Piso

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The Bangko Sentral ng Pilipinas (BSP) issued a new one (1) peso coin. The issuance of this newly designed one peso coin commemorates the 150th birth anniversary of the Philippines’ National Hero Dr. Jose Rizal which was celebrated last June 19, 2011. 

The face of the coin has the design of the portait of Dr. Jose Rizal and the markings, “150 years”, “1861-2011”, and “Republika ng Pilipinas”. Designed on the reverse side are the new BSP seal, “1-piso” and “2011”.

The new 1 peso coin is round, grayish and nickel-plated steel coin. It has the same size (24-millimeters in diameter) and weight (5.35 grams) as the old one (1) peso coin presently in circulation.

The Office of the President of the Philippines and the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) have both approved the issuance of the new one (1) peso coin.