10 Questions
The name 'Peso' is derived from the Mexican peso.
False
Chinese merchants primarily traded spices with the precolonial Filipino tribes in the barter system.
False
Gold barter rings were used in the Philippines during the 16th century.
False
The Piloncitos are bead-like gold coins with round sides.
False
Magellan's expedition brought Chinese porcelain to the Philippine shores in 1521.
False
The Mexican coins called cabo de bara de plata were widely circulated during the reign of King Philip II.
False
The first coin minted in the Philippines was put into circulation during the reign of King Philip V.
True
The barillas were produced by the monarchy of Spain when there was a shortage of fractional coins.
False
The Spanish dos mundos coin, featuring twin crowned globes, circulated only in the Philippines during the height of the galleon trade.
False
The colderillas were quickly replaced by another version of the barilla bearing the bust of Carlos III.
True
Explore the evolution of the Philippine monetary system from pre-Spanish era to modern times. Learn about the influences of different eras and cultures on the development of the Philippine currency, including the adoption of the Peso from Spanish colonial rule.
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