Podcast
Questions and Answers
What was the average exchange rate of the Philippine peso to the dollar in February 1986?
What was the average exchange rate of the Philippine peso to the dollar in February 1986?
Which medium of exchange was commonly used among early Filipinos before the introduction of coins?
Which medium of exchange was commonly used among early Filipinos before the introduction of coins?
What was the highest exchange rate the Philippine peso achieved from 1945 to 1959?
What was the highest exchange rate the Philippine peso achieved from 1945 to 1959?
What were the earliest coins brought in by the galleons during the Hispanic era called?
What were the earliest coins brought in by the galleons during the Hispanic era called?
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Which significant historical period utilized the Piloncitos as a form of local coinage?
Which significant historical period utilized the Piloncitos as a form of local coinage?
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During which years were Spanish dos mundos extensively circulated?
During which years were Spanish dos mundos extensively circulated?
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How did the Philippine peso perform in comparison to $1 throughout the Marcos administration?
How did the Philippine peso perform in comparison to $1 throughout the Marcos administration?
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What was the primary reason for adopting cowry shells as a medium of exchange?
What was the primary reason for adopting cowry shells as a medium of exchange?
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Which historical event took place at Reverse Barasoain Church?
Which historical event took place at Reverse Barasoain Church?
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Which figure is prominently featured on the obverse of the 5 Piso banknote?
Which figure is prominently featured on the obverse of the 5 Piso banknote?
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What is the predominant color of the 10 Piso banknote?
What is the predominant color of the 10 Piso banknote?
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When did the Bangko Sentral ng Pilipinas announce the redesign of current banknotes and coins?
When did the Bangko Sentral ng Pilipinas announce the redesign of current banknotes and coins?
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What notable addition was made to the 500-piso note in the New Generation Currency series?
What notable addition was made to the 500-piso note in the New Generation Currency series?
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What feature was purposely retained in the New Generation Currency series from the New Design Series?
What feature was purposely retained in the New Generation Currency series from the New Design Series?
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Which currency note features the declaration of Philippine independence on its reverse?
Which currency note features the declaration of Philippine independence on its reverse?
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What is depicted on the reverse of all coins in the New Generation Currency series?
What is depicted on the reverse of all coins in the New Generation Currency series?
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Which individual is featured on the obverse of the 5 Piso coin from the Ang Bagong Lipunan Series?
Which individual is featured on the obverse of the 5 Piso coin from the Ang Bagong Lipunan Series?
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What color is associated with the coin featuring Apolinario Mabini in the Ang Bagong Lipunan Series?
What color is associated with the coin featuring Apolinario Mabini in the Ang Bagong Lipunan Series?
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Which building is depicted on the reverse of Sergio Osmeña's coin from the Ang Bagong Lipunan Series?
Which building is depicted on the reverse of Sergio Osmeña's coin from the Ang Bagong Lipunan Series?
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Which individual is represented on the obverse of the orange coin in the Ang Bagong Lipunan Series?
Which individual is represented on the obverse of the orange coin in the Ang Bagong Lipunan Series?
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What is depicted on the reverse side of the Jose Rizal coin in the Ang Bagong Lipunan Series?
What is depicted on the reverse side of the Jose Rizal coin in the Ang Bagong Lipunan Series?
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What inscription is found on the obverse of the 25 Sentimos coin?
What inscription is found on the obverse of the 25 Sentimos coin?
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Which coin series was introduced in 1983, which includes 2-piso coins?
Which coin series was introduced in 1983, which includes 2-piso coins?
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Which individual is featured on the obverse of the 1 Piso coin in the Ang Bagong Lipunan Series?
Which individual is featured on the obverse of the 1 Piso coin in the Ang Bagong Lipunan Series?
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What was represented on the obverse of the coins in the Flora and Fauna series?
What was represented on the obverse of the coins in the Flora and Fauna series?
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Which of the following coins features the Philippine Eagle on its reverse?
Which of the following coins features the Philippine Eagle on its reverse?
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In what year was the Flora and Fauna series renamed to the Improved Flora and Fauna series?
In what year was the Flora and Fauna series renamed to the Improved Flora and Fauna series?
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Which flower is depicted on the reverse of the coin representing the 10 Sentimo denomination?
Which flower is depicted on the reverse of the coin representing the 10 Sentimo denomination?
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What improvement was associated with the renaming of the Flora and Fauna series?
What improvement was associated with the renaming of the Flora and Fauna series?
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Who is featured on the obverse of the 1 Piso coin?
