As with any country, the Philippines has it’s own system of money – bank notes and coins in various shapes, sizes and denominations.
The coins begin as little as 5 centavos! There’s a 5, 10 and 25 centavo coin. Only certain businesses deal in centavos as they are worth so little. I have yet to see anything that costs less than a few pesos, so cutting into a fraction of a peso seems unnecessary. They are, however, pretty cute coins. As you can see, they are all the brassy mint.
Next are the small denomination of pesos that come in coins. There are the 1 peso coins along with 5 pesos or 10 pesos. The 10 peso coin is the only two toned coin in the Filipino portfolio.
Last but not least are the bills. I don’t know what the largest is, but I always have a few 20s, 50s, 100s, 500s, and maybe a 1000 or two. They also come in 200 pesos, but I rarely get those. Similar to the Australian money, each bill is a different color. This is great for looking in my wallet, but bad for keeping how much I am carrying confidential. Lucky for me, i’m really terrible about carrying cash – I am always running out and stealing Mark’s. haha!
I think because of my practice in Australia, I’m getting better at switching currencies. Now, when we travel to other countries, I’m able to switch pretty quickly and get used to a new set of bills and denominations, new colors and sizes to everything. Coins are definitely more difficult than the bills, but it’s just part of the learning process…