The Philippine peso fuerte is a historical currency used in the Philippines during the Spanish colonial period. Synonyms for this currency could include the Spanish peso, Spanish real, Spanish silver coin, or simply the fuerte. Other currencies used in the Philippines during this time period include the Mexican peso, which was also commonly used in the Spanish colonies, and the pre-colonial barter trade system that was prevalent among indigenous peoples. Today, the Philippine peso is the official currency of the Philippines and has undergone several changes since the colonial era, including a decimalization process and the adoption of new banknotes and coins.