I went thrift store shopping and brought home a paperback detective novel. Browsing through the pages I noticed a foreign note was used as a bookmark. I will add this to my collection of odd paper currency. 1985 Philippines 5 Pesos. Obverse shows the first President of the Philippines, Emilio Aguinaldo. The Declaration of the Philippine Independence is on the reverse side. These notes were demonetized in Dec. 2017 and replaced with 5 Peso coins.
Sal…quick reality check for you…as of about 90 minutes ago the exchange rate for the Philippine peso was .0162 USD. Times 5 equals .081 cents. You asked “Now what”…there you go…Spark
Very interesting bookmark. You don't see anything like that often. BTW, did you read the book yet? Bruce
In 1985 the Philippine peso traded 18-19 against the US dollar 5+cents. Now the peso is 61 to to the dollar. Demonetized Banknotes: If you have actual paper bills from 1985 (the New Design Series), they are no longer legal tender for daily transactions. They were demonetized and can only be exchanged for newer currency through the Bangko Sentral ng Pilipinas or authorized agent banks. Although I guess if you can exchange them 1-1 then they are still worth 8 US cents.
