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The Philippine fifty-peso note (Filipino: Limampung piso (formal), singkuwenta pesos ()) (₱50) is a denomination of Philippine currency. Philippine president and former House Speaker Sergio Osmeña is currently featured on the front side of the bill, while the Taal Lake and the giant trevally (known locally as maliputo) are featured on the reverse side.
The series consisted of notes of various sizes, small size notes (5, 10 and 20 centavos), medium size notes (50 centavos and 1 peso) and large size notes (2, 5, 10 and 20 pesos). The notes were printed on Manila paper and contain the signatures of Florentino Sanguin as chairman and F.D. Panaca and I. Barbasa as members. Notes of 50 centavos and ...
In March 1935, then President Manuel L. Quezon approved Act No. 301 – the law passed by the Philippine Legislature on October 30, 1934, creating the Philippine Charity Sweepstakes Office (PCSO), replacing the then National Charity Sweepstakes. Under this law, the new organization was authorized to secure from the National Treasury a loan ...
The Philippines was under a state of emergency, announced by presidential spokesperson Ignacio Bunye on the morning of February 24, 2006, by the virtue of Proclamation No. 1017. This occurred after the government claimed that it foiled an alleged coup d'état attempt against the rule of President Gloria Macapagal Arroyo earlier that same day.
The Central Bank of the Philippines introduced the one thousand peso denomination in December 1991 during the presidency of Corazon Aquino and tenure of BSP Governor Jose L. Cuisia Jr. [2] The note features the portraits of former Chief Justice José Abad Santos; Josefa Llanes Escoda, civic worker and one of the founders of the Girl Scouts of the Philippines; and Vicente Lim, a general in the ...
Thailand triggered the crisis on 2 July and on 3 July, the Bangko Sentral intervened to defend the peso, raising the overnight rate from 15% to 32% at the onset of the Asian crisis in mid-July 1997. The peso dropped from 26 pesos per dollar at the start of the crisis to 46.50 pesos in early 1998 to 53 pesos as in July 2001.
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