Banknotes of the Philippine peso

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The front side of a two-hundred peso note (New Generation Currency).
Early issue 1896 10 pesos note from El Banco Español-Filipino (1896).

Banknotes of the Philippine peso are issued by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) for circulation in the Philippines. The smallest amount of legal tender in wide circulation is 20 pesos and the largest is 1,000 pesos. The front side of each banknote features prominent people along with buildings, and events in the country's history while the reverse side depicts landmarks and animals.

History[edit]

On May 1, 1852, the first commercial bank of the Philippines, El Banco Español Filipino de Isabel 2A issued the following denominations initially 10, 25, 50 and 200 pesos fuertes (strong pesos). They were used until 1896.

First Philippine Republic[edit]

The revolutionary republic of Emilio Aguinaldo ordered the issuance of 1, 2, 5, 10, 25, 50, 100-peso banknotes which were signed by Messrs. Pedro A. Paterno, Telesforo Chuidan and Mariano Limjap to avoid counterfeiting. However, only the 1 and 5-peso banknotes have been printed and circulated to some areas by the end of the short-lived First Republic.

American Period[edit]

BEP design proof (top) and issued note (bottom) of the 1924 Philippine one peso. The BEP proof was approved by MG Frank McIntyre, Chief of the Bureau of Insular Affairs.

By 1903, the American colonial Insular Government had issued Silver Certificates in denominations of 1, 2, 5, 10, 20, 50, 100 and 500 pesos, backed by silver coin or U.S. gold at a fixed rate of 2:1. In 1908, the El Banco Español Filipino was allowed to print banknotes in the following denominations with text in Spanish: Cinco (5), Diez (10), Veinte (20), Cincuenta (50), Cien (100) and Dos Cientos (200) Pesos. In 1912, the bank was renamed Bank of the Philippine Islands (BPI) and henceforth issued the same banknotes in English.

In 1918, the Silver Certificates were replaced by the Treasury Certificates issued with government-backing of bonds issued by the United States Government in the following denominations: One, Two, Five, Ten, Twenty, Fifty, One Hundred and Five Hundred Pesos. In 1916, the Philippine National Bank (PNB) was created to administer the state-holding shares and print banknotes without any quota from the Philippine Assembly. They printed banknotes in denominations of 1, 2, 5, 10, 20, 50 and 100 pesos. During World War I, the PNB issued emergency notes printed on cardboard paper in the following denominations: 10, 20, 50 centavos and 1 peso. Also overprinted BPI Notes in Five, Ten and Twenty Pesos due to the lack of currency.

The Commonwealth of the Philippines issued Treasury Certificates with the seal of the new government but still circulated the BPI and PNB banknotes.

Japanese government-issued Philippine peso[edit]

1942 series[edit]

Image Value Issue date Series
PHI-102b-Japanese Government (Philippines)-1 Centavo (1942).jpg 1 centavo 1942 First
PHI-103b-Japanese Government (Philippines)-5 Centavos (1942).jpg 5 centavos 1942 First
PHI-104b-Japanese Government (Philippines)-10 Centavos (1942).jpg 10 centavos 1942 First
PHI-105b-Japanese Government (Philippines)-50 Centavos (1942).jpg 50 centavos 1942 First
PHI-106-Japanese Government (Philippines)-1 Peso (1942).jpg 1 peso 1942 First
PHI-107A-Japanese Government (Philippines)-5 Pesos (1942).jpg 5 pesos 1942 First
PHI-108-Japanese Government (Philippines)-10 Pesos (1942).jpg 10 pesos 1942 First

1943-1945 series[edit]

Image Value Issue date Series
PHI-109-Japanese Government (Philippines)-1 Peso (1943).jpg 1 peso 1943 Second
PHI-110-Japanese Government (Philippines)-5 Pesos (1943).jpg 5 pesos 1943 Second
PHI-111-Japanese Government (Philippines)-10 Pesos (1943).jpg 10 pesos 1943 Second
PHI-112-Japanese Government (Philippines)-100 Pesos (1944).jpg 100 pesos 1944 Second
PHI-114-Japanese Government (Philippines)-500 Pesos (1944).jpg 500 pesos 1944 Second
PHI-115-Japanese Government (Philippines)-1000 Pesos (1945).jpg 1,000 pesos 1945 Second

Banknotes issued by the Bangko Sentral ng Pilipinas[edit]

"VICTORY-CBP" banknotes[edit]

The banknotes first issued by today's Bangko Sentral ng Pilipinas (formerly the "Central Bank of the Philippines") were the VICTORY-CBP Overprints in 1949, which were merely overprints of older American-era banknotes. The first official banknote series to be printed were the English Series in 1951.

