Maximum amount of coins to be considered as legal tender
CIRCULAR NO. 537 Series of 2006
Pursuant to Section 52 of Republic Act No. 7653 and Monetary Board Resolution No. 862 dated 6 July 2006, the maximum amount of coins to be considered as legal tender is adjusted as follows:
One thousand pesos (P1,000.00) for denominations of 1-Piso, 5-Piso and 10-Piso coins; and
One hundred pesos (P100.00) for denominations of 1-sentimo, 5-sentimo, 10-sentimo, and 25-sentimo coins.
This Circular shall take effect after fifteen (15) days following its publication in the Official Gazette or in a newspaper of general circulation.
FOR THE MONETARY BOARD:
AMANDO M. TETANGCO, JR. Governor
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