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History Of Philippine Money
The history of Philippine money covers currency in use before the Hispanic era with gold Piloncitos and other commodities in circulation, as well as the adoption of the peso during the Hispanic era and afterwards. The Philippine peso is ultimately derived from the Spanish peso or pieces of eight brought over in large quantities by the Manila galleons of the 16th to 19th centuries. From the same Spanish peso or dollar is derived the various pesos of Latin America, the dollars of the US and Hong Kong, as well as the Chinese yuan and the Japanese yen. History Long before the Spaniards came to the Philippines in 1521, the Filipinos had established trade relations with neighboring lands like China, Java, Borneo, Thailand and other settlements. Barter was a system of trading commonly practiced throughout the world and adopted by the Philippines. The inconvenience of the barter system led to the adoption of a specific medium of exchange – the cowry shells. Cowries produced in gold, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Peso
The Philippine peso, also referred to by its Tagalog name ''piso'' (Philippine English: , , plural pesos; tl, piso ; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 ''sentimo'', also called centavos. The Philippine peso sign is denoted by the symbol "₱", introduced under American rule in place of the original peso sign "$" used throughout Spanish America. Alternative symbols used are "PHP", "PhP", "Php", or just "P". The monetary policy of the Philippines is conducted by the Bangko Sentral ng Pilipinas (BSP), established on July 3, 1993, as its central bank. It produces the country's banknotes and coins at its Security Plant Complex, which is set to move to New Clark City in Capas, Tarlac."Overview of the BSP" Bangko Sentral ng Pilipinas (BSP) Official Website. Retrieved on October 1, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bataan
Bataan (), officially the Province of Bataan ( fil, Lalawigan ng Bataan ), is a province in the Central Luzon region of the Philippines. Its capital is the city of Balanga while Mariveles is the largest town in the province. Occupying the entire Bataan Peninsula on Luzon, Bataan is bordered by the provinces of Zambales and Pampanga to the north. The peninsula faces the South China Sea to the west and Subic Bay to the north-west, and encloses Manila Bay to the east. The Battle of Bataan is known in history as one of the last stands of American and Filipino soldiers before they were overwhelmed by the Japanese forces in World War II. The Bataan Death March was named after the province, where the infamous march started. History Classical Period The first inhabitants of the Bataan peninsula are the Ayta Magbeken people, who are one of the first Negrito ancestors of present-day Filipinos. Later on, Tagalog communities from southern Luzon migrated to parts of Bataan and the Ayta Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Doubloon
The doubloon (from Spanish ''doblón'', or "double", i.e. ''double escudo'') was a two-''escudo'' gold coin worth approximately $4 (four Spanish dollars) or 32 '' reales'', and weighing 6.766 grams (0.218 troy ounce) of 22-karat gold (or 0.917 fine; hence 6.2 g fine gold).Pre-1728 weight standard 27.468/4 = 6.867 g mentioned here is not confirmed in several sources. https://coins.nd.edu/ColCoin/ColCoinIntros/Sp-Gold.intro.html Doubloons were minted in Spain and the viceroyalties of New Spain, Peru, and Nueva Granada (modern-day Colombia, Ecuador, Panama, and Venezuela). As the Spanish escudo succeeded the heavier gold ''excelente'' (or ''ducado'', ducat; 3.1 g vs 3.48 g fine gold) as the standard Spanish gold coin, the doubloon therefore succeeded the ''doble excelente'' or double-ducat denomination. In modern times, the doubloon is remembered due in large part to the influence of historical fiction about piracy. History Spanish American gold coins were minted in one-half, one, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philip V Coin Silver, 8 Reales Mexico
Philip, also Phillip, is a male given name, derived from the Greek (''Philippos'', lit. "horse-loving" or "fond of horses"), from a compound of (''philos'', "dear", "loved", "loving") and (''hippos'', "horse"). Prominent Philips who popularized the name include kings of Macedonia and one of the apostles of early Christianity. ''Philip'' has many alternative spellings. One derivation often used as a surname is Phillips. It was also found during ancient Greek times with two Ps as Philippides and Philippos. It has many diminutive (or even hypocoristic) forms including Phil, Philly, Lip, Pip, Pep or Peps. There are also feminine forms such as Philippine and Philippa. Antiquity Kings of Macedon * Philip I of Macedon * Philip II of Macedon, father of Alexander the Great * Philip III of Macedon, half-brother of Alexander the Great * Philip IV of Macedon * Philip V of Macedon New Testament * Philip the Apostle * Philip the Evangelist Others * Philippus of Croton (c. 6th centu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ingot
An ingot is a piece of relatively pure material, usually metal, that is cast into a shape suitable for further processing. In steelmaking, it is the first step among semi-finished casting products. Ingots usually require a second procedure of shaping, such as cold/hot working, cutting, or milling to produce a useful final product. Non-metallic and semiconductor materials prepared in bulk form may also be referred to as ingots, particularly when cast by mold based methods. Precious metal ingots can be used as currency (with or without being processed into other shapes), or as a currency reserve, as with gold bars. Types Ingots are generally made of metal, either pure or alloy, heated past its melting point and cast into a bar or block using a mold chill method. A special case are polycrystalline or single crystal ingots made by pulling from a molten melt. Single crystal Single crystal ingots (called boules) of materials are grown (crystal growth) using methods such as the Czo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barter Rings
