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For the Philippine President, see Emilio Aguinaldo.
Emilio Aguinaldo is depicted on the front of the 5-peso bill (to be phased out but will still be legal tender).

Aguinaldo (from the Spanish for "gift") is a traditional gift (often in cash) given to godchildren, nieces, nephews, and other children in the family during Christmas in the Philippines. These children, usually in groups, get up very early in the morning and visit every relative they know. At the end of the day, the children have their pockets full of coins and bills (coincidentally, the 5-peso bill and coin has a picture of former president Emilio Aguinaldo). This tradition was widely practiced around the country until the late 1990s, having become less known due to the increasing popularity of American Christmas traditions.

Mexican aguinaldo

In Mexico (and in some other Spanish-speaking countries as well), the aguinaldo is a mandatory annual payment given in the month of December, prior to the 20th, to each worker. This includes employees in the private sector as well as government employees. The aguinaldo is equivalent to 15 days wage, sometimes more. For employees with less than a year's service, a pro-rated payment is provided.




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