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13 Cards in this Set
- Front
- Back
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Barter
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exchange of goods for other goods
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Money
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Anything that is used as a medium of exchange, which is accepted by everybody.
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First coin in the country
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Penniform gold barter ring
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Dr. Gilbert Perez
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He discovered the Penniform Gold barter ring
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Pilonsitos
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These are believed to be the earliest form of coinage used by the Filipinos
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Queen Isabela of Spain
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The first Spanish, which was first used in the entire island, bore the face for this person.
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hilis kalamay
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The bronze coin that was used during the Spanish period.
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Barilla
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This was the first coin produced in the country during the Spanish regime.
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El Banco Espanol-Filipino de Isabela II
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This was considered the first bank that was established.
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Pesos Fuertes
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The first paper money in the Philippines
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Money standard
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It is a particular kind of standard money used in the country
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The Philippine Coinage Act of 1902
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approved the use of gold exchange standard in our country
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Gold Standard
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When the money in circulation or standard money is redeemed in gold
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