"VICTORY-CBP" banknotes
Image Value Dimensions Main Color Description Year
Obverse Reverse Obverse Reverse First issue Withdrawal
1 peso Maroon Apolinario Mabini "VICTORY", "CENTRAL BANK OF THE PHILIPPINES", value 1949 July 30, 1967
2 pesos Blue José Rizal "VICTORY", "CENTRAL BANK OF THE PHILIPPINES", value
5 pesos Yellow William McKinley and

George Dewey

"VICTORY", "CENTRAL BANK OF THE PHILIPPINES", value
10 pesos Brown George Washington "VICTORY", "CENTRAL BANK OF THE PHILIPPINES", value
20 pesos Orange Mayon volcano "VICTORY", "CENTRAL BANK OF THE PHILIPPINES", value 1949 July 30, 1967
50 pesos Pink Henry Ware Lawton "VICTORY", "CENTRAL BANK OF THE PHILIPPINES", value 1949 July 30, 1967
100 pesos Gold Ferdinand Magellan "VICTORY", "CENTRAL BANK OF THE PHILIPPINES", value 1949 July 30, 1967
500 pesos Violet Miguel López de Legazpi "VICTORY", "CENTRAL BANK OF THE PHILIPPINES", value 1949 December 31, 1957
For table standards, see the banknote specification table.

English series[edit]

The English Series were Philippine banknotes that circulated from 1949 to 1969. It was the only banknote series of the Philippine peso to use English as the language.

English Series
Image Value Dimensions Main Color Description Year
Obverse Reverse Obverse Reverse First issue Withdrawal
Small denomination notes
5 centavos 5 centavos 5 centavos Red Bank title, bank seal, value, serial number "PHILIPPINES", value April 15, 1951 June 30, 1958
10 centavos 10 centavos 10 centavos Maroon Bank title, bank seal, value, serial number "PHILIPPINES", value
20 centavos 20 centavos 20 centavos Green Bank title, bank seal, value, serial number "PHILIPPINES", value
50 centavos Blue Bank title, bank seal, value, serial number "PHILIPPINES", value
English Series Half Peso Banknote (Obverse).jpg English Series Half Peso Banknote (Reverse).jpg ½ peso Green Mt. Mayon and three men riding on a carabao-drawn cart "PHILIPPINES", value July 1, 1958 April 1, 1967
Large denomination notes
1 pesos ₱1 160 × 66 mm Gray Apolinario Mabini Barasoain Church April 15, 1951 February 28, 1974
2 pesos ₱2 Blue José Rizal Landing of Ferdinand Magellan
5 pesos ₱5 Golden yellow Marcelo H. del Pilar and Graciano Lopez Jaena La Solidaridad
10 pesos ₱10 Brown Fathers Mariano Gomez, Jose Burgos and Jacinto Zamora Urdaneta and Legaspi Monument
20 pesos ₱20 Orange Andres Bonifacio and Emilio Jacinto Kartilya ng Katipunan and the Balintawak Monument
50 pesos ₱50 Red Antonio Luna Blood compact between Sikatuna and Legaspi
100 pesos ₱100 Yellow Tandang Sora Regimental flags and the Katipunan veterans March 31, 1971
200 pesos ₱200 Green Manuel L. Quezon Legislative Building December 31, 1959
500 pesos 500 pesos ₱500 Violet Manuel Roxas Former Central Bank Building
For table standards, see the banknote specification table.

Pilipino series[edit]

The Pilipino Series banknotes is the name used to refer to Philippine banknotes issued by the Central Bank of the Philippines from 1969 to 1977, during the term of President Ferdinand Marcos. It was succeeded by the Ang Bagong Lipunan Series of banknotes, to which it shared a similar design. The lowest denomination of the series is 1-piso and the highest is 100-piso.

