1993 Emilio Aguinaldo 5 Peso Coin

Five Peso Coin (1991) Improved Flora and Fauna Series Obverse: Emilio Aguinaldo and year mark Reverse: Pterocarpus indicus Shape: Round Edge: Reeded Diameter: 25.5 mm Composition: Nickel brass There was no 5 peso coin in the previous flora & fauna series. When the Bangko Sentral issued the improved series, they introduced this 5 peso coin to replace the 5 peso bill. The peso was diminishing in value due to inflation. The 5 peso banknote changed hands more frequently and got worn out easily. To save on the costs of printing new banknotes to replace those worn out, the Bangko Sentral turned to minting 5 peso coins which last a lot longer compared to paper money.