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The Philippines Has A New 5-Peso And 20-Peso Coins

12/17/2019

0 Comments

 
Bangko Sentral ng Pilipinas releases the new 5-peso (piso) coin
and the new 20-peso (piso) coin.​ 

The 5-peso (piso) coin retains the design elements of the round NGC coin,
with Andres Bonifacio, the father of the Katipunan,
on the front side
and the Tayabak plant on the reverse.
It also retains the security features of the round coin,
including the microprints “Republika ng Pilipinas”
and “Bangko Sentral ng Pilipinas.” 

The new 20-peso (piso) coin
retains major elements of the 20-piso banknote.
The coin’s front side features Manuel L. Quezon,
and its reverse side shows the BSP logo and the Malacañan Palace. 

​Read more below:
Source: ​http://www.bsp.gov.ph/publications/media.asp?id=5238&fbclid=IwAR1_-snbFzlsgHwBIVSdsmklZ-giwJxhwFmDyzbfE2hAVCvwwc9YXNHQgQg
It's right and fitting to make 20-peso coins 
because the 20-peso banknote wears easily.
I usually have plenty of 20-peso banknotes 
that are already torn or worn out 
simply because they have been heavily circulated already. 
Thanks to this news, I'm glad they're coins now. 

The new 5-peso coin is the better news. 
It'll replace the current 5-peso coin 
that people mistook for a 1-peso coin 
because they're almost the same size, just slightly bigger. 
And both have same color.
You can't readily tell the difference 
unless you examine closely. 
But now, 
you can easily recognize the new coin 
because it's a nonagon, a polygon with nine sides.

According to BSP, 
the 20-peso banknote is the most-used denomination 
for payments across the country 
based on the study by the University of the Philippines.
So it's expected that a lot of people will dislike 
the new 20-peso coin
because keeping several of them around along with the other coins 
will be heavy in the pocket or wallet. 
Very inconvenient. 

So what do you think? 
If you're in the Philippines, 
​shop at Shop Around Philippines.
0 Comments



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  • Home
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    • Overflowing Rivers >
      • Garbo Sa Lapu-Lapu Festival 2018 Street Parade
      • Cebu Farmers' Day 2018
      • Beautiful Scenery From Cebu City To Ozamis City
      • Christ The King Solemn Procession Of The Blessed Sacrament 2016
      • Cebu Provincial Detention And Rehabilitation Center (CPDRC) Dancing Inmates Danced Again On December 26, 2015
      • Plaza Independencia Cebu City, Philippines
      • Merry Christmas 2015 And A Happy New Year 2016
      • 9th Day Misa De Gallo 2015 Santo Niño Church Cebu, Philippines
      • Long Queue Of Ferryboat Passengers From Mactan, Cebu To Cebu City, Philippines
      • Virgen Dela Regla Opon, Mactan Island, Cebu, Philippines
      • 8th Day Misa De Gallo 2015 Santo Niño Church Cebu, Philippines
      • 7th Day Misa De Gallo 2015 Santo Niño Church Cebu, Philippines
      • 6th Day Misa De Gallo 2015 Santo Niño Church Cebu, Philippines
      • Robinsons Galleria Cebu, Philippines
      • 5th Day Misa De Gallo 2015 Santo Niño Church Cebu, Philippines
      • 4th Day Misa De Gallo 2015 Santo Niño Church Cebu, Philippines
      • 3rd Day Misa De Gallo 2015 Santo Niño Church Cebu, Philippines
      • 2nd Day Misa De Gallo 2015 Santo Niño Church Cebu, Philippines
      • 1st Day Misa De Gallo 2015 Santo Niño Church Cebu, Philippines
      • Feast Of Our Lady Of Guadalupe Cebu 2015
      • NASFOR Off-Road Series Competition Cebu 2015
      • The Feast Of Our Lady Of Guadalupe Cebu 2015 - Evening Procession On December 11, 2015
      • SM Seaside City Cebu, Philippines
      • The Full Moon In The Early Morning
      • Kimchi, Korea's National Dish
      • Window To The Outside World
      • The Sun In All Its Glory
      • Beautiful Early Morning Moon
      • The Clouds Above The Earth
      • Two Parallel Jet Trails
      • Non-electric, Charcoal-heated Iron
      • Tiny People
      • The Morning Star And The Moon
      • Santo Nino Lights
      • The Sun During The Haze In Cebu, Philippines On September 27, 2015
      • The Haze In Cebu, Philippines On October 3, 2015
      • Simala - Monastery Of The Holy Eucharist, Marian Hills, Lindogon, Simala, Sibonga, Cebu, Philippines
      • Soot In Cooking Utensil Is A Star-like Pattern
      • Simala On September 8, 2015 Happy Birthday Mother Mary - The Monastery Of The Holy Eucharist in Marian Hills, Lindogon, Simala, Sibonga, Cebu, Philippines
      • A Hole In The Dark Clouds
      • Cebu City, Philippines - The Queen City
      • Sm Seaside City Cebu - The Biggest Mall In The Philippines
      • Public Market Pet Cat
      • Fire Clouds
      • Catholic Church Partially Burned
      • Port Of Ozamis City, Misamis Occidental
      • Hoyohoy Highland Stone Chapel Park
      • August 7, 2015 Is First Friday Of The Month - First Holy Mass In Santo Nino Church Cebu, Philippines
      • Moon Still Shines Early In The Day
      • Daytime Moon
      • Country Farmlands
      • Hubo Mass Sinulog 2015 Cebu City, Philippines
      • Sinulog Festival Nighttime 2015 Cebu City, Philippines 2015
      • Sinulog Festival 2015 Cebu City, Philippines
      • Solemn Afternoon Procession 2015 Cebu City, Philippines
      • Walk With Mary 2015 Cebu City, Philippines
      • Fuente Osmena Circle Sinulog 2015 Cebu City, Philippines
      • Walk With Jesus 2015 Cebu City, Philippines
      • Fort San Pedro Cebu City, Philippines
      • Plaza Independencia Cebu City, Philippines
      • Misa De Gallo 2014
      • Merry Christmas 2014
      • Sea Pollution
      • Guadalupe Church On The Feast Of Our Lady Of Guadalupe 2014 Cebu City, Philippines
      • Evening Procession On The Feast Of Our Lady Of Guadalupe 2014 Cebu City, Philippines
      • Titing - The World's Smallest Snake
      • Awesome Rainbows
      • Oversized Pancake
      • Swimming Beggars
      • Twisted Earth
      • Windows
      • Beautiful Patterns
      • Ugly But Cute
      • Spectacular Sun
      • Flying Kids
      • Real Ghosts
      • Canal Selfies
      • Amazing Clouds
  • LLAML
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