NationMaster - Encyclopedia: Philippine peso

The piso (Filipino) or peso (English and Spanish) is the currency of the Philippines. It is subdivided into 100 sentimo (English and Spanish: centavos). The ISO 4217 name is "Philippine peso" and the code is "PHP". Although the name as printed on the banknotes and coins changed from "peso" to "piso" in 1967, the name peso continues to be used locally in many contexts where the English language is used. The peso is a unit of currency. ... The English language is a West Germanic language that originates in England. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ...

The peso is usually denoted by the symbol

. This symbol was added to the Unicode standard in version 3.2 and is assigned U+20B1 (₱). Due to the lack of font support, the symbol is often substituted with a simple P, a P with one horizontal line instead of two (available as the peseta sign, U+20A7 (₧), in some fonts), PHP, or PhP. Image File history File links PhilippinePeso. ... Unicode is an industry standard designed to allow text and symbols from all of the writing systems of the world to be consistently represented and manipulated by computers. ...

The coins are minted at the Security Plant Complex. Banknotes, passports, seaman's identification record books, land titles, checks, official ballots, official election returns, passbooks, postal money orders, revenue stamps, government bonds and other government documents are printed in the Security Plant Complex or the National Printing Office. The Central Bank is depicted on the 100-peso bill. ... A typical green Philippine passport issued since May 1, 1995 A typical brown Philippine passport issued before May 1, 1995 A Philippine passport is a travel document issued to citizens of the Philippines. ... A typical green Philippine passport issued since May 1, 1995 A typical brown Philippine passport issued before May 1, 1995 A Philippine passport is a travel document issued to citizens of the Philippines. ... This article or section is incomplete and may require expansion and/or cleanup. ... The word check has these meanings: In finance, a check is an order for transfer of money. ... For the town in France, see Ballots, Mayenne. ... A passbook, in finance, is a paper book used to record bank transactions on a savings account. ... A money order is a payment order for a pre-specified amount of money. ... An 1862 US 3-cent stamp used for proprietary articles A revenue stamp, tax stamp or fiscal stamp is a type of adhesive label used to collect taxes or fees on various items. ... A government bond is a bond issued by a national government denominated in the countrys own currency. ... The Central Bank is depicted on the 100-peso bill. ... The Office of the Press Secretary (OPS) is the agency of the Government of the Republic of the Philippines, which is responsible for planning, programming, and coordinating the activities that will most effectively collect information about what is happening in the Executive branch of the government and getting that information...

History

The Philippine peso derives from the Spanish silver coin Real de a Ocho or Spanish dollar, in wide circulation in the Americas and Asia during the 17th and 18th centuries, through its use in the Spanish colonies and even in the US and Canada. The Spanish dollar or peso (literally, weight) is a silver coin that was minted in the Spanish Empire after a Spanish currency reform in 1497. ...

Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ...

Peso fuerte

The Philippine peso was established on May 1, 1852, when the Banco Español-Filipino de Isabel 2^a (now the Bank of the Philippine Islands) introduced notes denominated in pesos fuertes (strong pesos, written PF). Until October 17, 1854, when a royal decree confirmed Banco Español-Filipino's by-laws, the notes were in limited circulation and were usually used for bank transactions. The peso replaced the real at a rate of 8 reales = 1 peso. Until 1886, the peso circulated alongside Mexican coins, some of which were still denominated in reales and escudos (worth 2 pesos). is the 121st day of the year (122nd in leap years) in the Gregorian calendar. ... 1852 was a leap year starting on Thursday (see link for calendar). ... The Bank of the Philippine Islands or BPI (PSE: BPI) is the oldest bank in the Philippines still in operation and is the third-largest bank in the country in terms of assets, third only to Metrobank and second to Banco de Oro-EPCI, Inc. ... is the 290th day of the year (291st in leap years) in the Gregorian calendar. ... 1854 (MDCCCLIV) was a common year starting on Sunday (see link for calendar). ... The real was the currency of the Philippines until 1852. ...

Coin production commenced in 1861 and, in 1864, the Philippines decimalized, dividing the peso into 100 centimos. The peso was equal to 22⁶⁄₇ grains of gold. In 1886, Philippine colonial authorities started the gradual phase-out of all Mexican coins in circulation in the Philippines, citing that Mexican coins were by then of lesser value than the coins minted in Manila.

