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Philippine peso, twentieth-century reform lineage: research record

Evidence coverage: 1903–1904. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Philippine peso, twentieth-century reform lineage

PHP · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Current currency in the inherited endpoint register.
Dated observations: 1903–1904; this does not establish the entire lifetime.

Parents / predecessors

Mexican pesoaccount unit contribution · 1904 · later absorption or contribution
↗

Children / successors

No distinct successor currency is established in the loaded view.

Standards and other context

standard alignment

The 1903 Philippine reform defined a gold peso and made US gold dollars tender at two pesos per dollar. The date is enactment; commencement depended on the stipulated coin supply. Spanish and Mexican predecessors are additional inputs, not erased by the new standard.

C996, C1613

Latest research

Modern account-unit review

The 1903 Philippine reform defined a gold peso and made US gold dollars tender at two pesos per dollar. The date is enactment; commencement depended on the stipulated coin supply. Spanish and Mexican predecessors are additional inputs, not erased by the new standard. The1903 US-dollar statutory ratio is monetary-standard/legal-tender influence. It is not in itself conversion of prior USD account obligations into a new Philippine unit. Keep optional standard-adoption context, excluded from ancestry.

Sources and qualifications →
Qualified local scope and open successor

Shared Javanese monetary vocabulary does not establish a Java-to-Laguna inheritance or a continuous route into the Philippine peso. Do not equate this single record with a currency of the whole archipelago.

Sources and qualifications →
Monetary history 2 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

1903Philippine coinage reform and dollar parity

BSP dates the U.S.-approved Philippine coinage reform to 1903 with two Philippine pesos per U.S. dollar.

C178
1903-03-02Unit standard adoption

The 1903 Philippine reform defined a gold peso and made US gold dollars tender at two pesos per dollar. The date is enactment; commencement depended on the stipulated coin supply. Spanish and Mexican predecessors are additional inputs, not erased by the new standard.

C996
Evidence & research notes 6 claims

Dated observations, not a proven complete lifespan.

Supported C178

BSP dates the U.S.-approved Philippine coinage reform to 1903 with two Philippine pesos per U.S. dollar.

Bangko Sentral ng Pilipinas · History of Philippine Money Citation S84 · Open source ↗

American Period

Source access and limitations

Generic barter-origin and prosperity claims not adopted.

No unsupported 1852 date inferred.

Supported C179

BSP describes Japanese occupation notes and local resistance issues during 1942–1945, followed by postwar and central-bank issues.

Bangko Sentral ng Pilipinas · History of Philippine Money Citation S84 · Open source ↗

Occupation and Republic sections

Source access and limitations

Generic barter-origin and prosperity claims not adopted.

No unsupported 1852 date inferred.

Supported C996

The 1903 Philippine reform defined a gold peso and made US gold dollars tender at two pesos per dollar. The date is enactment; commencement depended on the stipulated coin supply. Spanish and Mexican predecessors are additional inputs, not erased by the new standard.

United States Congress · Act of 2 March 1903, chapter 980, 32 Stat. 952 Citation S474 · Open source ↗

Section 1, Philippine gold peso and two-peso/one-dollar standard; sections 3, 5 and 7 on earlier coinage

Supported C1166

Act 1045 made obligations in Mexican local currency enforceable as Philippine-peso judgments, allowed settlement in Philippine pesos, and extinguished the old obligation upon payment. Partial input to a multiple-currency replacement. The conversion was adjudicated by value, not a universal 1:1 exchange. Do not infer merely from purchase of Mexican silver as bullion.

Philippine Commission Act No.1045 · Philippine Commission Act No.1045, 27 January 1904 Citation S561 · Open source ↗

Sections 1, 3–6, 8, 11–12

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Supported C1613

The 1903 Philippine reform defined a gold peso and made US gold dollars tender at two pesos per dollar. The date is enactment; commencement depended on the stipulated coin supply. Spanish and Mexican predecessors are additional inputs, not erased by the new standard.

United States Congress · Act of 2 March 1903, chapter 980, 32 Stat. 952 Citation S474 · Open source ↗

Existing individual source inspection and revision27 ontology review; retained source evidence behind C996

Qualified C2063

Shared Javanese monetary vocabulary does not establish a Java-to-Laguna inheritance or a continuous route into the Philippine peso. Do not equate this single record with a currency of the whole archipelago.

Antoon Postma · The Laguna Copper-Plate Inscription: Text and Commentary, Philippine Studies40.2 (1992),183–203 Citation S1080 · Open source ↗

pp.186–187 translation line5 and nn.5–6; provenance discussion from p.185

Source access and limitations

Not a complete origin, lifespan or current-status audit.

Article transcription inspected.

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