History of Philippine Money

Philippine coins and notes are the ____ of our nation.

• Bed and Butter

• Treasure

• Trash

• Tools

In the Pre-Hispanic Era, what is the medium of exchange adopted during this period?

• Cobs or Macuquinas

• Copper Coins

• Cowry Shells

• Mickey Mouse

What particular coin was introduced by Spaniards during the Spanish Occupation of the Philippines?

• Cobs or Macuquinas

• Copper Coins

• Cowry Shells

• Mickey Mouse

The Filipino term "barya", meaning "small change," had its origin in ____. 

• Dos Mundos

• Manila

• Spain

• Barrilla

The first paper money in circulation was the ____ which were issued by the country's first bank, the El Banco Espanol Filipino de Isabel II.

• Gold Coins

• Macuquinas

• Silver Pesos

• Pesos Fuertes

Who is the first Philippine President during Revolutionary Period (1898-1899)?

• General Emilio Aguinaldo

• Manuel Quezon

• Jose P. Laurel

• Manue Roxas

The United States took possession of the Philippines in ____ and established a new unit of currency.

• 1941

• 1946

• 1901

• 1912

During the American Occupation, the countr's monetary system was based on the ____.

• Coins

• Gold Standard

• Bank Notes

• Credit System

World War II caused severe disturbances to the Philippine monetary system. During the Japanese Occupation of the Philippines, two kinds of notes were issued. These war notes were in big denominations and had no backup reserves. The Filipinos dubbed it as ____ amidst the worst inflation in the history of the Philippines. 

• "Pluto"

• "Donald Duck"

• "Minnie Mouse"

• "Mickey Mouse"

In 1973, the Ang Bagong Lipunan (ABL) series notes were circulated. The lowest denomination was the ____, and the highest denomination was the ____.

• 2 Peso and 10 Peso

• 2 Peso and 20 Peso

• 2 Peso and 50 Peso

• 2 Peso and 100 Peso