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Philippine Peso
The Philippine peso, also referred to by its Filipino name piso (Philippine English: /ˈpɛsoʊ/, /ˈpiː-/, plural pesos /ˈpɛsɔːs/; Filipino: piso [ˈpiso, pɪˈso]; Spanish: peso; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 centavos or sentimos in Filipino. As a former colony of the United States, the country used English on its currency, with the word "peso" appearing on notes and coinage until 1967. Since the adoption of the usage of the Filipino language
Filipino language
on banknotes and coins, the term "piso" is now used. Since 2017, the ISO 4217
ISO 4217
standard refers to the currency by the Filipino term "piso".[2] The peso is usually denoted by the symbol "₱". Other ways of writing the Philippine peso sign
Philippine peso sign
are "PHP", "PhP", "Php", "P$",[citation needed] or just "P"
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Tagalog Language
Tagalog (/təˈɡɑːlɒɡ/;[6] Tagalog pronunciation: [tɐˈɡaːloɡ]) is an Austronesian language spoken as a first language by a quarter of the population of the Philippines
Philippines
and as a second language by the majority. Its standardized form, officially named Filipino, is the national language of the Philippines, and is one of two official languages alongside English. It is related to other Philippine languages, such as the Bikol languages, Ilocano, the Visayan languages, Kapampangan, and Pangasinan, and more distantly to other Austronesian languages, such as the Formosan languages
Formosan languages
of Taiwan, Malay (Malaysian and Indonesian), Hawaiian, Māori, and Malagasy
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Banknote
A banknote (often known as a bill, paper money, or simply a note) is a type of negotiable promissory note, made by a bank, payable to the bearer on demand. Banknotes were originally issued by commercial banks, who were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank.[2] Commercial banknotes have primarily been replaced by national banknotes issued by central banks. National banknotes are generally legal tender, meaning that medium of payment is allowed by law or recognized by a legal system to be valid for meeting a financial obligation.[3] Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment
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Monetary Inflation
Monetary inflation
Monetary inflation
is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services.[1][2] There is general agreement among economists that there is a causal relationship between monetary inflation and price inflation. But there is neither a common view about the exact theoretical mechanisms and relationships, nor about how to accurately measure it. This relationship is also constantly changing, within a larger complex economic system
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Consumer Price Index
A consumer price index (CPI) measures changes in the price level of market basket of consumer goods and services purchased by households. The CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices are computed for different categories and sub-categories of goods and services, being combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the index. It is one of several price indices calculated by most national statistical agencies. The annual percentage change in a CPI is used as a measure of inflation. A CPI can be used to index (i.e. adjust for the effect of inflation) the real value of wages, salaries, pensions, for regulating prices and for deflating monetary magnitudes to show changes in real values
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Unicode
Unicode
Unicode
is a computing industry standard for the consistent encoding, representation, and handling of text expressed in most of the world's writing systems. The latest version contains a repertoire of 136,755 characters covering 139 modern and historic scripts, as well as multiple symbol sets
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Philippine English
Philippine English is any variety of English (similar and related to English) native to the Philippines, including those used by the media and the vast majority of educated Filipinos. English is taught in schools as one of the two official languages of the country, the other being Filipino (Tagalog). Code-switching is prevalent in informal situations.Contents1 Orthography and grammar 2 Phonology2.1 Consonants 2.2 Vowels 2.3 Other features 2.4 Non-native pronunciation3 History 4 Industries based on English 5 See also 6 References 7 Further reading 8 External linksOrthography and grammar[edit] Philippine laws and court decisions, with extremely rare exceptions, are written solely in English. English is also used in higher education, religious affairs, print and broadcast media, and business. Most educated Filipinos are bilinguals and speak English as one of their languages
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Filipino Language
Filipino /ˌfɪlɪˈpiːnoʊ/ ( listen)[4] (Wikang Filipino [wɪ'kɐŋ ˌfiːliˈpiːno]), in this usage, refers to the national language (Wikang pambansa/Pambansang wika) of the Philippines. Filipino is also designated, along with English, as an official language of the country.[5] It is based on the Tagalog language,[6] an Austronesian, regional language that is widely spoken in the Philippines
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Spanish Language
The Spanish language
Spanish language
(/ˈspænɪʃ/ ( listen);  Español (help·info)), also called the Castilian language[4] (/kæˈstɪliən/ ( listen),  castellano (help·info)), is a Western Romance language that originated in the Castile region of Spain
