The Philippine twenty-centavo (20¢) coin was a denomination of the Philippine peso. The one-fifth (1/5) peso was introduced by both the Spaniards and the Americans during the colonial era of the Philippines. It was replaced by a banknote of the same denomination introduced alongside the establishment of the Central Bank of the Philippines (Bangko Sentral ng Pilipinas) in 1949 and it was replaced by the twenty-five centavo coin.
The twenty-centavo coin for the Philippines was introduced in the time of Queen Isabel II of Spain. The coin was not abundant in number until 1868, where more than 1 million coins were made, and 1868 became a common year minted on the twenty-centavo coin.[1] King Alfonso XII of Spain continued the minted of the coin during 1880 to 1885.[2]
During the American period in the country, the twenty-centavo coin was reintroduced in 1903. It contained 90% silver and 10% copper, weighed 5.3849 grams, and had a diameter of 23 millimeters.[3] In 1908, the coin was reduced to a diameter of 20.86 millimeters, and the silver content of that coin was 75%.[4] During the time of the Commonwealth of the Philippines, the symbol on the reverse side of the coin was changed in 1937, and production of the coin ended during 1945.[5] Since then, the coin has not been produced until there are plans to reintroduce the twenty-centavo coin by the Bangko Sentral ng Pilipinas.
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