MYLOT MEMBERS, CAN YOU TELL ME YOUR COUNTRY'S CURRENCIES HERE?
By ssh123
@ssh123 (31073)
India
40 responses
@jmp824 (741)
• Philippines
7 Nov 06
Philippines
The Philippine peso (Filipino: piso) is the official currency of the Philippines. Since the Philippine peso uses the decimal system, it is divided into 100 centavos (Filipino: sentimo). Its ISO 4217 code is "PHP".
The Philippines is one of a handful of countries formerly colonized by Spain that use the peso as their currencies, joining countries such as Mexico, Colombia and Argentina (for more information on this, see peso). As of October 2005, the Philippine money supply (M1) totaled about 569.2 billion pesos.
The Philippine peso is usually denoted by the symbol . This symbol was added to the Unicode standard in version 3.2 and is assigned U+20B1 (?). Due to the lack of font support, the symbol is often substituted with a simple P, a P with one horizontal line instead of two (available as the peseta sign, U+20A7 (P), in some fonts), PHP, or Php. (taken from http://en.wikipedia.org/wiki/Philippine_peso)
Subunit
1/100 centavo (Filipino: sentimo)
Coins 1, 5, 10, 25 centavos, P1, P5, P10
Banknotes P20, P50, P100, P200, P500, P1000
@ssh123 (31073)
• India
7 Nov 06
Countries like China who are fast becoming important foreign exchange earners are creating an atmsophere for their manufacturers in such a way, they want to earn as many billion dollars as possible in foreign exchange. Did you notice an umbrella (which cannot last for one rainy season) for Rs.50/-. They are flooding the international market with consumer goods at cheap price, other countries cannot compete. It is all for dollars. Foreign exchange. To make their country's currency stable in the world market. There are lots of good things to learn from China.
Thanks for your response.
@ssh123 (31073)
• India
7 Nov 06
Hero, Thanks for your response. How do you do? Which part of India you are from?
Today every country is trying to earn maximum foreign exchange to strengthen their own currency. International trade is becoming more and more complicated because every country would like to play it to their advantage without following international trade agreement.
@rfhameed2003 (743)
• Pakistan
7 Nov 06
1. Name of country is Pakistan.
2. Name of currency is Rupee.
3. Its equivalent to us $ = 60
