The Philippine Peso

and Foreign
Currencies
Supply-Demand and Philippine Economic Problems
What is Currency?
A currency, in the most specific sense is money in any form when
in use or circulation as a medium of exchange, especially
circulating banknotes and coins. A more general definition is that a
currency is a system of money in common use, especially for
people in a nation.
What is Currency?
When the supply of a currency increases, its value tends to
decrease and we pay a lower price for it. When the demand for a
currency increases, its value will increase and we pay higher price
for it. We need foreign currencies to trade with other countries.
Selling locally products, called exports,
means we earn dollars as payment for
these goods bought by foreign buyers.

In the same manner, we buy goods from

other countries, and these are our
Trading
imports. Transfer of goods or services from
one person or entity to another, often
in exchange for money. A system or
network that allows trade is called a
market. An early form of trade, barter,
saw the direct exchange of goods
and services for other goods and
services.
 Common Convertible Currencies

a r s
. D oll Yen
U. S es e
ap an
J
n d
. P ou
U .K a n c
d Fr
r lan
w it ze
S
 Common Convertible Currencies

in ar
i n D l
hr a R i a
B a u di
Sa

ia h
R up
esi a t
o n Bah
Ind a nd
ai l
Th
 Common Convertible Currencies

ha m
D ir
.E . ua n
U .A a Y
in
Ch

o n
e a W
Ko r r o
. E u
M . U
E.
U.S. Dollars is the most commonly
traded currency in the world.

This is because Dollars is the most

stable and secure currency than any
other currency in the world.