Revolutionary Period

Asserting its independence after the Philippine Declaration of Independence on June 12, 1898, the República Filipina (Philippine Republic) under General Emilio Aguinaldo issued its own coins and paper currency backed by the country’s natural resources. The coins were the first to use the name centavo for the subdivision of the peso. After Aguinaldo's capture by American forces in Palanan, Isabela on March 23, 1901, the revolutionary peso ceased to exist. The Philippine Declaration of Independence occurred on June 12, 1898 in the Philippines where Filipino revolutionary forces under General Emilio Aguinaldo (later to become the Philippines first Republican President) proclaimed the sovereignty and independence of the Philippine Islands from the colonial rule of Spain after the latter was defeated at... is the 163rd day of the year (164th in leap years) in the Gregorian calendar. ... Year 1898 (MDCCCXCVIII) was a common year starting on Saturday (link will display the full calendar) of the Gregorian calendar (or a common year starting on Monday of the 12-day-slower Julian calendar). ... Emilio Aguinaldo y Famy (March 22, 1869 â€“ February 6, 1964) was a Filipino general, politician, and independence leader. ... Palanan is a remote 3rd class municipality in the province of Isabela, Philippines. ... is the 82nd day of the year (83rd in leap years) in the Gregorian calendar. ... 1901 (MCMI) was a common year starting on Tuesday (link will display calendar) of the Gregorian calendar (or a common year starting on Wednesday of the 13-day-slower Julian calendar). ...

American Colonial Period

After the United States took control of the Philippines, the United States Congress passed the Philippine Coinage Act (March 3, 1903), which fixed the weight and fineness of Philippine coins. The peso was defined as being equal to exactly half the gold content of the U.S. dollar. The peso was confirmed as being subdivided into 100 centavos. Type Bicameral Houses Senate House of Representatives President of the Senate President pro tempore Dick Cheney, (R) since January 20, 2001 Robert C. Byrd, (D) since January 4, 2007 Speaker of the House Nancy Pelosi, (D) since January 4, 2007 Members 535 plus 4 Delegates and 1 Resident Commissioner Political... is the 62nd day of the year (63rd in leap years) in the Gregorian calendar. ... 1900 (MCMIII) was a common year starting on Thursday (link will display calendar) of the Gregorian calendar or a common year starting on Friday of the 13-day slower Julian calendar. ... The United States dollar is the official currency of the United States. ...

Second World War

In 1942, the Japanese occupiers introduced notes for use in the Philippines. Emergency circulating notes (also termed "guerrilla pesos") were also issued by banks and local governments, using crude inks and materials, which were redeemable in silver pesos after the end of the war. The Japanese-sponsored Second Philippine Republic under Jose P. Laurel outlawed possession of guerrilla currency and declared a monopoly on the issuance of money and anyone found to possess guerrilla notes could be arrested. Because of the fiat nature of the currency, the Philippine economy felt the effects of hyperinflation. Emergency Circulating Notes were currency printed by the Philippine Commonwealth Government in exile during World War II. These guerilla pesos were printed by local government units and banks using crude inks and materials. ... Flag Anthem: Himno Nacional Filipino Location of the Philippines in Asia Capital Manila Baguio Tokyo, Japan Language(s) Japanese/Nihonggo (official), Filipino Government Unitary Republic President - 1943-1945 Jose P. Laurel Historical era World War II - Establishment October 14 1943 - Disestablishment August 17 1945 Area - 1945 300,000 km2 115... PRESIDENT OF THE PHILIPPINES Jose P. Laurel José Paciano Laurel y García (March 9, 1891 - November 6, 1959) was the president of the Japanese-sponsored Republic of the Philippines from 1943 to 1945. ... A monopoly (from the Greek language monos, one + polein, to sell) is defined as a persistent market situation where there is only one provider of a product or service, in other words a firm that has no competitors in its industry. ... Certain figures in this article use scientific notation for readability. ...

U.S. forces continued printing Philippine pesos, so that, from October 1944, all earlier issues except for the emergency guerrilla notes were considered illegal and were no longer legal tender.

Independence

Republic Act No. 265 created the Central Bank of the Philippines (CBP, now the Bangko Sentral ng Pilipinas) on January 3, 1949, in which was vested the power of administering the banking & credit system of the country. Under the act, all powers in the printing and mintage of Philippine currency was vested in the CBP, taking away the rights of the banks such as Bank of the Philippine Islands and the Philippine National Bank to issue currency. Republic Acts are laws in the Philippines, created by the Congress and signed by the president. ... The Central Bank is depicted on the 100-peso bill. ... January 3 is the 3rd day of the year in the Gregorian calendar. ... 1949 (MCMXLIX) was a common year starting on Saturday (the link is to a full 1949 calendar). ...

