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The history of Philippine money spans many eras, from pre-Hispanic gold beads used for trade, to coins introduced by Spanish colonizers like the barilla, to paper currencies issued by the Philippine Republic in the 20th century. Early Filipinos conducted trade through barter and used gold objects like piloncitos as a medium of exchange. During Spanish rule from 1521-1897, the Philippines used a variety of Spanish and Mexican coins. The American period from 1900-1941 established the peso tied to the US dolla

Author

Marius Villanueva

Language

EN