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12y ago
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5d ago

The Philippine monetary unit is spelled as "peso."

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Q: How do you spell Philippine monetary unit?
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Why is the monetary unit of the Philippine called peso?

The simple answer is that it used to be a colony of Spain and used the Spanish monetary unit which is the Peso as well. In the early 1900's the U.S.A. took control of the Philippines and established the unit of currency as a "gold peso" which was supposed to be 1/2 the value of a U.S. Dollar. The Japanese occupied for a while as well, but the Peso has stuck as the monetary unit


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The letters spell the word roubles. Roubles or rubles are the Russian monetary unit.


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What is 1 British dollar to 1 Philippine peso?

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Chinese monetary unit - the monetary unit in the People's Republic of China monetary unit - a unit of money kwai, yuan - the basic unit of money in China jiao - 10 jiao equal 1 yuan in China fen - 100 fen equal 1 yuan in China