In 1967, the language used on all coins and banknotes was changed to Filipino. As a consequence, the names of the units of currency changed from centavo and peso to sentimo and piso. However, the names peso and centavo have continued to be used in English.

In a repeat of Japanese wartime monetary policy, the government defaulted on its promises to redeem its banknotes in silver or gold coin while promising to maintain the two-to-one peso to dollar parity. This decision, compounded with the deliberate overprinting of fiat banknotes, resulted in the peso dropping in value by almost 300% against the US dollar within the first three hours of opening day. The government effort to maintain the peg devastated the gold, silver and dollar reserves of the country.

By 1964, the bullion value of the old silver pesos was worth almost twelve times their face value and were being hoarded by Filipinos rather than being surrendered to the government at face value. In desperation, then-President Diosdado Macapagal demonetized the old silver coins and floated the currency. The peso has been a floating currency ever since, which means that the currency is a physical representation of the domestic debt and whose value directly tied to people's perception of the stability of the current regime and its ability to repay the debt. For the airport, see Diosdado Macapagal International Airport Diosdado Pangan Macapagal (September 28, 1910 â€“ April 21, 1997) was a Filipino politician who served as the 9th President of the Philippines. ... A floating currency is a currency that uses a floating exchange rate as its exchange rate regime. ...

From the opening of the Bangko Sentral ng Pilipinas in 1949, successive governments have continued to devalue the currency in order to lower the accumulated domestic debt in real terms, which in December 2005 reached PHP 4.02 trillion. Many Filipinos perceive the peso's value in relation to the US dollar and tend to blame whatever regime is in power for the worsening exchange rate.

Compared to the price of gold, the Philippine peso has now lost 99.998% of its original 1903-1949 value. The amount of an old gold one peso coin would be (per definition 12.9 grains of pure gold), would now cost P876 on the international commodities markets. As of October 2005, the Philippine money supply (M1) totalled about 569.2 billion peso (about US$11.5 billion). Chicago Board of Trade Commodity market Commodity markets are markets where raw or primary products are exchanged. ... This article or section does not cite any references or sources. ...

Coins

In 1861, gold coins were issued for 1, 2 and 4 pesos. These were equal in gold content to the earlier Spanish coins of ½, 1 and 2 escudos. Silver coins were minted from 1864 in denominations of 10, 20 and 50 centimos, with silver 1 peso coins issued in 1897. During the Revolutionary period, coins were issued in copper for 1 and 2 centavos and 2 centimos de peso. A 1-piso coin, depicting Jose Rizal. ...

In 1903, a new coinage was introduced. It consisted of bronze ½ and 1 centavo, cupro-nickel 5 centavos and silver 10, 20 and 50 centavos and 1 peso. The silver coins were weight related to the peso which was minted in .900 fineness and contained 374.4 grains of silver. U.S. gold coins and ½ and 1 peso coins were legal tender for any amount, with 10 and 20 centavos coins being legal tender up to 20 pesos and smaller coins up to 2 pesos. The sizes and finenesses of the silver coins were reduced in 1907, with the peso now a 20 gram coin minted in .750 silver. Production of the 1 peso coin ceased in 1912 and that of the 50 centavos in 1921.

The American Government deemed it more economical and convenient to mint silver coins in the Philippines, hence, the re-opening of the Manila Mint in 1920, which produced coins until the Commonwealth period.

In 1937, coin designs were changed to reflect the establishment of the Commonwealth. No coins were minted in the years 1942 and 1943 due to the Japanese occupation, but minting resumed in 1944, including production of 50 centavos coins. Due to the large number of coins issued between 1944 and 1947, coins were not minted again until 1958.

In 1958, a new, entirely base metal coinage was introduced, consisting of bronze 1 centavo, brass 5 centavos and nickel-brass 10, 25 and 50 centavos. In 1967, the coinage was altered to reflect the use of Filipino names for the currency units. This was the "Ang Bagong Lipunan" series. Aluminium replaced bronze and cupro-nickel replaced nickel-brass that year. 1 piso coins were introduced in 1972, followed by 5 piso in 1975. The Flora and Fauna series was introduced in 1983 which included 2 piso coins. The sizes of the coins were reduced in 1991, with production of 50 sentimo and 2 piso coins ceasing in 1994. The current series of coins was introduced in 1995, with 10 piso coins added in 2000.

