The Chilean currency is the Chilean peso (CLP). It replaced the old Spanish peso currency. One new peso, or N$1.00, was equal to 1000 of the obsolete MXP pesos. Philippine peso centennial commemorative legal tender banknote. To deter it and support the peso, the government imposed foreign currency control. Currency&colon; Cuban peso (since 1857)Symbol&colon; $, $MN"See also Cuban peso". The international three-letter currency code for the Philippine peso is PHP. Confusion was avoided by making the "nuevo peso" currency almost identical to the old "peso". NDFs are popular for currencies with restrictions such as the Argentinian peso. The current Argentine peso displays Belgrano on 10-peso banknote. This was followed in 1866 by coins denominated "one peso". His portrait appears on the 10,000 Chilean peso bank note. The piastre was initially equivalent to the Mexican peso. It was the only banknote series of the Philippine peso to use English. In 1985, the Argentine austral replaced the discredited peso.