Who is featured on the obverse of the 1 Piso coin?
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Which rare species is depicted on the reverse of the 25 Sentimo coin?
Which rare species is depicted on the reverse of the 25 Sentimo coin?
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What was the main reason for introducing the 5-piso coin?
What was the main reason for introducing the 5-piso coin?
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Which currency served as the first world currency by the late eighteenth century?
Which currency served as the first world currency by the late eighteenth century?
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When did the euro officially come into circulation?
When did the euro officially come into circulation?
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What established the US dollar as the basis for a monetary account?
What established the US dollar as the basis for a monetary account?
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Which currency functioned as the global reserve currency from 1816 until the collapse of the gold standard?
Which currency functioned as the global reserve currency from 1816 until the collapse of the gold standard?
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Which coin was used in Persia between 522 BC and 330 BC?
Which coin was used in Persia between 522 BC and 330 BC?
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What was the average peso-dollar exchange rate in December 1965 as Ferdinand Marcos began his administration?
What was the average peso-dollar exchange rate in December 1965 as Ferdinand Marcos began his administration?
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Which currency was used in Europe as a standard measure from about 1486 to 1908?
Which currency was used in Europe as a standard measure from about 1486 to 1908?
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What was the primary metal used for coins in the Roman currency system?
What was the primary metal used for coins in the Roman currency system?
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Study Notes
Flora and Fauna Series (1983 – 1998)
- The series featured portraits of notable Filipino patriots on the obverse and rare indigenous species on the reverse.
- Coins included:
- 2 Piso: Cocos nucifera (Coconut tree) with Andres Bonifacio
- 1 Piso: Anoa mindorensis (Tamaraw) with Jose Rizal
- 50 Sentimo: Pithecophaga jefferyi (Philippine Eagle) with Marcelo H.del Pilar
- 25 Sentimo: Graphium idaeoides (Butterfly) with Juan Luna
- 10 Sentimo: Pandaka pygmaea (smallest fish) with Francisco Baltasar
- 1 Sentimo: Voluta imperialis (shell) with Lapu Lapu
- Highlighted rare flora: Vanda sanderiana (Waling-waling orchid) with Melchora Aquino.
Improved Flora and Fauna Series (Post-1991)
- Coin sizes reduced in 1991, prompting the series to be renamed Improved Flora and Fauna.
- Introduction of a 5 Piso coin replaced the widely circulated 5-piso banknote.
Historical Context of Currencies
- Pre-Hispanic Era: Barter system used before the Spaniards arrived; cowry shells became common currency.
- Hispanic Era: The introduction of silver coins from Mexico; the Spanish dos mundos circulated widely from 1732-1772.
- American Period: Included varied denominations featuring prominent Filipino figures.
Ang Bagong Lipunan Series (1975-1998)
- Featured prominent figures on the obverse and significant landmarks or symbols on the reverse:
- Manuel Roxas with BSP Complex (Violet)
- Sergio Osmeña with Legislative Building (Red)
- Manuel L. Quezon with Malacañan Palace (Orange)
- Apolinario Mabini with Barasoain Church (Brown)
- Andres Bonifacio with Blood Compact (Green)
- Jose Rizal with Declaration of Independence (Blue)
New Design Series (1985-2017)
- Featured various Filipino historical figures and events:
- Emilio Aguinaldo with Declaration of Independence (Green)
- Coins included: 10 Piso, 5 Piso, 1 Piso, 25 Sentimo, 10 Sentimo, 5 Sentimo, 1 Sentimo, each with BSP logo on the reverse.
New Generation Currency Series (2010-Present)
- Launched in 2009 by the Bangko Sentral ng Pilipinas to enhance security and durability of banknotes and coins.
- New designs feature famous Filipinos and Philippine natural wonders, maintaining some features from the New Design Series for smooth transition.
- Initial release of new banknotes began on December 16, 2010.
Fact Check on Peso Value Decline
- Peso equivalent against the U.S. dollar was at P3.91 in December 1965.
- By February 1986, the rate increased to P20.46, dispelling claims of the peso being at P1 during Marcos' administration.
- Historically, the peso maintained a rate of approximately P2 per dollar from 1945 to 1959 as its highest valuation.
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Description
Test your knowledge about the Flora and Fauna Series of coins that celebrated Filipinos’ heritage and nature. This quiz covers the designs, notable figures, and the unique species represented on these coins from 1983 to 1998. Dive into the world of Philippine numismatics and discover more about its significance.