Banknotes

In 1852, the Banco Español-Filipino de Isabel 2^a issued notes for 10, 25 and 50 pesos fuertes. In 1896, the bank added 5 pesos fuertes notes. The treasury issued notes for 1, 4 and 25 pesos fuertes in 1877. Banknotes of the Philippine peso and piso are issued by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) for circulation in the Philippines. ...

During the Spanish-American and Philippine-American wars, 1 and 5 pesos notes were issued in the name of the República Filipina. Combatants United States Republic of Cuba Philippine Republic Spain Commanders Nelson A. Miles William R. Shafter George Dewey MÃ¡ximo GÃ³mez Emilio Aguinaldo Patricio Montojo Pascual Cervera Arsenio Linares General RamÃ³n Blanco Casualties 3,289 U.S. dead (432 from combat); considerably higher although undetermined Cuban and Filipino... Combatants United States Philippines Commanders William McKinley Theodore Roosevelt Emilio Aguinaldo Strength 126,000 soldiers 80,000 soldiers Casualties 4,324 U.S. soldiers dead, 3,000 wounded 2,000 killed, dead, or wounded suffered by the Philippine Constabulary 16,000 soldiers killed est. ...

Between 1903 and 1918, silver certificates were issued, in denominations of 2, 5, 10, 20, 50, 100 and 500 pesos. These were replaced with Treasury Certificates, issued between 1918 and 1941 in denominations of 1, 2, 5, 10, 20, 50, 100 and 500 pesos.

In 1904, the Banco Español-Filipino introduced notes in denominations of 5, 10, 25, 50, 100 and 200 pesos. In 1912, this bank changed its name to the Bank of the Philippine Islands (BPI), continuing to issue notes until 1933. The Philippine National Bank (PNB) issued notes in 1916 in denominations of 2, 5 and 10 pesos, with emergency notes issued in 1917 for 10, 20 and 50 centavos, 1, 5, 10 and 20 pesos. Between 1918 and 1937, the PNB issued notes in denominations of 1, 2, 5, 10, 20, 50 and 100 pesos. These notes were in circulation until 1947.

The Japanese issued two series of notes. The first was issued in 1942 in denominations of 1, 5, 10 and 50 centavos, 1, 5 and 10 pesos. The second, from 1943, was in denominations of 1, 5, 10, 100, 500 and 1000 pesos.

In 1944, Treasury Certificates, featuring the word "Victory" printed on the reverse, were issued to replace all the earlier notes. These were in denominations of 1, 2, 5, 10, 20, 50, 100 and 500 pesos.

In 1949, the Central Bank of the Philippines (CBP) took over paper money issue. Its first notes were overprints on the Victory Treasury Certificates. These were followed in 1951 by regular issues in denominations of 5, 10, 20 and 50 centavos, 1, 2, 5, 10, 20, 50, 100, 200 and 500 pesos.

In 1967, the CBP adopted the Filipino language on its notes, using the name Bangko Sentral ng Pilipinas, and introduced a new series of notes in denominations of 1, 5, 10, 20, 50 and 100 piso. The "Ang Bagong Lipunan" series was introduced in 1973 and included 2 piso notes. A further design change occurred in 1985, with 500 piso notes introduced in 1987, 1000 peso in 1991 and 2000 piso in 1998.

File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ...

Fraud problem with 1-piso coin

By August 2006 it became publicly known that the 1-piso coin has the same size as 1 United Arab Emirates dirham.^[1] But 1 peso is only worth 7 fils (0.07 dirham), leading to dispensing machine fraud in the U.A.E.. August 2006 is the eighth month of that year, and has yet to occur. ... ISO 4217 Code AED User(s) United Arab Emirates Inflation 4. ...

See also

References

For the Manfred Mann album, see 2006 (album). ... is the 213th day of the year (214th in leap years) in the Gregorian calendar. ... For the Manfred Mann album, see 2006 (album). ... October 4 is the 277th day of the year (278th in leap years) in the Gregorian calendar. ...