Spain
and today has hundreds of millions of native speakers in Latin
Latin
America and Spain. It is usually considered the world's second-most spoken native language, after Mandarin Chinese.[5][6][7][8][9] Spanish is a part of the Ibero-Romance group of languages, which evolved from several dialects of Vulgar Latin
Vulgar Latin
in Iberia after the collapse of the Western Roman Empire
Western Roman Empire
in the 5th century
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Currency
A currency (from Middle English: curraunt, "in circulation", from Latin: currens, -entis), in the most specific use of the word, refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins.[1][2] A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation.[3] Under this definition, US dollars, British pounds, Australian dollars, and European euros are examples of currency. These various currencies are recognized stores of value and are traded between nations in foreign exchange markets, which determine the relative values of the different currencies.[4] Currencies in this sense are defined by governments, and each type has limited boundaries of acceptance. Other definitions of the term "currency" are discussed in their respective synonymous articles banknote, coin, and money
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United States
Coordinates: 40°N 100°W / 40°N 100°W / 40; -100 United States
United States
of AmericaFlagGreat SealMotto:  "In God
God
We Trust"[1][fn 1]Other traditional mottos  "E pluribus unum" (Latin) (de facto) "Out of many, one" "Annuit cœptis" (Latin) "He h
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English Language In The Philippines
Philippine English is any variety of English (similar and related to English) native to the Philippines, including those used by the media and the vast majority of educated Filipinos. English is taught in schools as one of the two official languages of the country, the other being Filipino (Tagalog). Code-switching is prevalent in informal situations.Contents1 Orthography and grammar 2 Phonology2.1 Consonants 2.2 Vowels 2.3 Other features 2.4 Non-native pronunciation3 History 4 Industries based on English 5 See also 6 References 7 Further reading 8 External linksOrthography and grammar[edit] Philippine laws and court decisions, with extremely rare exceptions, are written solely in English. English is also used in higher education, religious affairs, print and broadcast media, and business. Most educated Filipinos are bilinguals and speak English as one of their languages
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Coin
A coin is a small, flat, (usually) round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins are usually metal or alloy, or sometimes made of synthetic materials. They are usually disc shaped. Coins made of valuable metal are stored in large quantities as bullion coins. Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the highest value coin in circulation (i.e. excluding bullion coins) is worth less than the lowest-value note. In the last hundred years, the face value of circulation coins has occasionally been lower than the value of the metal they contain, for example due to inflation
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Printer (publisher)
In publishing, printers are both companies providing printing services and individuals who directly operate printing presses.[1] Printers include: Newspaper
Newspaper
printers, often owned by newspaper publishers Magazine
Magazine
printers, usually independent of magazine publishers Book
Book
printers, often not directly connected with book publishers Stationery
Stationery
printers Packaging
Packaging
printers Trade printers, who offer wholesale rates within the printing industryAn artist who operates a printing press to execute their own works of printing press such as, hand in limited runs. That is usually distinguished from other printers by the term printmaker. References[edit]Wikimedia Commons has media related to Printers (publishers).^ "Printer". Merriam-Webster. This publishing-related article is a stub
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Mexico
Coordinates: 23°N 102°W / 23°N 102°W / 23; -102United Mexican States Estados Unidos Mexicanos  (Spanish)FlagCoat of armsAnthem: "Himno Nacional Mexicano" (English: "Mexican National Anthem")Capital and largest city Mexico
Mexico
City 19°26′N 99°08′W / 19.433°N 99.133°W / 19.433; -99.133Official languagesNone at federal level[b] Spanish (de facto)Recognized regional languagesSpanish 68 native languages[1]National language Spanish[b]Religion83% Roman Catholicism 10% Other Christian 0.2% Othe
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Spanish Empire
The Spanish Empire
Empire
(Spanish: Imperio Español) was one of the largest empires in history. At the time, it was not known as that by the Spanish with the monarch ruling kingdoms in Spain, his possessions in Italy and northern Europe, and in the "Spanish Indies," its New World territories and the Philippines.[1] From the late fifteenth century to the early nineteenth, Spain's crown of Castile controlled a huge overseas territory in the New World.[2][3] The crown's main source of wealth was from gold and silver mined in Mexico
Mexico
and Peru. The empire reached the peak of its military, political and economic power under the Spanish Habsburgs,[4] through most of the 16th and 17th centuries, and its greatest territorial extent under the House of Bourbon
House of Bourbon
in the 18th century
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