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  1. The Philippine peso has since traded versus the U.S. dollar in a range of ₱24–46 from 1993–99, ₱40–56 from 2000–2009, and ₱40–54 from 2010–2019. The previous 1903–1934 definition of a peso as 12.9 grains of 0.9 gold (or 0.0241875 XAU) is now worth ₱2,266.03 based on gold prices as of November 2021.

  2. The Philippine twenty-peso coin (₱20) is the largest denomination coin of the Philippine peso.. History. New Generation Currency Series: In July 2019, the Bangko Sentral ng Pilipinas (BSP) announced that the 20 peso note will be replaced with a coin due to the overuse of the banknote, since each individual note only lasts about a year in circulation while a 20 peso coin lasts for 10 to 15 years.

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