This series represented a radical change from the English series. The bills underwent Filipinization and a design change.

Pilipino Series
Image Value Dimensions Main Color Description Year
Obverse Reverse Obverse Reverse First issue Withdrawal
1 pesos 1 pesos ₱1 160 × 66 mm Blue José Rizal Declaration of Philippine Independence May 5, 1969 April 30, 1980
5 pesos ₱5 Green Andres Bonifacio Sanduguan or Blood Compact of the Katipuneros
10 pesos ₱10 Brown Apolinario Mabini Barasoain Church
20 pesos ₱20 Orange Manuel L. Quezon Malacañan Palace
50 pesos ₱50 Red Sergio Osmeña Legislative Building
100 pesos 100 pesos ₱100 Violet Manuel Roxas Former Bangko Sentral ng Pilipinas Building
For table standards, see the banknote specification table.

Ang Bagong Lipunan series[edit]

The Ang Bagong Lipunan Series (literally, ”The New Society Series") is the name used to refer to Philippine banknotes issued by the Central Bank of the Philippines from 1978 to 1985. It was succeeded by the New Design Series of banknotes. The lowest denomination of the series is 2-piso and the highest is 100-piso.

After the declaration of Proclamation № 1081 by President Ferdinand Marcos on September 23, 1972, the Central Bank was to demonetize the English Series banknotes in 1974, pursuant to Presidential Decree 378. All the unissued Pilipino Series banknotes (except the one peso banknote) were sent back to the De La Rue plant in London for overprinting the watermark area with the words "ANG BAGONG LIPUNAN" and oval geometric safety design. The one peso bill was replaced with the two peso bill, which features the same elements of the demonetized Pilipino series one peso bill.

On September 7, 1978, the Security Printing Plant in Quezon City was inaugurated to produce the banknotes.

The banknotes were still legal tender even after the introduction of the New Design Series banknotes, however it is seldom used after the EDSA Revolution.[1] The banknotes were eventually demonetized on February 2, 1996 (but can still be exchange with legal tender currency to the Central Bank until February 1, 1996)[2] after clamors that the banknotes can be used to buy votes for the 1992 Presidential Elections.[3]

Ang Bagong Lipunan (New Society) Series
Image Value Dimensions Main Color Description Year
Obverse Reverse Obverse Reverse First issue Withdrawal
2 pesos 2 pesos ₱2 160 × 66 mm Blue José Rizal Declaration of Philippine Independence March 17, 1978 February 2, 1996
5 pesos The Reverse of the Ang Bagong Lipunan 5 piso banknote.jpg ₱5 Green Andres Bonifacio Blood Compact of the Katipuneros
10 pesos 10 pesos ₱10 Brown Apolinario Mabini Barasoain Church
20 pesos 20 pesos ₱20 Orange Manuel L. Quezon Malacañan Palace
50 pesos 50 pesos ₱50 Red Sergio Osmeña Legislative Building
100 pesos 100 pesos ₱100 Violet Manuel Roxas BSP Complex
For table standards, see the banknote specification table.

New Design/BSP series[edit]

By 1983, the Committee was deciding the issuing of new banknotes to replace the Ang Bagong Lipunan Series by issuing seven new banknotes consisting in denominations of 5, 10, 20, 50, 100, 500, and 1000-pesos.

On June 12, 1985, the Central Bank issued the New Design Series starting with a new 5-peso banknote with the face of Emilio Aguinaldo. The following months, a new 10-peso banknote with the face of Apolinario Mabini. In March 3, 1986, a new 20-peso banknote appeared. After the 1986 People Power Revolution[1][4] and the new 1987 Constitution was promulgated, the Central Bank issued a new 50, 100- and for the second time a new 500-peso banknote with the face of Benigno Aquino, Jr.. In 1991, the Central Bank issued for the first time a new 1000-peso banknote, containing the portraits of José Abad Santos, Josefa Llanes Escoda and Vicente Lim.

