The Philippine peso,also referred to by its Filipino name piso,is the official currency of the Philippines. It is subdivided into 100 sentimo,also called centavos.
Banknotes of the Philippine peso are issued by the Bangko Sentral ng Pilipinas for circulation in the Philippines. The smallest amount of legal tender in wide circulation is ₱20 and the largest is ₱1000. The front side of each banknote features prominent people along with buildings,and events in the country's history while the reverse side depicts landmarks and animals.
The Bangko Sentral ng Pilipinas is the central bank of the Philippines. It was established on July 3,1993,pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019. The principal author was Senator Franklin Drilon. It was signed by President Rodrigo Duterte.
Rafael Carlos Baltazar Buenaventura was a prominent banker in the Philippines who served as the second Governor of the Bangko Sentral ng Pilipinas;he served under two Philippine presidents during one of the most tumultuous political transitions in the country's history.
The University of the Philippines School of Economics is a degree-granting unit of the University of the Philippines Diliman (U.P.),where it occupies the buildings of the Philippine Center for Economic Development (PCED). The school offers two Bachelor of Science degrees,two master's degrees and the Ph.D. in economics.
Felipe Manguiat Medalla is a Filipino economist who has served as the governor of the Bangko Sentral ng Pilipinas,central monetary authority of the Philippines,and the ex officio chairman of the Anti-Money Laundering Council,the central anti-money laundering/counter-terrorism financing authority of the Philippines under the Marcos administration from 2022 to 2023. He previously served as the 9th Socio-Economic Planning Secretary and Director-General of the National Economic and Development Authority under President Joseph Estrada.
The Philippine twenty-peso note (₱20) is a denomination of Philippine currency. It is the smallest banknote denomination in general circulation in the Philippines. Philippine president Manuel L. Quezon is currently featured on the front side of the note,while the Banaue Rice Terraces and the Asian palm civet is featured on the reverse side.
The Philippine five hundred-peso note (₱500) is a denomination of Philippine currency. Senator Benigno Aquino Jr. and his wife,President Corazon Aquino are currently featured on the front side of the note,while the Puerto Princesa Subterranean River National Park and the blue-naped parrot are featured on the reverse side.
The Philippine one thousand-peso note is a denomination of Philippine currency. It is the largest denomination in general circulation in the Philippines. It is currently the only Philippine peso denomination that has a polymer banknote version.
The Philippine five-peso coin (₱5) is the third-largest denomination of the coins of the Philippine peso.
Jaime del Carmen Laya,better known as Jimmy Laya is a Filipino banker,accountant,and cultural administrator who served as the first Secretary of the Department of Budget and Management of the Republic of the Philippines,serving from 1978 to 1981. He was also the 5th governor of the Central Bank of the Philippines from 1981 to 1984 and later served as the Minister of Education,Culture and Sports from 1984 until 1986. His terms in civil service,covered two significant points in Philippine history,the election that made former President Ferdinand Marcos have his third term and the assassination of the late Senator Benigno S. Aquino Jr. that stimulated the People Power Revolution of 1986.
Amando Maglalang Tetangco Jr. is a Filipino banker,who served as the third Governor of the Bangko Sentral ng Pilipinas (BSP). He was the first BSP governor to serve two terms,having been first appointed to the office by Philippine president Gloria Macapagal Arroyo in July 3,2005,and reappointed in July 31,2011 by President Benigno Aquino III to serve another six-year term.
The Anti-Money Laundering Council (AMLC) is the agency of the Government of the Philippines that is tasked to implement the provisions of Republic Act No. 9160,also known as the “Anti-Money Laundering Act of 2001”(AMLA),as amended,and Republic Act No. 10168,also known as the “Terrorism Financing Prevention and Suppression Act of 2012”(TFPSA).
Wendel Eliot Avisado is a Filipino lawyer and politician who previously served as Secretary of Budget and Management of the Philippines from 2019 to 2021. He was appointed by President Rodrigo Duterte on August 5,2019,succeeding Undersecretary Janet B. Abuel,who served as the DBM's Officer-in-Charge (OIC) following the appointment of former Secretary Benjamin E. Diokno as Governor of the Bangko Sentral ng Pilipinas. Besides having a long and distinguished career in government service,he is an active member of the Boy Scouts of the Philippines. He previously served as National President of the Boy Scouts of the Philippines from 2017 to 2019 and an ex-officio member of the national executive board.
The Governor of the Bangko Sentral ng Pilipinas is the chief executive officer of the Bangko Sentral ng Pilipinas,the Philippines' central bank. This position succeeds and replaces the earlier post of Governor of the Central Bank of the Philippines.
Nestor Aldave Espenilla Jr. was a Filipino banker who served as the fourth governor of the Bangko Sentral ng Pilipinas (BSP) from 2017 until his death in 2019. He began working for the BSP in 1981 and was a deputy governor under his predecessor Amando Tetangco Jr.
DuterteNomics is a catch-all term referring to the socioeconomic policies of Rodrigo Duterte,the 16th president of the Philippines. A significant part of these policies include the development of infrastructure and industries in the Philippines.
The New Generation Currency (NGC) Series is the name used to refer to Philippine peso banknotes issued since 2010 and coins issued since 2018. The series uses the Myriad and Twentieth Century typefaces.
Janet Braganza Abuel is a Filipino lawyer,accountant and public servant who,from March to August 2019,served as acting secretary of the Department of Budget and Management in the Duterte administration following the appointment of former-Budget Secretary Benjamin Diokno to the Bangko Sentral ng Pilipinas (BSP).
Amenah "Mina" Flaminiano Pangandaman is a Filipina economist who is the Secretary of the Department of Budget and Management (DBM) of the Philippines since June 30,2022. She is the first Muslim budget secretary and the only Muslim in the cabinet of President Bongbong Marcos. Her appointment was approved by the Commission on Appointments on September 28,2022.
₱41.811 million (2021) [1] [2] 