Barter rings ( Tagalog: ''panika'') are ring-shaped gold ingots used as currency in the Philippines until the 16th century. These barter rings are bigger than a doughnut in size and are made of nearly pure gold. Description The early Filipinos traded ''piloncitos'' along with barter rings. Barter rings varies in thickness with a dual purpose: round hollow circlets of gold used as earrings or anklets by ''kadatuan'' and high-ranking nobility, aside for money. They are also very similar to the first coins invented in the Kingdom of Lydia in present-day Turkey. Barter rings were circulated in the Philippines up to the 16th century. As the discovery of gold deposits were seen by the locals, the precious metal was mined and worked in the Philippines, evidenced by many Spanish accounts like one in 1586 that stated: See also * ''Piloncitos'' and Siamese '' photduang'' * History of Philippine money * Philippine peso, the currency of the modern Philippines. * Philippine real * List o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Piloncitos Ang Gold Rings
Piloncitos (also known as bulawan, and as "granitos de oro" in very early records) are small "bead-like" pieces of gold which were used as currency during the Philippines' Archaic period and in the earliest years of the country's Spanish colonial period. These gold pieces have been excavated from sites throughout the Philippine archipelago: Mandaluyong, Bataan, the banks of the Pasig River, Batangas, and Marinduque in Luzon; Samar and Leyte in the Visayas; and in some areas in Mindanao. The term "Piloncitos" is a contemporary word, used by modern day antique collectors, who thought that the cone-shaped pieces looked like a pilon of sugar. Early historical descriptions of the term include the spanish "granitas de oro" (small grains of gold), or simply by whatever local language terms were used to mean "gold" in those times, such as "bulawan." Piloncitos are presumably an offshoot of silver coinage and may have evolved into the bullet or pod duang coinage of Sukhothai in Thailand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luzon
Luzon (; ) is the largest and most populous island in the Philippines. Located in the northern portion of the Philippines archipelago, it is the economic and political center of the nation, being home to the country's capital city, Manila, as well as Quezon City, the country's most populous city. With a population of 64 million , it contains 52.5% of the country's total population and is the fourth most populous island in the world. It is the 15th largest island in the world by land area. ''Luzon'' may also refer to one of the three primary island groups in the country. In this usage, it includes the Luzon mainland, the Batanes and Babuyan groups of islands to the north, Polillo Islands to the east, and the outlying islands of Catanduanes, Marinduque and Mindoro, among others, to the south. The islands of Masbate, Palawan and Romblon are also included, although these three are sometimes grouped with another of the island groups, the Visayas. Etymology The name ''Luz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, and India ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mindanao
Mindanao ( ) ( Jawi: مينداناو) is the second-largest island in the Philippines, after Luzon, and seventh-most populous island in the world. Located in the southern region of the archipelago, the island is part of an island group of the same name that also includes its adjacent islands, notably the Sulu Archipelago. According to the 2020 census, Mindanao has a population of 26,252,442 people, while the entire island group has an estimated population of 27,021,036 according to the 2021 census. Mindanao is divided into six administrative regions: the Zamboanga Peninsula, Northern Mindanao, the Caraga region, the Davao region, Soccsksargen, and the autonomous region of Bangsamoro. According to the 2020 census, Davao City is the most populous city on the island, with 1,776,949 people, followed by Zamboanga City (pop. 977,234), Cagayan de Oro (pop. 728,402), General Santos (pop. 697,315), Butuan (pop. 372,910), Iligan (pop. 363,115) and Cotabato City (pop. 325,079). ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leyte
Leyte ( ) is an island in the Visayas group of islands in the Philippines. It is eighth-largest and sixth-most populous island in the Philippines, with a total population of 2,626,970 as of 2020 census. Since the accessibility of land has been depleted, Leyte has provided countless number of migrants to Mindanao. Most inhabitants are farmers. Fishing is a supplementary activity. Rice and corn (maize) are the main food crops; cash crops include coconuts, abaca, tobacco, bananas, and sugarcane. There are some manganese deposits, and sandstone and limestone are quarried in the northwest. Politically, the island is divided into two provinces: (Northern) Leyte and Southern Leyte. Territorially, Southern Leyte includes the island of Panaon to its south. To the north of Leyte is the island province of Biliran, a former sub-province of Leyte. The major cities of Leyte are Tacloban, on the eastern shore at the northwest corner of Leyte Gulf, and Ormoc, on the west coast. Leyte to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Samar
Samar ( ) is the third-largest and seventh-most populous island in the Philippines, with a total population of 1,909,537 as of the 2020 census. It is located in the eastern Visayas, which are in the central Philippines. The island is divided into three provinces: Samar (formerly Western Samar), Northern Samar, and Eastern Samar. These three provinces, along with the provinces on the nearby islands of Leyte and Biliran, are part of the Eastern Visayas region. About a third of the island of Samar is protected as a natural park, known as the Samar Island Natural Park. On June 19, 1965, through Republic Act No. 4221, Samar was divided into three provinces: Northern Samar, (Western) Samar and Eastern Samar. The capitals of these provinces are, respectively, Catarman, Catbalogan City, and Borongan City. In commemoration of the establishment of these provinces, June 19 is celebrated as an annual holiday and many have the day off from work. Geography Samar is the third-largest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