After the passage of the New Central Bank Act of 1993, the New Design Series, which was initiated in 1985, was slightly changed because of the new seal of the Bangko Sentral ng Pilipinas. In 1998, the 100,000-peso Centennial banknote, measuring 8.5"x14", accredited by the Guinness Book of World Records as the world's largest legal tender note. It was issued in very limited quantity during the celebration of the Centennial of Philippine Independence. In 2001, the Bangko Sentral issued upgraded 1000, 500, and 100-peso banknotes with new hi-tech security features to combat counterfeiting. During the Estrada Administration, the practice in use since the Commonwealth, of reproducing the signature of the President of the Philippines over the legend "President of the Philippines" was abandoned in favor of explicitly stating the president's name. In 2002, the Bangko Sentral issued a new 200-peso banknote with the security features found on the upgraded 1000, 500, and 100-peso banknotes and has the face of former President Diosdado Macapagal. His daughter, Gloria Macapagal-Arroyo, is at the back of the 200-peso banknote which showed her being sworn into office at the EDSA Shrine. She is the first president whose image has been included in a banknote while in office since emergency currency was issued by various provincial currency boards during World War II.

The series was renamed the BSP Series in 1993 when the Bangko Sentral ng Pilipinas was reestablished as the central monetary authority.

The New Design Series had less security features. (only the visible fibers, value panel, security thread and watermark.)

On July 8, 2009, the BSP announced that it would recall all bank notes made of abaca cotton soon and replace it with an all-polymer series. However, this is still in the planning stage, with no specific date set for printing and replacements.[5]

The BSP Series added more security features such as another glossy security thread, iridescent strip, fluorescent printing, optically variable ink, and microprints.[6]

These banknotes were legal tender alongside the New Generation Currency series until the end of 2015, when the New Generation Currency series became a single circulating set.[7] The New Design/BSP series ceased to be legal tender on June 30, 2017 and were phased out on December 29, 2017.

New Design/BSP Series
Image Value Dimensions
(millimetres)
Main Color Design Year
Obverse Reverse Obverse Reverse First Issue Withdrawal
Php bill 5 front.jpg Php bill 5 back.jpg ₱5 160 × 66 Green Emilio Aguinaldo, Aguinaldo Shrine historical marker Declaration of Philippine Independence, 1898 June 13, 1985 December 29, 2017[7][8]
Php note 10 front.jpg ₱10 160 × 66 Brown Apolinario Mabini, 1899 Malolos Constitution Barasoain Church June 13, 1985
Php bill 10 front.jpg Php bill 10 back.jpg ₱10 160 × 66 Brown Apolinario Mabini, Andres Bonifacio, 1899 Malolos Constitution, Kartilla ng Katipunan Barasoain Church, Blood Compact of the Katipuneros May 2, 1997
Php bill 20 front.jpg Php bill 20 back.jpg ₱20 160 × 66 Orange Manuel L. Quezon, 1935 Philippine Commonwealth Malacañan Palace March 3, 1986
₱50 160 × 66 Red Sergio Osmeña Legislative Building/National Museum April 18, 1987
Php bill 100 front.jpg ₱100 160 × 66 Violet Manuel A. Roxas, Inauguration of the Third Philippine Republic Old and current headquarters of the Bangko Sentral ng Pilipinas in Manila April 18, 1987
Php bill 200 front.jpg Php bill 200 back.jpg ₱200 160 × 66 Green Diosdado P. Macapagal, Aguinaldo Shrine in Kawit, Cavite EDSA People Power 2001 and the inauguration of President Gloria Macapagal Arroyo June 10, 2002
Php bill 500 front.jpg Php bill 500 back.jpg ₱500 160 × 66 Yellow Benigno S. Aquino, Jr., BSAJ typewritter, Philippine flag Aquino as a journalist for the Manila Times holding a Rolleiflex camera (in front of an article about "1st Cav" and the Partition of Korea), Study Now, Pay Later education program, Concepcion, Tarlac town hall, Tarlac Provincial Capitol, 1986 People Power Revolution.[1][4] August 21, 1987
Php bill 1000 front.jpg ₱1000 160 × 66 Blue José Abad Santos, Vicente Lim, Josefa Llanes Escoda; eternal flame Banaue Rice Terraces, Manunggul Jar cover and Langgal. December 16, 1991
For table standards, see the banknote specification table.

