History of the Philippine Money

Historically, used as a medium of exchange during Pre-Hispanic Era​ (a)  

• Cowry
• barter
• pots
• coins
• bills

The Philippines was known to Chinese as ​ ​ (a)   on a flat base of Piloncitos during Pre-Hispanic Era.​

• barter
• pots
• coins
• bills
• inscription of the letter "M"
• inscription of the letter  "L"

The earliest coins brought by the galleons from Mexico​ (a)  

• barter
• pots
• bills
• inscription of the letter  "L"
• cobs
• centavo

the filipino term 'barya" came from the word barilla​ (a)  

• Tama
• Mali

The first paper money circulated in the Philippines came from El Banco Espanol Filipino de Espanol III​ (a)  

• Mali
• Tama

The Philippine Republic Act of 1998issued it own coins and paper currency​ (a)  

• Tama
• Mali

During the American Period 1900-1941, the ratio of Philippine peso to the American dollar was 3:1. (a)  

• Mali
• Tama

During the American occupation the bills were called Mickey Mouse because of the inflation and no back up reserves during this period.​ (a)  

• Tama
• Mali

During the Japanese occupation in 1942-1945, the Gorilla Notes were issued in lower denominations to show resistance against the Japanese occupation. (a)  

• Tama
• Mali

The Central Bank of the Philippines was established in 1948. (a)  

• Tama
• Mali