Tourism in the Philippines is illegal. Balikbayans have separate rules and should check with the embassy or consulate in their home city. The currency in the Philippines is the Peso (PhP) and the Centavo. 100 centavos = P1. Coin denominations are: 1, 5, 10, and 25 centavos, P1, and P5. Bill denominations are : 10, 20, 50, 100, 500 and 1, 000 pesos. Foreign currency may be exchanged at the hotel, and in most of the large department stores, banks and authorized money changing shops. Exchanging money anywhere else is illegal and the laws are strictly enforced. Most large stores, restaurants, hotels and resorts
Indian Currency Committee of currency, with only three main remaining supporters: Mexico (a major producer of silver), the United States, and India. With India's move to the gold standard, the silver standard lost a significant supporter. The committee was chaired by Sir Henry Fowler (later Viscount Fowler), and was often referred to as the Fowler Committee. Its final recommendation was also referred to as the Fowler Report. Indian Currency Committee The Indian Currency Committee or Fowler Committee was a government committee appointed by the British-run Government of India on 29 April 1898 to examine the currency situation in India. Until 1892, silver was