New Generation Currency series (current)[edit]

In 2009, the Bangko Sentral ng Pilipinas announced that it will launch a massive redesign for its banknotes and coins to further enhance security features and to improve durability.[9] The members of the numismatic committee included Bangko Sentral Deputy Governor Diwa Guinigundo and Dr. Ambeth Ocampo, chairman of the National Historical Institute. Designed by Studio 5 Designs and Design Systemat, the new banknotes' designs features famous Filipinos and iconic natural wonders. Philippine national symbols will be depicted on coins. The BSP started releasing the initial batch of new banknotes in December 2010. The word used in the bills was "Pilipino" rendered in Baybayin (ᜉᜒᜎᜒᜉᜒᜈᜓ). On December 16, 2010, the new design for Philippine banknotes were released. The font used for lettering in the banknotes is Myriad, while the numerals are set in the Twentieth Century font.[10] On December 16, 2016, BSP announced that they will launch sets of banknotes bearing President Duterte's signature. The BSP initially released five million pieces of the new 20, 50, 100, 500, and 1,000-peso bills with Duterte's signature. As for the 200-pesos bills, only two million pieces were released because of lower demand for this denomination.[11]

The New Generation Currency series will be the only circulating set of notes by December 30, 2017.[7]

In 2017, the BSP updated the design of the NGC series banknotes with the following changes:[12]

  • Replacing the signature of BSP governor Amando Tetangco Jr. to its newly appointed governor Nestor Espenilla Jr. (all banknotes)
  • Enlarged the font size of the year of issue (all banknotes)
  • Italicization of the scientific names on the reverse (all banknotes)
  • Replaced the images of the Aguinaldo Shrine and the Barasoain Church on the obverse side of the ₱200 banknote with scenes of the Declaration of Philippine Independence and the opening of the Malolos Congress respectively.
  • The text "October 1944" was added after the word "Leyte Landing" at the obverse of the ₱50 banknote
  • The Order of Lakandula Medal and the phrase “Medal of Honor” were removed on the obverse side of the ₱1000 banknote
New Generation Currency series
Image Value Dimensions
(millimetres)
Main Color Design Year of First Issue Usage in circulation
Obverse Reverse Obverse Reverse
120px 120px ₱20 160 × 66 Orange Manuel L. Quezon, Declaration of Filipino as the national language, Malacañang Palace Banaue Rice Terraces; Paradoxurus hermaphroditus philippinensis (palm civet); Cordilleras weave design December 17, 2010 Wide
120px 120px ₱50 160 × 66 Red Sergio Osmeña, First Philippine Assembly, Leyte Landing Taal Lake in Batangas; Caranx ignobilis, maliputo (giant trevally); Batangas embroidery design December 17, 2010 Wide
New PHP100 Banknote (Obverse)(reduced).jpg New PHP100 Banknote (Reverse).jpg ₱100 160 × 66 Violet Manuel A. Roxas, Old Bangko Sentral ng Pilipinas (BSP) building in Intramuros, Manila, Inauguration of the Third Philippine Republic Mayon Volcano in Albay; butanding, Rhincodon typus, whale shark; Bicol textile design December 17, 2010 Wide
PIL0222-2018o.jpg PIL0222-2017r.jpg ₱100 160 × 66 Violet Manuel A. Roxas, Old Bangko Sentral ng Pilipinas (BSP) building in Intramuros, Manila, Inauguration of the Third Philippine Republic, stronger mauve color than previous banknote Mayon Volcano in Albay; butanding, Rhincodon typus, whale shark; Bicol textile design April 11, 2015 Wide
New PHP200 Banknote (Obverse).jpg New PHP200 Banknote (Reverse).jpg ₱200 160 × 66 Green Diosdado P. Macapagal, EDSA People Power 2001, Aguinaldo Shrine in Kawit, Cavite, Barasoain Church in Malolos, Bulacan

Chocolate Hills in Bohol; Tarsius syrichta, Philippine tarsier; Visayas weave design

December 17, 2010 Limited
New PHP 200 Banknotes.jpg New PHP200 Banknote (Reverse).jpg ₱200 160 × 66 Green Diosdado P. Macapagal, EDSA People Power 2001, Declaration of Philippine Independence in Kawit, Cavite, Opening of the Malolos Congress in Barasoain Church, Malolos, Bulacan

