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Currency history

Philippine peso, twentieth-century reform lineage

Dates in use
Still in use; introduction date not established here
Currency code
PHP
Ancestry branch
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Its place in the family

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Philippine peso, twentieth-century reform lineage: documented and qualified family connections PARENTS THIS CURRENCY CHILDREN Mexican pesoMexican peso 1904 · DocumentedLater contribution or absorptionDocumented connection · 1904 Philippine peso, twentieth-century reform lineagePhilippine peso,twentieth-century reformlineage PHP No successor is established here.

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Philippine peso, twentieth-century reform lineage

This currency

Children 0

No successor is established here.

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The story

BSP dates the U.S.-approved Philippine coinage reform to 1903 with two Philippine pesos per U.S. dollar. [1]

BSP describes Japanese occupation notes and local resistance issues during 1942–1945, followed by postwar and central-bank issues. [2]

Turning points

Unit standard adoption

The 1903 Philippine reform defined a gold peso and made US gold dollars tender at two pesos per dollar. The date is enactment; commencement depended on the stipulated coin supply. Spanish and Mexican predecessors are additional inputs, not erased by the new standard. [3]

Sources and evidence

  1. Bangko Sentral ng Pilipinas · History of Philippine Money
  2. Bangko Sentral ng Pilipinas · History of Philippine Money
  3. United States Congress · Act of 2 March 1903, chapter 980, 32 Stat. 952

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Cite this page

“Philippine peso, twentieth-century reform lineage.” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-14; data version v49. https://familytreeofmoney.org/currency/T-FTM000503.html

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