Is Philippine currency a coin or a bank note?

The coin denominations in circulation include various values, each designed with distinct features reflecting Philippine culture and history. These coins facilitate small transactions and serve as a convenient form of payment.

The Philippine currency system comprises both coins and banknotes. The basic unit of currency is the peso, also known as piso, which is subdivided into 100 centavos or sentimo.

In practical terms, centavos have lost much of their value, leading to their infrequent use in everyday transactions. This has resulted in most centavo coins not being widely circulated.

Banknotes, or bills, come in several denominations, ranging from low to high values. Each note features notable personalities, landmarks, and symbols that represent the rich heritage and diversity of the Philippines.

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