Chocolate Hills in Bohol; Tarsius syrichta, Philippine tarsier; Visayas weave design

December 5, 2017 Limited
New PHP500 Banknote (Obverse).jpg New PHP500 Banknote (Reverse).jpg ₱500 160 × 66 Yellow Corazon C. Aquino, Benigno S. Aquino, Jr., EDSA People Power I, Benigno Aquino monument in Makati City

Subterranean Underground River in Puerto Princesa, Palawan; Tanygnathus lucionensis, blue-naped parrot; Southern Philippines cloth design

December 17, 2010 Wide
New PHP1000 Banknote (Obverse).jpg New PHP1000 Banknote (Reverse).jpg ₱1000 160 × 66 Light Blue José Abad Santos, Vicente Lim, Josefa Llanes Escoda; Centennial celebration of Philippine independence; Philippine Medal of Honor

Tubbataha Reefs Natural Park in Sulu Sea; Pinctada maxima, South Sea pearl; Mindanao design for Tinalak (Ikat-dyed abaca)

December 17, 2010 Wide
1000 Philippine Peso Bill Obverse 2018.png 2018 New 1000 piso banknote reverse.jpg ₱1000 160 × 66 Light Blue José Abad Santos, Vicente Lim, Josefa Llanes Escoda; Centennial celebration of Philippine independence

Tubbataha Reefs Natural Park in Sulu Sea; Pinctada maxima, South Sea pearl; Mindanao design for Tinalak (Ikat-dyed abaca)

December 5, 2017 Wide
For table standards, see the banknote specification table.

Security[edit]

Errors[edit]

Several errors have been discovered on banknotes of the New Generation series and have become the subject of ridicule on social networking sites. Among these are the exclusion of Batanes from the Philippine map on the reverse of all denominations, the mislocation of the Puerto Princesa Subterranean Underground River on the reverse of the 500-peso bill and the Tubbataha Reef on the 1000-peso bill, and the incorrect coloring on the beak and feathers of the blue-naped parrot on the 500-peso bill.[13][14] The scientific names of the animals featured on the reverse sides of all banknotes were incorrectly rendered as well.[15]

According to Design Systemat, the designers of the new bills, that drafts prepared by the company of the new 500-peso bill shows a red beak of the blue-naped parrot. This color was changed by the printers to account for practical printing concerns. The designers further explains that printing banknotes is not like printing brochures. Due to the intalgio printing and limited printing capability of banknote printers, it can only produce a limited full color reproduction.

The alleged mislocation of the Tubbataha Reef on the one thousand peso note was due to a security feature, a smaller version of the featured species on the bills' reverse (which is also featured on all banknote denominations) was located on top of the exact location of the Tubbataha Reef on the map. Giving the option of either moving the key security feature on the standard position or locating the Tubbataha marker correctly, the bills' French printers, Oberthur Technologies, decided to move the reef marker slightly south on the Philippine map.[16]

Higher denominations[edit]

Philippine Centennial led by Fidel V. Ramos (Reverse side of the commemorative 2000 peso bill)

The Central Bank of the Philippines (Bangko Sentral ng Pilipinas) issued only 300,000 pieces of this 216 mm x 133 mm 2,000 Philippine peso centennial commemorative legal tender banknote. Another version, with the same design but measured at 160 x 66 mm, was also planned to be issued as legal tender in 2001, but due to the ouster of President Joseph Estrada as the result of the Second EDSA revolution (EDSA People Power II), the notes were stored in the vaults of the Bangko Sentral ng Pilipinas. As of 2010, the bank was considering destroying the bulk of the unissued notes (known as the "New Millennium" or "Erap" notes), saving only 50,000 of the five million pieces to be demonetized for "historical, educational, numismatic, or other purposes". However it was not until 2012 that the bank began selling this numismatic product in a folder that clearly stipulates that the notes are not legal tender.[17]

The obverse side features President Joseph Estrada taking his oath of office on June 30, 1998 in the historic Barasoain Church, the seat of the first democratic republic in Asia shown in the background as well as the scroll of the Malolos Constitution and the seal of the BSP (Bangko Sentral ng Pilipinas).

