philippine monetary unit (Meaning)

Wordnet

philippine monetary unit (n)

monetary unit in the Philippines

Synonyms & Antonyms of philippine monetary unit

No Synonyms and anytonyms found

philippine monetary unit Sentence Examples

  1. The Philippine Monetary Unit (PMU), also known as the peso, is the official currency of the Philippines.
  2. The PMU is divided into 100 centavos.
  3. The PMU is issued by the Bangko Sentral ng Pilipinas (BSP).
  4. The BSP sets the exchange rate for the PMU against other currencies.
  5. The PMU is a freely convertible currency.
  6. The PMU is used for all financial transactions in the Philippines.
  7. The PMU is a stable currency that has been in use for over a century.
  8. The BSP monitors the supply of PMU in the market to maintain its value.
  9. The PMU is printed on high-quality paper and has several security features to prevent counterfeiting.
  10. The BSP regularly updates the design of the PMU to incorporate new security features and to reflect the changing economy and culture of the Philippines.

FAQs About the word philippine monetary unit

monetary unit in the Philippines

No synonyms found.

No antonyms found.

The Philippine Monetary Unit (PMU), also known as the peso, is the official currency of the Philippines.

The PMU is divided into 100 centavos.

The PMU is issued by the Bangko Sentral ng Pilipinas (BSP).

The BSP sets the exchange rate for the PMU against other currencies.