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A Study of Pineapple Peelings as Vinegar

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Joy Ruth V. Ecleo
FMA11FA1
FIN 001

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On,July 23,2014 The section of FMA11FA1 of TIP College of Business held on educational tour in Bangko Sentral ng Pilipinas for the purpose of bonding with friends, to learn new things and mainly to see first hand the process of making money. We went to Bangko Sentral ng Pilipinas. When we enter the BSP, I noticed that the building is highly secured. We are restricted to bring cellphones, cameras, gadgets and our bags and we're only allowed to bring personal belongings. First Our tour guide shows us the different series of banknotes like the Bagong Lipunan series banknotes, New design series banknotes, New Generation banknotes and some various overprints. Then our tour guide takes us to a briefing room where he shows us different videos about the Evolution of Philippine Money and the process of how to make banknotes and making coins. I learned a lot and also the videos were useful since it includes the security features in the new generation banknotes so now I know what to look for in the new generation banknotes to define if it is real or fake. Next is she took us to a floor where we can see the BSP employees do their job as they work on their workplace making the e-passports. Our tour guide explains that it is called electronic passports because it has a silicon chip where all the personal information is put. We're also showed the different facilities making the banknotes from the start to the sheet-cutting and ending at the counting process. Through the tour she explains that there are some foreigners included in the workers because they are training the employees in using and maintaining the new machines. It is a relief to know that even the machines that is use to make money are also being modernized. The second day of our educational tour was held in Money Museum. First we had an orientation and then I saw the different collection in the museum ,it traces the history of changes in the countries money, from its primitive means of commercial exchange up to the examples of contemporary coins and banknotes. The collection is divided into several periods, were the most significant in the Philippines’ development. I learned a lot in this tour,it helps me how to identify if the money is fake or not. And now,I already know the history of money and its importance in our economy.

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