External links

Categories: Currency signs | Peso | Currencies of Asia | Circulating currencies | Currencies of the Americas | Economy of the Philippines Image File history File links No higher resolution available. ... A 1-piso coin, depicting Jose Rizal. ... Banknotes of the Philippine peso and piso are issued by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) for circulation in the Philippines. ... Look up fiat in Wiktionary, the free dictionary. ... Emergency Circulating Notes were currency printed by the Philippine Commonwealth Government in exile during World War II. These guerilla pesos were printed by local government units and banks using crude inks and materials. ... The peso is a unit of currency. ... The Argentine peso (originally established as the nuevo peso argentino or peso convertible) is the currency of Argentina. ... Chilean notes currently in circulation: 1,000; 2,000; 5,000; 10,000; 20,000 pesos The peso is the currency of Chile. ... ISO 4217 Code COP User(s) Colombia Inflation 4. ... The Cuban convertible peso (ISO 4217 code: CUC) is one of two official currencies in Cuba. ... ISO 4217 Code CUP User(s) Cuba Inflation 5% Source The World Factbook, 2006 est. ... ISO 4217 Code DOP User(s) Dominican Republic Inflation 8. ... The pataca is the monetary unit of Macau (currency code MOP; Chinese: æ¾³é–€åœ“), made up of 100 avos. ... ISO 4217 Code MXN User(s) Mexico Inflation 3. ... The peso uruguayo (ISO 4217 code: UYU) is the official currency of Uruguay. ... The peso argentino was the currency of Argentina between June 6, 1983 and June 14, 1985. ... The peso ley was the currency of Argentina between January 1, 1970 and May 5, 1983. ... The peso moneda corriente was an inconvertible Argentine currency between 1826-01-09 and 1881-11-04. ... The peso moneda nacional was the currency of Argentina between November 5, 1881 and December 31, 1969. ... The peso was the currency of Bolivia until 1987. ... The peseta was a unit of currency in Catalonia until 1850, when the whole of Spain decimalized. ... The peso was the currency of Costa Rica between 1850 and 1896. ... The peso was the currency of Ecuador between 1871 and 1884. ... The peseta (peseta guineana) was the currency of Equatorial Guinea from 1969 to 1975. ... The peso was the currency of Guatemala between 1859 and 1925. ... The peso was the currency of Guinea Bissau from 1975 to 1997 and was divided into 100 centavos. ... ... Look up fiat in Wiktionary, the free dictionary. ... The peso was the currency of Nicaragua between 1878 and 1912. ... The peso was the currency of Paraguay until 1944. ... The peseta was a shortlived denomination issued by Peru in 1880 and 1881. ... The pataca was the currency of Portuguese Timor between 1894 and 1959, except for the period 1942-1945, when the occupying Japanese introduced the Netherlands Indies gulden and roepiah. ... The peso was a currency issued in Puerto Rico between 1812 and 1819 and again between 1889 and 1897. ... The peso was the currency of El Salvador between 1877 and 1919. ... The Spanish dollar or peso (literally, weight) is a silver coin that was minted in the Spanish Empire after a Spanish currency reform in 1497. ... ISO 4217 Code ESP User(s) Spain, Andorra Inflation 1. ... The peso was the currency of Venezuela between 1843 and 1874. ... This article or section does not cite any references or sources. ... The pataca of Malta was a large copper coin minted during the 16th century and 17th century as fiduciary coin. ... World map showing the location of Asia. ... The afghani is the official currency used in Afghanistan. ... ISO 4217 Code KZT User(s) Kazakhstan Inflation 8. ... Five Kyrgyzstani Som Note (1997) 100 Kyrgystani Som Notes (2002) The Kyrgyzstani Som (sometimes transliterated Sum or Soum) is the currency of the Republic of Kyrgyzstan in Central Asia. ... ISO 4217 Code