Philippine Peso Fuerte
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Philippine Peso Fuerte
The Philippine peso fuerte (Spanish "Strong Peso" sign: PF) was the first paper currency of the Philippines and the Spanish East Indies during the later Spanish colonial period. It co-circulated with other Spanish silver and gold coins and was issued by El Banco Español Filipino de Isabel II (currently Bank of the Philippine Islands). The banknotes were convertible to either silver pesos or gold coins at the bank's discretion. The colonial government at the time allowed El Banco Español-Filipino to issue pesos fuertes up to one-fourths of its subscribed capital, or a maximum of PF 100,000, which was subsequently raised to 300,000 in 1855. El Banco Español-Filipino began issuing peso fuerte notes on May 1, 1852. As of the end of the 19th century its circulating volume of 1,800,000 pesos was small relative to about 40,000,000 silver pesos in circulation. See History of Philippine money. The currency was replaced by the modern peso in 1903. In the beginning of the 20th century an ...
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Currency Sign
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by the monetary authority, like the national central bank for the currency concerned. In formatting, the symbol can use various formattings: before, between or after the numeric amounts: , and , for example; this positioning is determined by national convention. The symbol is not defined or listed by ISO 4217: that only assigns three-letter codes to currencies (like for Azerbaijani manat) and special cases like gold and silver ( and respectively) that are used as financial instruments. Usage When writing currency amounts, the location of the symbol varies by language. Many currencies in English-speaking countries and Latin America (except Haiti) place it before the amount (e.g., R$50,00). The Cape Verdean escudo (like the Portuguese escudo, to which it was formerly pegged) places its symbol in the decimal separator position (e.g. 20$00). Banco de Cabo Verde.Moedas." ...
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Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ...
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Spanish East Indies
The Spanish East Indies ( es , Indias orientales españolas ; fil, Silangang Indiyas ng Espanya) were the overseas territories of the Spanish Empire in Asia-Pacific, Asia and Oceania from 1565 to 1898, governed for the Spanish Crown from Mexico City and Madrid through the captaincy general which ruled Manila. The Monarchy of Spain, King of Spain traditionally styled himself "King of the East and West Indies (in Spanish language, Spanish: ''Rey de las Indias orientales y occidentales)''". From 1565 to 1821 these territories, together with the Spanish West Indies, were administered through the New Spain, Viceroyalty of New Spain based in Mexico City. After independence of the Declaration of Independence of the Mexican Empire, Mexican Empire, they were ruled directly from Madrid. The territories ruled included present-day Philippines, Guam and the Mariana Islands, as well as Palau, part of Micronesia and for a brief period Spanish Formosa, Northern Taiwan and parts of North Sulawesi ...
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History Of The Philippines (1565-1898)
Earliest hominin activity in the Philippine archipelago is dated back to at least 709,000 years ago. ''Homo luzonensis'', a species of archaic humans, was present on the island of Luzon at least 67,000 years ago. The earliest known anatomically modern human was from Tabon Caves in Palawan dating about 47,000 years. Negrito groups were the first inhabitants to settle in the prehistoric Philippines. By around 3000 BC, seafaring Austronesians, who form the majority of the current population, migrated southward from Taiwan. Scholars generally believe that these ethnic and social groups eventually developed into various settlements or polities with varying degrees of economic specialization, social stratification, and political organization. Some of these settlements (mostly those located on major river deltas) achieved such a scale of social complexity that some scholars believe they should be considered early states. This includes the predecessors of modern-day population centers ...
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Bank Of The Philippine Islands
Bank of the Philippine Islands ( fil, Bangko ng Kapuluang Pilipinas, es, Banco de las Islas Filipinas, commonly known as BPI; ) is a universal bank in the Philippines. It is the first bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second largest bank in terms of market capitalization, and one of the most profitable banks in the Philippines. The bank has a network of over 900 branches in the Philippines, Hong Kong and Europe, and more than 3,000 ATMs and CDMs (cash deposit machines). BPI was founded during the Spanish colonial era of the Philippines as El Banco Español Filipino de Isabel II. It provided credit to the National Treasury and printed and issued the Philippine peso fuerte, a precursor to today's Philippine peso. History Colonial period BPI was established on August 1, 1851, as the "El Banco Español Filipino de Isabel II" (), named after the Queen of Spain, Isabella II, the daughter of King Ferdinand ...
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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, ...
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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, ...
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Thomasites
The Thomasites were a group of 600 American teachers who traveled from the United States to the newly occupied territory of the Philippines on the U.S. Army Transport ''Thomas''. The group included 346 men and 180 women, hailing from 43 different states and 193 colleges, universities, and normal schools. The term 'Thomasites' has since expanded to include any teacher who arrived in the first few years of the American colonial period of the Philippines. ''Thomas'' carried nearly 500 Thomasites, who arrived in Manila in August 1901. They represented 192 institutions, including Harvard (19), Yale (15), Cornell (13), University of Chicago (8), University of Michigan (24), University of California (25), Albion College (1), Alma College (2), Kalamazoo College (1), the Michigan State Normal School at Ypsilanti (now Eastern Michigan University) (6), and Olivet College (3). Foundation, purpose and etymology The Thomasites arrived in the Philippines on August 21, 1901, to establish a new ...
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Glorious Revolution (Spain)
The Glorious Revolution ( es, la Gloriosa or ) took place in Spain in 1868, resulting in the deposition of Queen Isabella II. The success of the revolution marked the beginning of the with the installment of a provisional government. Background Leading up to the Glorious Revolution, there had been numerous failed attempts to overthrow the unpopular Queen Isabella, most notably in 1854 and 1861. An 1866 rebellion led by General Juan Prim and a revolt of the sergeants at San Gil barracks, in Madrid, sent a signal to Spanish liberals and republicans that there was serious unrest that could be harnessed if it were properly led. Liberals and republican exiles abroad made agreements at Ostend in 1866 and Brussels in 1867. These agreements laid the framework for a major uprising, this time not merely to replace the Prime Minister with a Liberal, but to overthrow Queen Isabella, whom Spanish liberals and republicans began to see as the source of Spain's difficulties. Her continua ...
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Isabel II Of Spain
Isabella II ( es, Isabel II; 10 October 1830 – 9 April 1904), was Queen of Spain from 29 September 1833 until 30 September 1868. Shortly before her birth, the King Ferdinand VII of Spain issued a Pragmatic Sanction to ensure the succession of his firstborn daughter, due to his lack of a son. She came to the throne a month before her third birthday, but her succession was disputed by her uncle the Infante Carlos (founder of the Carlist movement), whose refusal to recognize a female sovereign led to the Carlist Wars. Under the regency of her mother, Spain transitioned from an absolute monarchy to a constitutional monarchy, adopting the Royal Statute of 1834 and Constitution of 1837. Her effective reign was a period marked by palace intrigues, back-stairs and antechamber influences, barracks conspiracies, and military ''pronunciamientos''. She was deposed in the Glorious Revolution of 1868, and formally abdicated in 1870. Her son, Alfonso XII, became king in 1874. Birth ...
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Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ...
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