Spanish diaspora migrants to the Spanish East Indies now known as the Philippines. For three centuries (333 years), between 1565 and 1898, Mexicans, Spaniards, and Latin Americans sailed to and from the Spanish East Indies as government officials, soldiers, priests, settlers, traders, sailors and adventurers in the Manila-Acapulco Galleon, assisting Spain in its trade between Europe and Latin America (Spanish America); and Latin America and China. According to an 1818 study by the renowned German ethnologist Fëdor Jagor, "The Former Philippines thru Foreign Eyes", about ""1/3rd of the inhabitants of the island of Luzon were mixed with varying degrees of Spanish ancestry
Netherlands Indies gulden power in the East, but the unfamiliar coins were rejected in favour of the well-known 8 Real coins produced by Spain and its possessions, which were accepted all over the world. The Spanish coins remained the preferred large silver (trade) coin in the Indies until the 19th century. In 1602, the United East India Company (VOC) was formed from six trading companies in the Netherlands, and granted a trade monopoly over the Indies. In 1619 the Company established its capital at Jacatra, which it called Batavia. It gradually spread its influence over Java, and established control over Sumatra in 1667