Ever since the Asian financial crisis hit our shores last 1997, our monetary value has been spiraling into the drain. Well, it has been that way since... yes... the 1997 financial crisis. But besides that, I have noticed that as the years go by, the variety of monetary denominations of our country is getting a bit slim.
Long time ago, you can use 2P with that Cocos nucifera reverse, 50c with the Babalus mindorensis reverse, and so forth. There were a lot of combinations and shapes that the BSP decided to stop it once in for all. Good thing if they standardized the sizes of the loose change but no, they bastardized the whole concept by limiting our purchasing power to 25c, 1P and 5P. So, instead of having the convenience to pay only the lowest number of coins, we have to make do with assembling a coin collection just so the payment is just right. This goes too for our cambio (Ilonggo for barya) which means that instead of having a lighter load in your pocket, you have to be contented by having saddlebags full of coins because the cashier only has 25c in her care.
In another light, have you noticed as our crummy money gets crummier, the lowest value in paper has been gradually replaced by a non-descript washer called coins as seen in the P5 and P10 units. I miss that paper money with Aquino and the declaration of independence in the back. And now, I'm beginning to miss the Barasoain church on the P10 where everyone knows there's a "Where's Waldo?" in that picture. "Where's Waldo?" is a book of puzzles where one has to find Waldo or a specific object of interest hidden in the picture. In other words, it's finding a needle in a haystack, and in this case of the P10, it a *** in the roof of the church. But alas, now, the only thing great about the new coin is its durability.
What will they sacrifice next? The P20? P100? Who knows?
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