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The Bangko Sentral ng Pilipinas introduced the one thousand peso denomination in December 1991 during the presidency of Corazon Aquino and tenure of BSP Governor Jose L. Cuisia Jr. [2] The note features the portraits of former Chief Justice José Abad Santos; Josefa Llanes Escoda, civic worker and one of the founders of the Girl Scouts of the Philippines; and Vicente Lim, a general in the ...
The Philippines is a megadiverse country, [237] [238] with some of the world's highest rates of discovery and endemism (67 percent). [ 239 ] [ 240 ] With an estimated 13,500 plant species in the country (3,500 of which are endemic), [ 241 ] Philippine rain forests have an array of flora: [ 242 ] [ 243 ] about 3,500 species of trees, [ 244 ...
The first paper money circulated in the Philippines was the Philippine peso fuerte issued in 1851 by the country's first bank, the El Banco Español Filipino de Isabel II. Convertible to either silver pesos or gold onzas, its volume of 1,800,000 pesos was small relative to about 40,000,000 silver pesos in circulation at the end of the 19th century.
The Philippine one hundred-peso note (Filipino: Sandaang Piso) (₱100) is a denomination of Philippine currency. Philippine president Manuel A. Roxas is currently featured on the front side of the bill, while the Mayon Volcano and the whale shark (locally known as butanding ) are featured on the reverse side.
The Philippine fifty-peso note (Filipino: Limampung piso (formal), singkuwenta pesos ()) (₱50) is a denomination of Philippine currency. Philippine president and former House Speaker Sergio Osmeña is currently featured on the front side of the bill, while the Taal Lake and the giant trevally (known locally as maliputo) are featured on the reverse side.
The reverse side of the coin features the Coat of arms of the Philippines. The first version, minted from 1975 to 1978, featured a scroll with the inscription Republika ng Pilipinas (Republic of the Philippines). The second version, minted from 1978 to 1982, featured a scroll with the inscription ISANG BANSA, ISANG DIWA (One Nation, One Spirit).
A number of units of measurement were used in the Philippines to measure various quantities including mass, area, and capacity. The metric system has been compulsory in the country since 1860, during the late Spanish colonial period. [1]
The Philippine peso devalued sharply from 3.9 to 20.53. The recession was triggered largely by political instability following Ninoy's assassination, [ 30 ] high global interest rates, [ 31 ] severe global economic recession , and significant increase in global oil price , the latter three of which affected all indebted countries in Latin ...