MNT User(s) Mongolia Inflation 9. ... ISO 4217 Code RUB User(s) Russia and self-proclaimed Abkhazia and South Ossetia Inflation 7% Source Rosstat, 2007 Subunit 1/100 kopek (ÐºÐ¾Ð¿ÐµÐ¹ÐºÐ°) Symbol Ñ€ÑƒÐ± kopek (ÐºÐ¾Ð¿ÐµÐ¹ÐºÐ°) Ðº Plural The language(s) of this currency is of the Slavic languages. ... The Somoni (Tajik: ) is the currency of Tajikistan. ... The manat is the currency unit of Turkmenistan. ... The som (soâ€˜m in Uzbek) is the currency of Uzbekistan in Central Asia. ... ISO 4217 Code CNY User(s) Mainland of the Peoples Republic of China Inflation 1. ... ISO 4217 Code HKD User(s) Hong Kong Inflation 2. ... ISO 4217 Code JPY User(s) Japan Inflation -0. ... The pataca is the monetary unit of Macau (currency code MOP; Chinese: æ¾³é–€åœ“), made up of 100 avos. ... 5000 KPW issued in 2002 The won is the currency of North Korea. ... ISO 4217 Code TWD User(s) Republic of China Inflation 0. ... ISO 4217 Code KRW User(s) Republic of Korea Inflation 2. ... ISO 4217 Code BND User(s) Brunei, Singapore Inflation 0. ... Riel (Khmer: , Symbol ) is the national currency of Cambodia. ... ISO 4217 Code IDR User(s) Indonesia Inflation 6. ... Kip is the currency of Laos. ... ISO 4217 Code MYR User(s) Malaysia Inflation 2. ... The kyat (ISO 4217 code MMK) is the official currency of Myanmar. ... ISO 4217 Code SGD User(s) Singapore, Brunei Inflation 1% Source The World Factbook, 2006 est. ... ISO 4217 Code THB User(s) Thailand Inflation 4. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... ISO 4217 Code VND User(s) Vietnam Inflation 7. ... ISO 4217 Code BDT User(s) Bangladesh Inflation 7% Source The World Factbook, 2005 est. ... The ngultrum (BTN) is the currency of Bhutan, subdivided into 100 chertrums. ... ISO 4217 Code INR User(s) India Inflation 5. ... ISO 4217 Code MVR User(s) Maldives Inflation 6% Source The World Factbook, 2005 est. ... ISO 4217 code: NPR Symbol: â‚¨ 1/100th unit: paisa Introduced in: 1932 Exchange Rates May 2006 USD exchange: 73. ... The Pakistani rupee (PKR) is the currency of Pakistan. ... ISO 4217 Code LKR User(s) Sri Lanka Inflation rate 11. ... ISO 4217 Code AMD User(s) Armenia and the self proclaimed Nagorno Karabakh Republic Inflation -0. ... ISO 4217 Code AZN User(s) Azerbaijan except Nagorno-Karabakh Inflation 11. ... ISO 4217 Code BHD User(s) Bahrain Inflation 2. ... ISO 4217 Code CYP User(s) Cyprus (except in the self-proclaimed Turkish Republic of Northern Cyprus), Akrotiri and Dhekelia Inflation 2. ... ISO 4217 Code EGP User(s) Egypt Inflation 4. ... Georgian 1 lari Georgian 2 lari Georgian 5 lari Georgian 10 lari Georgian 50 lari Georgian 100 lari The lari (Georgian: áƒšáƒáƒ áƒ˜ ; ISO 4217:GEL) is the national currency of Georgia. ... ISO 4217 Code IRR User(s) Iran Inflation 15. ... ISO 4217 Code IQD User(s) Iraq Inflation rate 33% Source The World Factbook, 2005 est. ... ISO 4217 Code ILS User(s) Israel, Palestinian Authority Inflation 1. ... The Jordanian dinar (ISO 4217 code JOD) is the official currency of the Hashemite Kingdom of Jordan and the first official one in the State of Palestine. ... ISO 4217 Code KWD User(s) Kuwait Inflation 3. ... ISO 4217 Code LBP User(s) Lebanon Inflation 4. ... ISO 4217 Code OMR User(s) Oman Inflation 1. ... ISO 4217 Code QAR User(s) Qatar Inflation 7. ... ISO 4217 Code SAR User(s) Saudi Arabia Inflation 1. ... ISO 4217 Code SYP User(s) Syria Subunit 1/100 piastre Symbol SÂ£ [] Coins 1, 2, 5, 10, 25 pounds Banknotes 1, 5, 10, 25, 50, 100, 200, 500, 1000 pounds Central bank Central Bank of Syria Website www. ... TRY banknotes and coins The Turkish new lira is the current currency of Turkey and of the de facto state Turkish Republic of Northern Cyprus. ... ISO 4217 Code AED User(s) United Arab Emirates Inflation 4. ... 1000 Yemeni Rial The rial or riyal is the currency of Yemen. ...

Contents

History GA_googleFillSlot("encyclopedia_square");