel outer ring and a nickel-plated steel center plug, and is the second bi-metallic coin issued by the Bangko Sentral ng Pilipinas, after the 10 peso coin of the New Design/BSP series.
The Philippine peso has since traded versus the U.S. dollar in a range of ₱24–46 from 1993 to 1999, ₱40–56 from 2000 to 2009, and ₱40–54 from 2010 to 2019. The previous 1903–1934 definition of a peso as 12.9 grains of 0.9 gold (or 0.0241875 XAU) is now worth ₱2,266.03 based on gold prices as of November 2021. [18]
Photos of the new coin were released on 17 December 2019, along with the "enhanced" 5 peso coin, confirming their designs. [3] The coin was initially planned to be released in late 2019 or early 2020, [4] and in another 17 December report, it was reported that 500,000 coins of the new denomination were released, with more to be minted in 2020. [5]
[27] [28] Production and issuance of two additional silver and gold coins in 1000-peso and 10,000-peso denominations were called off due to limitations in the procurement process. [29] On December 21, 2015, the BSP issued a commemorative 10-peso coin in honor of General Miguel Malvar, in time for the 150th year birth anniversary. [30]
The Philippine one-peso coin (₱1) is the fourth-largest denomination coin of the Philippine peso. The current version, issued in 2018, features a portrait of Philippine national hero, José Rizal on the obverse. The reverse side features the Waling-waling orchid and the current logo of the Bangko Sentral ng Pilipinas.
The Philippine ten-peso coin (₱10) is the second largest denomination coin of the Philippine peso.. Two versions of this denomination are in circulation; the bi-metallic coin, first issued in 2000, with the dual profiles of Andrés Bonifacio and Apolinario Mabini on obverse and the 1993 logo of the Bangko Sentral ng Pilipinas on the reverse.
The Philippine five-peso coin (₱5) is the third-largest denomination of the coins of the Philippine peso.. Three versions of the coin are in circulation, the version from the BSP Series which was issued from 1995 to 2017, the original round coin from the New Generation Currency Coin Series issued from 2017 to 2019 and the nonagonal (9-sided shape) version since 2019.
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