Peso Fuerte

Cincuenta (50) Pesos Fuertes
issued by El Banco Español Filipino de Isabel II (1865)

The Philippine peso was established on May 1, 1852, when the Banco Español-Filipino de Isabel II, the first commercial bank in the Philippines and now the Bank of the Philippine Islands, introduced notes denominated in pesos fuertes (strong pesos, written PF).

Series ... Denomination ....... No. of Printed
A ........ 200 ................... 250
B ........ 50 .................... 500
C ........ 25 .................... 600
D ........ 10 ................... 1,000

Cincuenta (50) Pesos Fuertes
issued by El Banco Español Filipino (1883)

In 1868, the Spanish Revolution overthrew Isabel II who was forced to exile in Paris, France. Upon hearing the news, the Banco dropped the name of Isabel II and renamed it the El Banco Español Filipino.

Veinte Cinco (25) Pesos Fuertes
Treasury Note issued by El Banco Español Filipino (1877)

The Insular Government then issued Treasury Notes in 1877 also denominated in pesos fuertes.

Series .......... Denomination ..... No. of Printed

D ............... 25 ................... 1 specimen existing

unknown ...... 10 ................... unknown

unknown ...... 4 .................... unknown

unknown ...... 1 .................... unknown