The reverse side depicts the re-enactment of the declaration of Philippine Independence at the Aguinaldo Shrine in Kawit, Cavite on June 12, 1898 by President Fidel V. Ramos and also features the Philippine Centennial Commission logo.

The security features of the note include a 3-dimensional cylinder mold-made portrait watermark of the two presidents and the years 1898–1998, iridescent band, color-shift windowed security thread, latent image and perfect see-through register.

The 100,000-peso centennial note, measuring 356 x 216 mm, is accredited by the Guinness Book of World Records as the world's largest legal tender note in terms of size. 1,000 pieces were issued during the celebration of the centennial of Philippine independence in 1998.[18]

Higher denominations
Image Value Dimensions Main Color Description Date
Obverse Reverse Obverse Reverse First issue Withdrawal
₱2,000 216 × 133  mm Blue and violet President Joseph Estrada taking his oath of office on June 30, 1998 in the historic Barasoain Church, the seat of the first democratic republic in Asia shown in the background as well as the scroll of the Malolos Constitution and the seal of the BSP (Bangko Sentral ng Pilipinas) Re-enactment of the declaration of Philippine Independence at the Aguinaldo Shrine in Kawit, Cavite on June 12, 1898 1998 August 1, 2019
₱2,000 160 × 66  mm Blue and violet President Joseph Estrada taking his oath of office on June 30, 1998 in the historic Barasoain Church, the seat of the first democratic republic in Asia shown in the background as well as the scroll of the Malolos Constitution and the seal of the BSP (Bangko Sentral ng Pilipinas) Re-enactment of the declaration of Philippine Independence at the Aguinaldo Shrine in Kawit, Cavite on June 12, 1898 2001 August 1, 2019
₱100,000 356 × 216 mm Yellow-orange Cry of Pugad Lawin, Philippine Centennial Commission logo, Former Bangko Sentral ng Pilipinas logo Philippine Declaration of Independence 1998 August 1, 2019

References[edit]

  1. ^ a b c "People Power: An eyewitness history".
  2. ^ FM era notes, Demonetization ordered, By Ramon Tomeldan, Manila Standard, January 30, 1992
  3. ^ Solons want 'Mickey' Marcos money scrapped, by Gerry Jacinto, Manila Standard, January 14, 1992
  4. ^ a b "People Power Revolution 1986".
  5. ^ "Bangko Sentral may issue polymer money | Philstar.com". philstar.com. Retrieved 2018-09-01.
  6. ^ "Security Features in Present Money". Philmoney.blogspot.com. 2004-02-27. Retrieved 2012-06-05.
  7. ^ a b c "Still hanging on to your old peso bills? Read this". ABS-CBNnews.com. 29 December 2014. Retrieved 22 February 2015.
  8. ^ Lorenciana, Carlo (15 January 2015). "Banks to replace old bills until Dec 2016". Retrieved 22 February 2015.
  9. ^ "The New Generation Currency Program of the Philippines (Bangko Sentral ng Pilipinas)". Bsp.gov.ph. 2010-03-26. Retrieved 2012-06-05.
  10. ^ Cory, Ninoy together again on new 500-peso bill, Jam Sisante, GMANews.TV, December 16, 2010
  11. ^ https://cnnphilippines.com/news/2016/12/20/duterte-bsp-banknotes.html
  12. ^ BSP Releases New Generation Currency Banknotes with Enhanced Design and the Signature of the Fourth Governor of the Bangko Sentral ng Pilipinas, Bangko Sentral ng Pilipinas, December 5, 2017
  13. ^ Errors found on new peso bills | ABS-CBN News
  14. ^ Error-filled peso bills spark uproar - INQUIRER.net, Philippine News for Filipinos
  15. ^ Philippine Money - Peso Coins and Banknotes: Error in Scientific Names on New Generation Banknotes
  16. ^ The peso’s makeover from an insider’s view Archived February 6, 2015, at the Wayback Machine., Daxim Lucas, Philippine Daily Inquirer, January 1, 2011
  17. ^ Philippines new 2,000-peso numismatic product confirmed BanknoteNews.com. Retrieved 2012-09-25.
  18. ^ "Special Exhibits – Centennial Exhibits". Bsp.gov.ph. Retrieved 2012-06-05.

External links[edit]